QQQ Elliott Wave : Forecasting the Rally From the Blue Box
Hello fellow traders,
In this technical article, we are going to present Elliott Wave charts of QQQ ETF . As our members know QQQ has recently bounce from the Equal Legs area. The EWF has reached the extreme zone from the 540.6 peak and found buyers as expected. In the following sections, we will explain the Elliott Wave forecast.
QQQ Elliott Wave 1 Hour Chart 04.06.2025
The current view suggests QQQ is trading within the cycle from the 540.63 peak that is unfolding as a Elliott Wave Zig Zag pattern. We expect an extension toward the extreme zone at 419.26-373.2 . At that zone buyers should re-enter, which could lead to a further rally in a 3 waves bounce at least. We recommend that members avoid selling QQQ .
Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.
QQQ
QQQ Elliott Wave 1 Hour Chart 04.10.2025
The ETF made made extension down and reached Equal Legs area as expected. QQQ found buyers, and made decent reaction from the Blue Box zone. Cycle from the peak ended at 395.86 low. As far as the mentioned pivot holds, we can see further strength in the ETF. As a result, members who took the long trades are enjoying profits in risk-free positions. The 395.86 level remains key for the current bullish outlook to stay valid.
90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test
Reminder for members: Our chat rooms in the membership area are available 24 hours a day, providing expert insights on market trends and Elliott Wave analysis. Don’t hesitate to reach out with any questions about the market, Elliott Wave patterns, or technical analysis. We’re here to help.
QQQJoin us today !
???? Elevate your trading with Elliott Wave Forecast!
???? Ask unlimited questions during trading hours (Monday to Friday). Our Chat Rooms are an excellent place to learn, with continuous support from our market experts!
???? Explore our expert insights and real-time analysis covering Forex, Indices, Commodities, Cryptocurrencies, Stocks, and ETFs across 78 instruments.
???? Gain exclusive access to our Official Trading Recommendations in the Live Trading Room, where seasoned experts provide valuable insights and guidance on new trading opportunities.
???? For just $9.99, unlock a wealth of knowledge and experience with our 14-day Trial. Experience firsthand our proven trading strategy, which accurately defines Entry, Stop Loss, and Take Profit levels, empowering you to make informed decisions with confidence.
???? Ready to take the next step? Get your 14-day Trial in just a few clicks! Click here to start your Trial today!
Source:-forecast.com/stock-market/qqq-elliott-wave-forecasting-rally/