Going below 485 will invalidate Elliot theory

來源: 三心三意 於 2024-09-26 20:06:30 [] [舊帖] [給我悄悄話] 閱讀數 : (393 bytes)

Elliot theory says on a 12345 wave uptrend, wave 2 pull back can not go lower than the high of wave 1 (which is 485). If you look at QQQ today, it bounce at exactly 485 after initial sell-off. 

Anyway, if QQQ "closes" below 485, I will need to spend more time to study this. it basically says we are not in wave 12345 yet, and could have deeper pullback.

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• Hope so... lol. Thanks for the analysis. -刻苦努力- ♂ 給 刻苦努力 發送悄悄話 (0 bytes) () 09/26/2024 postreply 20:13:41

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