February 6th, 2023: SP500, IWM and QQQ Chart Update
Posted by pugsma on February 6, 2023
7:20 am EST: Over the weekend in my SP500 video update, I showed the possibility of an alternate (blue) wave count where for a minute (4) of minor 3 of major [1]-P3-C3 wave. I wanted to update the IWM and QQQ 60-min charts to show this possibility. Also, I wanted to show the key wave count invalidation levels to watch.
Also note that with further weakness in the prices today, it may come down to test the light blue lower up channel lines.
SP-500 15-min chart (EOD 2-3-23):
SP-500 60-min chart (EOD 2-3-23):
IWM 60-min chart (EOD 2-3-23):
QQQ 60-min chart (EOD 2-2-23):
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