Nasdaq (QQQ): Ready to Go Higher; Buy Signal Alert
đź’ˇ Setup Overview:
This bullish setup is perfect for those who love buying dips. The green box highlights an ideal entry zone supported by Fibonacci retracement levels.
🔍 Key Levels to Watch:
Entry Zone: $489.88 - $501.27
Stop-Loss: $488.67
Targets:
First Target: $526.47
Second Target: $551.80
đź“Š Strategy:
The focus remains on buying dips for indices like SPY and QQQ, avoiding shorting positions. This plan leverages Elliott Wave patterns and Fibonacci extensions for precise entry points.
đź•’ Expected Timeline: Medium-term hold.
This bullish setup is perfect for those who love buying dips. The green box highlights an ideal entry zone supported by Fibonacci retracement levels.
🔍 Key Levels to Watch:
Entry Zone: $489.88 - $501.27
Stop-Loss: $488.67
Targets:
First Target: $526.47
Second Target: $551.80
đź“Š Strategy:
The focus remains on buying dips for indices like SPY and QQQ, avoiding shorting positions. This plan leverages Elliott Wave patterns and Fibonacci extensions for precise entry points.
đź•’ Expected Timeline: Medium-term hold.
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