Invesco QQQ Trust, Series 1
Long
Aggiornato

Tech Rally

489
Breakout of wedge, all pullbacks would be an opportunity to add. A test of the wedge breakout is possible as a bear trap before the larger upmove. The target is conservative, I actually think it's more likely they come back to test the trendline.
Nota
looks like it's in the process of the bear trap (B wave) istantanea
Nota
they are buying it at the breakout, but there's something odd about the RSI. If they keep selling today we may have one more leg down. Fibs and RSI are telling me it's possible... istantanea
Nota
rally postponed, this looks like the final wave down is coming now into tomorrow. 5 waves down would be impulsive and indicative of a larger market reversal but we likely bounce well next week. istantanea

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