$Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ QQQ opened at $725 mid on July 15 and dropped hard and fast to $660 in 10 trading days. That entire move just got erased in 7 days, a violent V rally back to this level. Stairs down, elevator up.
QQQ hit ATH on June 3 and took 38 trading days to drop to $660. With it sitting only 3.5% from that June 3 high, I'd expect QQQ to hit it this week, probably after CPI. That would be a 10-trading-day V rally back to highs. 38 days down, 10 days up. That's a bull market for you, fast and violent.
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