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TQQQ - 5 Year Trend Up, March drop, Elliot Wave to the Top
TQQQ
, 1W
TQQQ: TQQQ - 5 Year Trend Up, March drop, Elliot Wave to the Top
Updated  Sep 11, 2020

Are we going to bounce off of the February High? or are we going to continue on the current downward trend? Thoughts? March high is providing support two bounces so far. Possible A leg of correction. Trend channel down continues to provide resistance. Still a long way down to the 200MA Daily chart shows trading in a narrowing wedge. *INFORMATION ONLY - NOT...

SP500 Up, UPRO Up - Leg2 Elliott Wave, Bigger B Correction
UPRO
, 1
Long
UPRO: SP500 Up, UPRO Up - Leg2 Elliott Wave, Bigger B Correction
00:05
Updated  Sep 11, 2020

Overall I think we're on Leg B of a market correction in the bigger picture. But in the short run, it looks like we're on Leg 2 of an Elliot Wave up for UPRO on the S&P overall, expecting a 6-10% rise, then a precipitous drop . Prediction - UPRO dropping to between 58.91-59.73 with arise to between 64.5-70.08 (short run) New to this platform, would welcome...

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