As I said some the same things for the S&P 500 . here we have QQQ . Repeating this pattern staying In this box for some time now. investment accounts , 401ks, real estate , etc etc. I see all accross the board people buying almost everything at very high prices. With no in dept look . lets try and make sense of this in market terms. The stock market is not in correlation with the economy say it with me 3 times please. now the level has been met since December 2024. and every single time we create a gap and fall from there now honestly I can see a wall of support is being built but after July please watch out from there. a lot of war money coming into the market
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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.