QQQ & the market are heading higher! BULL RUN CONTINUATION!

and the overall markets are heading higher based on our High Five Setup Trading Strategy and what the charts are telling us!

- Ascending triangle breakout_retest_next is higher. This was a tricky one as we broke out and over shot the rest area but we are now back above the breakout area and set for ATH push this upcoming thanksgiving week IMO.

- Dropped down to our support zone and caught a bid as we anticipated due to AVP shelf and the 9ema.

- Williams R% needed that pullback last week, and now we have a retest of support and a bounce higher in our consolidation box. Giving us a strong signal we will build on the week we just had and head towards ATH's once more.

Measure move for the Ascending Triangle is:
$560
Measure Timeframe is:
March2025

For everyone that is calling a TOP across social medias. I say NO SIR! The charts DON'T LIE!

NFA

Trade active

Nasdaq100 ETF - - LET ME TALK TO YA! 🗣️

The charts know better than any FUD FURU just using whatever data to get their point across (metrics, valuation data, economic data, and valuation formulas). Unless you can get everyone on this planet to align to include the charts you or me don't know what this market will do at the end of the day/week/month/year!

Now that we got that out of the way as a follow up to all the fear spreading top callers, lets talk about the charts!

Just like with we need to give room for retests, we had an ascending triangle, our H5 Indicator stayed green and so we gave the candlestick and ascending triangle pattern retest some wiggle room! Thus allowing for the bounce off the H5/ 9Ema and breaking back out over top of the pattern which is HIGHLY BULLISH as we have a successful retest now. I expect to claw back to ATH's now very soon!

Williams R% is also respecting the consolidation box and uptrend at the same time as seen on the chart. No bullet points just a lot of words and thoughts! Here's a chart too:

🎯$560
🎯$580

NFA

Trade closed: target reached

Got that bounce and move higher we called for! ATH's smashed! Lookout for further guidance on the markets in new posts friends.

RonnieV29

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by RonnieV29

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