QQQ Intermediate Term A Wave 2 a-b-c trendline is drawn inside the Fibonacci reversal window. Breaking hard below that trend line should be the beginning of Wave 3 of 3 down. An hourly close below 280 is expected to lead to a quick drop toward, and then under, 250 UNG - How was that (Jun 2nd) for an exit? We played UNG well. A new entry Long is on my radar...but not quite yet.
