PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

  • Meta

  • Follow Blog via Email

    Enter your email address to follow this blog and receive notifications of new posts by email.

  • Subscribe

  • PUG Wave Labeling

    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

  • Categories

  • Archives

May 14th, 2020: QQQ 60-min Chart Update

Posted by pugsma on May 14, 2020

QQQ minor 3 or major [1] topped at 228.10, just below the minor 3 =1.62*minor 1 target of 229.96.   The 23% Fib retrace for minor 4 is at 217.23 and the wave (4) of previous degree (often a target of wave 4) is at 211.11.  Once minor 4 completes, minor 5 of major [1] should break above 128.10 towards the 235 to 246 area.

QQQ 60-min chart:

QQQ Technical Analysis

Sorry, the comment form is closed at this time.

 
%d bloggers like this: