Updated

QQQ - Penalty Box - Awaiting Decision - Playing for new ATH

Currently positioned for a repeat of the January drop and pop.
So far it's dicey. Playing Texas HODL 'em at the moment as I watched the move drop to the January Opening price way out of channel.

If we drop below 313.85 time to GET OUT! Next Stop Ground Floor.

*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*

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Wave 2 Invalidated, 100% retrace. Probable WXY now

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Folks, for anyone following this idea, I urge caution. Determine what losses are acceptable to you and set stop losses. Things could get ugly. We've been flirting with the Bear Zone, and 30+% drops are possible. One scare on NGA and it dropped 57%, one on WKHS and it dropped 71%. The market is very volatile.

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Adjusted Probable Glide Path

Where we go after this EWave is uncertain.

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We're bouncing around in the Penalty Box

I suspect the market is awaiting the stimulus deal.
1.9T passed the house, being debated and modified in the senate
Next step back to the house for modified version approval, possibly this week.

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Lots of "Head and Shoulders" patterns completing this way.

Still looking for stimulus in the next 2 weeks to push things higher, but will take my losses and get out if we start back into the 2008-2020 channel between the dotted black lines.

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Today's Hairy Heuvo Complete

N0tSwift

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N0tSwift