Hello fellow traders,

In this technical article, we are going to present Elliott Wave charts of QQQ ETF .  As our members know QQQ is trading within the cycle from the 396 low. Recently the ETF  has reached the extreme zone from the April 9th peak and found buyers as expected.   In the following sections, we will explain the Elliott Wave forecast.

QQQ Elliott Wave 1  Hour  Chart 04.21.2025

The current view suggests QQQ is about to complete the cycle from the peak. Correction is reaching the extreme zone at 429.35-420.91 area.  At that zone buyers should re-enter, which could lead to a further rally toward new highs or in a 3 waves bounce at least. We recommend that members avoid selling QQQ and keep favoring the long side.

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

QQQ found buyers, and made decent reaction from the Equal Legs zone : 429.35-420.91.  Cycle from the peak ended at 428.3 low. As far as the price stays above that low, we can see further strength in the ETF. As a result, any long trades from the marked zone should be in risk-free positions with partial profits taken.

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.

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


QQQ

Elliott Wave Forecast Membership

Trade with a clear plan — not guesswork.

At Elliott Wave Forecast, our team of professional analysts monitors 78 instruments across global markets every day, helping members identify high-probability opportunities and manage risk through a structured, rules-based trading process.

Inside your membership, you’ll receive:

Real-Time Trading Recommendations — with clearly defined Entry, Stop Loss, and Take Profit levels for each setup.
Live Trading Room Access — follow professional trade setups as they develop in real time.
24-Hour Chat Room Support — ask unlimited questions and receive guidance from experienced analysts throughout the trading week.
Expert Multi-Market Analysis — covering Forex, Stocks, Indices, ETFs, Commodities, and Cryptocurrencies.
Exclusive Educational Videos — included at no additional cost, with practical lessons on Elliott Wave theory, trading strategies, risk management, and trade execution.
Learn the Process Behind Every Setup — understand how experienced analysts identify opportunities, define risk, and manage trades as market conditions evolve.

Ready to see how the process works in real market conditions?

Regular 14-Day Trial: $9.99
Limited-Time Price: Only $0.99

👉 Start Your 14-Day Trial for Only $0.99