The Green lines would show the path of a prospective Triangle (
but must rally direct from here) and with the SPX already breaking
below August lows that is less likely
The red path shows a minor bounce on QQQ then down to test
August low
Posted by johnny2012 on 22nd of Sep 2023 at 11:09 am
Thanks Steve! This is extremely helpful. Your red mapping lines
up exactly where my nq target for the IHS I posted earlier,
would extend to as well. 15100-15150 area.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
QQQ Daily
Posted by steve on 22nd of Sep 2023 at 10:53 am
QQQ - Chart Link - here you go Johnny
The Green lines would show the path of a prospective Triangle ( but must rally direct from here) and with the SPX already breaking below August lows that is less likely
The red path shows a minor bounce on QQQ then down to test August low
Thanks Steve! This is extremely
Posted by johnny2012 on 22nd of Sep 2023 at 11:09 am
Thanks Steve! This is extremely helpful. Your red mapping lines up exactly where my nq target for the IHS I posted earlier, would extend to as well. 15100-15150 area.