This 120m chart of QQQ shows the index breaking out of a triangle and moving higher in the first wave of larger degree Wave 5. My longterm view is for higher prices in QQQ, but I think we are nearing a short-term top that presents a trading opportunity. See follow-up chart for trade details.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.