Following the dot.com bubble, QQQ retraced ~85%.
In 2022, we've seen ~18% downslide from ATH in Nov 21.
Continuation of correction to long-term mid-channel would be approx 30%, resulting in a PT arround $290 to $295.
Tightening monetary policy with higher bond yields have potential to drive further institutional risk-off portfolio balancing and drive the price lower, especially in a high inflation environment.
Too early to assess total impact, but further downside sell pressure is likely in near-term... at least until CPI #'s publish on 3/10 and FOMC meeting on 3/16.
In 2022, we've seen ~18% downslide from ATH in Nov 21.
Continuation of correction to long-term mid-channel would be approx 30%, resulting in a PT arround $290 to $295.
Tightening monetary policy with higher bond yields have potential to drive further institutional risk-off portfolio balancing and drive the price lower, especially in a high inflation environment.
Too early to assess total impact, but further downside sell pressure is likely in near-term... at least until CPI #'s publish on 3/10 and FOMC meeting on 3/16.
Trade attivo
Bearish continuation with high risk of recession as commodities are spiking and inflation is running rampant.Trade attivo
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.