3/19 update QQQQ

Sorry I have not been keeping up with the updates on QQQQ. Not much has been going on since the market has been moving sideways for a while. After breaking my target of 46.64, the market has been very slowly creeping upwards to my next target of 48.38. The oscillator on the hourly charts are showing a sharp reversal and the reversal is also reflected on the daily chart.

My reasoning is now that the original EW pattern I had drawn may have been wrong and I have discovered a couple of alternate patterns which could be developing. I still remain bearish on QQQQ in the short run, but now I am not sure about the long term trend - the bull market run may or may not be over.

Will post detailed analysis in a couple of weeks as I am very busy at the moment.

-Wown
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