QQQ, SPY, DIA have all put in runs of ~20% from the lows. Time for a healthy consolidation/pullback. SPY & DOW have lost the 20D SMA. QQQ holding on making a higher low on the pullback. When QQQ loses the 20, we have seen drawdowns of ~10% to 20% since the start of 2022.
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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.