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Cypher near the 2.618 off Dec. Distr.
Invesco QQQ Trust, Series 1
Cypher near the 2.618 off Dec. Distr.
By JerryManders
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Jan 3, 2023
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Jan 3, 2023
Bullish cypher near the 2.618 downside extension from the December distribution. Eyeing bounce to 275-277 as a decision point.
Rejection from 275-277 would imply further downside, will re-evaluate there. Should see explosive upside to the 275-277 in coming weeks.
Minor accumulation around current level.
bounce
Chart Patterns
Harmonic Patterns
QS
JerryManders
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