As I have said many times before, these theories of yours are total bs. And it is why you've been wrong about so many things for decades on here.
Futurs went nice and red after what looked to be a njce green pop this morning... It is Friday and this will make it that more interesting....
How do you know for sure? It's barely down and it's having a tough time selling off, with massive green candles fighting it like usual. 2 days left this month. Can easily V itself back up.
QQQ is down 8.5% ytd. You seem to be oblivious to this. You seem to be perpetually buying one of the worst performing parts of the market. At least get the 8.5% back before you start high fiving yourself on the "V".
QQQ went from 402 all the way up to 473. That is an incredible V. 8.5% is pretty pathetic given everything that has happened. You'd think it would be down more, but they keep buying the dip. There have been so many rips and we had even a QQQ +50 day. Point is it fights back strong and is a traders paradise. It would be silly to discount the V force. Yes, we are seeing some drops, but it's always fought back and this still remains the hardest market in the history of mankind to both bring down and stay down. QQQ is still way higher since I started posting here. Even this minor decline, doesn't do any damage in the never ending parabolic chart this is going to infinity.
QQQ is actually down 13.5% from all time highs. And you said just a few short months ago that even a 5% pullback would be a miracle.