The point is that the QQQ rose before the DJIA in relative terms (red line is DJIA). It implies a 3.5 drop in DJIA. Other studies confirm a 19225-ish top
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.