Posted by goldnice on 22nd of Jan 2020 at 09:16 am
HQU.TO Nasdaq 2x Bull ETF. 5 year (Weekly) chart. Looks and
feels like a Elliott {Wave 5} blow-off top. The price action &
psychology is classic {Wave 5} action. The first sign of trouble
would be a breakdown of the uptrend line from the Oct Repo
injections. Moved my stop up to $91. As long as we stay over $76
this price action remains valid and bullish.
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HQU.TO Nasdaq 2x Bull ETF.
Posted by goldnice on 22nd of Jan 2020 at 09:16 am
HQU.TO Nasdaq 2x Bull ETF. 5 year (Weekly) chart. Looks and feels like a Elliott {Wave 5} blow-off top. The price action & psychology is classic {Wave 5} action. The first sign of trouble would be a breakdown of the uptrend line from the Oct Repo injections. Moved my stop up to $91. As long as we stay over $76 this price action remains valid and bullish.