Invesco QQQ Trust, Series 1
Updated

Similar candlestick on QQQ

72
Today, the market suddenly dropped in the morning and recovered. The candlestick on the QQQ today is very similar to the one back on Sept 2, 2020.
In terms of location, they are similar as well where QQQ makes all-time high on that day.
Of course, we know what happened after the Sept 2, 2020.
Just something interesting to think about heading into the next few days.
Note
Today the QQQ dropped almost 3%. The drop on Sept 3, 2020 is about 5%. We could see more downside coming just like we did back in September 2020. At the end of this, there will be good investing opportunities.

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