Why I Think The Low is In For QQQ
@TigerOptions：
The tech-heavy $Invesco QQQ(QQQ)$ has been under pressure recently, and the market is abuzz with talk of an "August curse." While it's tempting to look for patterns, I believe a more nuanced approach is necessary. QQQ Daily Chart Last Thursday's decline was significant, and it's possible we've seen a temporary bottom. If the price opens strongly above Friday close price, it could signal a rebound. However, given the ongoing earnings season, volatility is likely to persist. The $443-$449.50 range appears to be the next potential support level if Thursday’s low fails to hold. Despite the short-term challenges, I remain optimistic about the long-term prospects of the tech sector, and by extension, QQQ. The underlying strength of many tech companies,
