The Bank of Japan is widely expected to announce its interest rate hike on June 16.
Looking back at the 2024 tightening cycle, $Invesco QQQ(QQQ)$ established a structural bottom just three days after the decision, before starting a significant rally for the rest of the year.
If macroeconomic policy changes spark more volatility this week, any near-term turbulence could just be a healthy technical flush, offering a solid buying opportunity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
