jespergarm
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jespergarm
Nasdaq 100, QQQ expected to bounce from here
QQQ reached equal legs perfectly friday and is now expected to bounce monday to regain 50% of the decline from ATH. Then another leg to reach the long time trendline and volume support is expected.
jespergarm
TSLA Tesla correcting towards 90
Tesla appears to be correcting the 2022 top in an expanding flat to reach the missing volume at about 80-90. There is a match with the expanding wedge. Soon the wave 1 will end and the retracement in wave 2 is expected to be 50% and reach 350, at which it is time to exit or maybe even short. The PE is over 100 so a correction seems reasonable. Maybe as the correction ends next year, the selfdriving cars and optimus has a breakthrough. Tough competition from BYD
jespergarm
QQQ, Nasdaq 100 expected bullish till end March
Based on EW count, Vix, volume profile, support lines QQQ is expected to continue the bullish trend till end March. Two possible corrections may then play out as seen.
jespergarm
XRP expected to reach 2.0 before correcting
EW count and channeling predicts wave 5 to complete at about 2.0 within the next daysDetailed countTarget still 2.0 within the next week and then correcting
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