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SQQQ's Steep Drop From Yellow Sell ZoneIn my previous update I emphasized that this yellow sell zone is a very strong resistance level for SQQQ. There was a lot of uncertainty surrounding the Friday jobs data, but the data came in very strong and almost double expectations. This led to a bullish rally for TVC:NDQ and SP:SPX that led to steep bleeding for SQQQ. I predicted that SQQQ will drop below the green support level over the next few months, these are my updated price targets on the way down.
NASDAQ:SQQQShort
by realchartchamp
NASDAQ The Golden Age Cycles can be identified by a curved rise, then a large pullback back to the average, dipping below the average, reclaiming the average, then dipping below again, and then reclaiming, then the next cycle begins Cycle 3 in progress Jump on the train while its hot "roaring 20s" Looking for the 11000% increase before the fall occurs Purgatory possibility is there due to the presence of large Fib circles (price loves to crash vertically along these lines) Regardless, Cycle 3 has begun! (price lifted off the mean) The roaring 20's has been done before...
TVC:NDQ
by Bixley
AAPL - Elliottwave analysis - ABC zigzag set upAAPL - The price action is in complex correction. The rise was impulse wave A up means the corrective choppy B wave drop would be good buy opportunity for C wave up. Stay bullish near 113.30 -111.70 zone with stop level below 107.30 for target above 125 level as in simple ABC zigzag cycle. The drop may take 2-5 days to complete the B wave. There is a possibility of A wave extension also. So let's see how the price moves next. Give thumbs up if you really like the trade idea.
NASDAQ:AAPL
by EWFcw
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