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Here is the matrix for QQQ and one for SP2H.
PO = price objective. The target is the end of the move for that
cycle. In conta trend moves price usually stops at PO1. Price
objectives and targets first act as Support/Resistance, depending upon
the direction of the move. Once penetrated they tend to act
Resistance/Support. The prices that have a dotted background a prices
that have been reached. The green background denotes the active cycle.
The S&P could reach its price objective in the night session. The QQQs
haven't hit the Entry Price for the up move as yet.
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