QQQ vs SPY reached DOTCOM BUBBLE levels - expect a pullback

1 342
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.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.