The High of QQQ so far has been 448.64. To get 5% would require 424. How on earth is that even possible? There's been so little volatility. Every small dip is instantly bought right back up. It feels like the market isn't capable of that happening and it would be stunning.Feels like something is brewing. A nice correction seems to be setting g up of at least 5 to 8%.....let me say even a 1 to 2 % sell off will literally feel like the depths of hell when it happens since markets have only been going 1 direction for 5 straight months with nothing but unlimited upside. And with predictions of the markete only gaining because it's an election year seems as if every inkling of a drop will be bought, we'll don't be surprised if this time it's not.
Any dip is a gift. And it certainly wouldn't be hell. It would be bought so fast.