Focus on the Nasdaq 100 (QQQ): I want to bring this alternative count forward because (1) it allows for the rally we are seeing this week, and, (2) it doesn't change the < 400 target before Sep 20th options expiration. Who said market timing was easy? QQQ 120 The proverbial "kiss" of the bottom channel line before breaking down. QQQ Daily Yes, that's over 100 QQQ points lower by Sep 20th expiration, the time we are looking for fiive waves down. That, my friends, counts as a market crash.
