QQQ 5-min. update arriving at the dashed line in the chart representing the 4th wave. Those who remember my oft reminder, markets, all markets have a tendency to revisit the zone of the previous 4th wave of one lesser degree during a correction of consequence. Often a Wave (a) can end here and reverse into an upward (b) wave rally http://tos.mx/mgiGSze
QQQ 5-min. ................ for those who might be even remotely interested in what this loser has to say, here then is a juicy one which nobody believes, nobody truly understands it to the level of deep within their blood and bones the way I do ................ QQQ has hit not only the previous 4th but have a good look at how the waves work in terms of the mathematical backbone they are based on in the Universe. QQQ touches down on 161.8% golden ratio as shown. The levels below are 261.8% and 5423.6%. 361.8% is not a part of the series but I use it as it works in the Pyramids and in Partial Differential Equations. go figure! http://tos.mx/hBeEJ3C
QQQ 5-min. ........................ see the horizontal dashed purple line? I just put that in there to show where the magnet for the correction pull resides. Note it is exaclty more or less where 423.6% is located. Yeah baby, the Universe has redundancies and numerous roads that can all lead to Rome The 61.8% is derived from the entire bear rally's last leg that began July 14 http://tos.mx/WmfGNoL
Marketwatch has finally confirmed my call (wave 3 in coronavirus) but they don't know what a wave 3 is Coronavirus Update U.S. leads the world in new COVID cases as BA.5 continues to spread and illustrate that the pandemic is far from over Last Updated: July 22, 2022 at 1:44 p.m. ETFirst Published: July 22, 2022 at 10:13 a.m. ET https://www.marketwatch.com/story/u...is-not-yet-over-11658499199?mod=mw_latestnews
See the section in quote on Gold arriving at the supercharged support I outlined. Goldie did arrive to within a whisker, got a whiff and bounced nicely thus far. Keep monitoring this scenario because many dead goldbugs, some very famous ones who were calling for 5k gold and have lost huge money, might get a reprieve with a rally http://tos.mx/mn413GA
Decision #2 made: going into a weekend in which I need to straighten out my thought-ing. I would rather do this with the lightest load ont he Head as possible. Want to go to the Beach too and do some serious swimming. I want to just relax and take it easy not a care in world All current open short positions closed at $301.37 So therefore, Flat flat flat all current positions And CORE positions STOP = 308.64
The 161.8% Fibonacci level has made me soooo much juice over the few years of being a novice, I bow to Mother Mary for bring this concept HOME to in such a way that it staggered me and drove right into the bone marrow. For anybody else taht I have spoken to who does Fibonacci its has been easy for me to see and observe its all intellectual, never a bone-crushing event as it is with me. This is the reason I spend so much time in Universe research on the WAVES. It must get native to you just like Karate must be so native that its instinctive. Many thanks to Mother Mary for guidance.