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December 16th, 2020: IWM, QQQ and SP-500 Chart Update

Posted by pugsma on December 16, 2020

1:30 pm EST: Introducing a potential Ending Diagonal (ED) completion to major [5]-P1-C3 wave on the QQQ and SP-500 charts. The recent dip was the minor 4 of major [5] wave and now the final minor 5 of major [5] wave push to new all-time new highs before a key market top (P1-C3) in January 2021.

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

SP-500 15-min chart:

SP500 Technical Analysis

SP-500 60-min chart:

SP500 Technical Analysis

SP-500 daily chart:

SP500 Technical Analysis

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