It happened, but it won't matter when this is back at new ATH in a month or 2. We are getting the free money snapback here and it should rally all the way to 515-520 and it will be pivotal what happens from there.
Great call, you posted that just at the high of day, the QQQ immediately sold off 10 points down to 495 after you posted I will still take that as your official 'buy the dip call'.. ie. buy the dip from 504.. you could still be right, today could have been the bottom of this latest dip..
HO-LEE F. Where the hell is @v-shape-0DTE? You really owe everyone a big apology. We were told this market was risk free. And we were really stupid to think anything else. We were really dumb to think a new president would matter... QQQ/NDX/NQ down 4 % today and counting. Down 13 % from the top...
It's stunning, it's shocking, it's so hard to believe. I guess you have to admire this huge anomaly. Yes, I never in my wildest dreams expected this drop, but the good news is that we still have a pilot flying the plane. The market still has attempted to rally many times, it just has failed, but we know it's almost over. There's no way this week ends red overall, so you have about $19 of free upside on QQQ over the next 4 days. Probably less when it gaps up like $4-5. You know they are going to destroy shorts in the next few says. If you survived the damage, now you get to profit from the V. Sure I was wrong about it dropping, but I still have no reason to believe we don't hit new ATH again by the summer. So no reason to panic.