#QQQ New Buy Signal ?

It appears that the A-B=C correction in the 5th wave down, in the #qqq, has completed. The #FED will make its #prepared #announcent of its #50 point basis increase.

This #cycle low could be the basis of a huge #rally for the next #4 to #6 weeks. but ass always, we await for #confirmation. There has been a lot of talk for a much needed 75 basis point increase that should be implemented this meeting. As long as #FED #powell sticks to his announcement, I would expect the #qqq to rally.

Will keep you update.
Chart PatternsDIAelliotwaveanalysishurstcyclesTechnical IndicatorsQQQqqqforecastqqqlongSPDR S&P 500 ETF (SPY) Trend Analysis

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