Colleagues,
QQQ has been demonstrating a divergence since FEB. In addition, it seems that we have reached the same ratio levels between QQQ and SPY as in 2000s.
Therefore, I expect QQQ to experience a small pullback. I don't think it will be a crash per se, as these technology companies are earning real money these days, but nevertheless a 23 or 38 level Fib retracement would be healthy.
QQQ has been demonstrating a divergence since FEB. In addition, it seems that we have reached the same ratio levels between QQQ and SPY as in 2000s.
Therefore, I expect QQQ to experience a small pullback. I don't think it will be a crash per se, as these technology companies are earning real money these days, but nevertheless a 23 or 38 level Fib retracement would be healthy.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.