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September 29th, 2020: IWM and QQQ Chart Update

Posted by pugsma on September 29, 2020

Neither IWM or QQQ has yet to clear above their respective upper, down channel lines, so the alternate (blue) count double Zig-Zag to new lows for major [2] is still in play.

Breaking above these upper channel lines would make the primary (white/green) count to new highs for minor 1 of major [3] a much more probable outcome.

IWM 60-min chart:

IWM Technical Analysis

IWM daily chart:

IWM Technical Analysis

QQQ 60-min chart:

QQQ Technical Analysis

QQQ daily chart:

QQQ Technical Analysis

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