May 7th, 2020: QQQ 60-min Chart Update
Posted by pugsma on May 7, 2020
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SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
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Posted by pugsma on May 7, 2020
QQQ has been on this bullish count since it broke above 220.04 Tuesday, March 5th.
As I mentioned on Tuesday, the QQQ price action indicated that the bullish alternate (blue) count on the SP500 was the more likely outcome.
QQQ 60-min chart:
This entry was posted on May 7, 2020 at 12:00 pm and is filed under Premium, QQQ. Tagged: Elliott Wave Technical Analysis, QQQ Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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