The Long Investor
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$QQQ TOP 20
🕑 Added 2025-04-04 14:40:02 +0000 UTCPlan for the $QQQ as the $SPY approaches its 0.38 Fib
This may stop the $QQQ falling down a lot further if support comes in shortly for the $SPY.
So I am watching for the blue line at $408 and the 0.38 Fib at $389 as the potential support range for Wave A.
A fall into this range and I would expect Wave B next.
Comments
Gerry
Im curioius, why isn't your FIB swing low to swing high isn't from Oct 22 to Feb 25?
Kad
If SPY finds support and accordingly QQQ doesn’t fall down further to its Wave A support level, would that mean this was not the Wave A of corrective wave ?
MCAL
Thank you
Gareth Neary
Slightly less around -8%
MCAL
that's another 10% down. Am I reading this right? Thanks