TQQQ at close

18 พ.ย. 2022

We hit the wave 4 target that we talked about in the last post... where are we going???????? honestly i have no clue but this is what the chart is telling me....

We are in a larger time frame pull back..

Y'all already know the elliott wave count it's pretty much stayed the same the last couple of days...

Right now i see wave 5 coming.. ADX is detecting a weak downtrend which tells me that we are in a pull back not a new impulse wave.. that could change but as for now thats what im seeing..

Scenario #2 would be what everyone wants.. the bull market to return.. yes inflation reports have been positive but a bullish market, low unemployment and booming economy is not what the fed wants. Regardless we are gonna make money in a bull or bear so it really doesn't matter.

Thank yall
God bless

22 พ.ย. 2022

บันทึก

hello traders just a quick update, so our wave 4 hit perfectly at the 38% fib level, this week i didn't expect much action due to the holidays but i expect wave 5 to hit sometime next week..

24 ธ.ค. 2022

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