I am referring to retracing wave 3 from $164.40 to $303.06, length = $138.66
Range of valid retracement, 14.6% to 50.0% i.e. $282.82 to $233.73. But because wave 1 completed at $236.18, valid range is reduced to $282.82 to $236.19.
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I BTO call QQQ (Dec 31 $310). Wish me luck,
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Less than $5 to $310 
May be in the afternoon or 2mrw. Hopefully not AH/PM.
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How did you come up with wave 3 of 3 going up? I was skeptical, as I can not see clearly what can happen Monday and Tuesday.
But, the issue is that fall can happen again any time.
Firstly, abc and 123 looks identical, so your skepticism is valid. I’m not that 100% too If always 100% sure, I’m a billionaire now and not hanging in this forum chatting. Would be flirting with young super models and do like Trump, grab 
Refer to the 5 mins chart. Saw a wave one-two pattern (ofc could be ab, always bear that in mind). Using the wave personality of QQQ detected recently, wave 3 should be completed at $309.26 (yes, identifying wave personality improves your accuracy, wave personality tells you the aggregate profile of current traders).
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Then look at 1 min chart, (btw, the wave three of three I exclaimed last Friday has completed during AH/PM),
Hmmm, me too. With volatility coming down, I am unable to see ahead, but over all downtrend until dec 31st. However, QQQ is doing better than SPY.
Next year could change if value stocks take leadership.
The new count (and assuming same wave personality) is:
Note: Short term can assume same wave personality, longer term shouldn’t because could be a different mix of traders.
But, I can tell you one thing that tomorrow is not a good day for you. I will leave it to you.
The wave has to end low and turn, it is not done yet.
Somehow your algo keeps interpreting as abc zigzag I can see that possibility. Remember 123 pattern could be abc instead.
What’s your play for Value stocks ? Are you putting into Large value ETF or individual stocks ? I do feel once profit taking starts from tech, money will rotate to value stocks.
That’s my thinking too. Guess you are new here, I was just talking about trading, not investing. If the rotation starts, instead of trading QQQ, trade SPY or some ETFs like XLF or XLI
Did you sell it? I expected market down tomorrow, but it happens now too, still QQQ up positive.
Side note:BNTX dropped heavily, I bought more
I sold covered calls. Try to double dip.
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@Jil FYI - ppl predicting the same to happen for Moderna this Thursday - drop heavily after approval
We do not know. After the fact, BTNX fallen, I went to fidelity active trader and noticed some big (investor or funds) sold 14 Millions (Last two red) stocks, while buy side it was just 4M last two days.
Either someone sold their Pre-IPO stocks or someone divested (like Merck divested MRNA previously when it touched 175) .
All these are unpredictable for individual stocks. Since I was waiting for such opportunity, I bought appx 400 shares between $114 and $105 in all my accounts. IMO, when fundamentals are strong, these down slide are opportunity to pick.
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Wonder how it impacts future price behavior.
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Too often successful trades like below make me want to bet BIG, the only reason why I dare not because of the Isaac Newton story. A M1 MBA so far. Thought would hit $310 by Tues, today is Wed and still not there, some miscalculation 
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You are expecting too fast recovery at December profit taking time!
I have learned to be greedy STC 10, left 2 Let the profit run!
Made a M1 MBA in just three days 
Close enough to $310 
Easy money is making my head swollen, now feeling like a trading genius, making $10k+ for a few weeks consecutively. A running rate of $500k+ per year 
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I saw yesterday close was $311 (exceeded) and wondered how closely matched your wave 3 of 3 ! This is the part I am missing esp “How much % it can go up and how much % it can go down?”
Then, I bought a put yesterday just near close and made money today (small amount). Today, I bought some calls (let me see my luck) (BTFD) !
It is possible if you do full time, but you need some tools like EWT and strictly follow safety part. Never exceed the limit (by greediness that kills - lessons learnt).
When we are calmly playing we win, when tense we lose. (Again lessons learnt).
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