Nasdaq QQQ Near Highs Compared with 2008 Financial Crisis

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After falling 30% and bouncing off the 200 week moving average, Nasdaq is currently only 7% down from it's highs.

In 2008, you'll see that the Nasdaq crashed 26% and then rallied to 7% below it's highs before falling 50%.

History doesn't necessarily repeat itself but it does rhyme. This doesn't mean the same type of crash will happen again, but it's best to keep your mind open to the possibility as there are clear similarities to the past.

Feragatname

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