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 September 29, 2021
Looking at the QQQ 60-min chart, as much has it look like a potential bearish head & shoulders (H&S) neckline break down below 359.96 for the alternate (blue) wave count, there is also a potential bullish double +DIV on the RSI and MACD right at the 38% Fib of 357.39 for minor 4 per the primary (white/green) wave count.
QQQ 60-min chart:
This entry was posted on September 29, 2021 at 2:00 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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