QQQ and the broader markets are correcting as expected. NVDA was tremendously overvalued. Many companies are selling off into value zones at this point as the Mag 7 continues to bleed. Look back at my retrospective QQQ chart and how it perfectly corrected at the golden ratio. I expect a bit more downside here, September is typically the worst month of the year for markets.
-My target before Sept 21st is 444$ -The 50 EMA will likely rise to the red dashed line or close, we could see a wick to that region in the next 2/3 weeks -I expect a retest of 500ish by end of year
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.