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I JUST did a study on springtime bottoms, SPY,SPXS,spxu, SPXL,QQQ,sqqq, TQQQ;
bottom areas in those can take weeks to months.
With SPY,QQQ still below 200 day moving average/ took some profits on tech ETFx3...... cut a loss on SPXU.
USUALLY,QQQ outperforms SPY; past 52 weeks. SPY, liquidity...