NASDAQ:QQQ   Invesco QQQ Trust, Series 1
$QQQ HUGE Key Levels, Analysis & Targets

I can't believe I'm publishing this one. 🤣 I want to keep it and I don't want to publish it private, but I also need to remove the lines and trade on a practical timeframe... LOL

Ok, I might lose a few people here… and that is ok.
This is in log mode.
Tech bubble one to start, and an 83% drawdown on QQQ… hits bottom in 2002… runs for 7 years, but does NOT recover before the next recession. So tops in 2007, bottoms in 2009… in 2016 we return to all time highs from 2000… WOW.

So from 2009 to 2022 is an 11 year bull run with minimal correction… and when it was supposed to correct in 2019 it was propped up by the fed instead… which actually created quite the bubble…

With that being said an 83% drawdown would take QQQ to about 68. Believe what you want and the market is one day at a time and I do trade it that way… but damn, this could get interesting…
Lets hike some rates, y’all…

It's COLD in the High country BTW ❄️❄️❄️

YouTube Channel www.youtube.com/@spyderqueentrading (Almost DAILY updates, come play)

I am not your financial advisor.
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