UPDATE Sept 7

Another very quick update.

yesterday played out perfectly 🥰.  we drove down to 372 and bounced.

However, the bounce didn't hold, and we got another leg down overnight.  That gives us a 5th wave, meaning more downside is likely.

Below is the NQ futures with my count and notes.

there are bullish divergences shown in yellow. as well as a red mixed signal.

Jobs numbers get released an hour before open. I'm looking for a rally. This rally most likely will not be sustained.  we are oversold and could use a bounce. I suspect we pop and drop.

Getting very oversold. I'm looking for a bounce. the most likely bounce zone is 376/377 at the mid bollinger. unless price breaks 381.05 qqq remains bearish. If the price gets below 369, then 355 is the next target.

I still like Uranium and any other energy. We are entering a dangerous time for the market. when I posted about the bull run, i said it would last the summer, and summer is ending. I have been neutral since August. I believe a big drop is coming. Sometime this month is my outlook.

as I said a very quick post.

Be Safe, Be Careful, Be Wise

and as always

Good Luck

I like energy, shipping, metals, and miners to get through this. I would not buy yet, but they will recover sooner in the upcoming drop. Protect your assets.