$SPX just made new ATHs while $QQQ is still stuck. History says we crash 20% from here. But here’s why we don’t 👇
This EXACT divergence has happened 3 times before. Once it led to a multi-year bull run. Twice it preceded 20%+ crashes. How could the same setup have such different results?
Here's how to tell which one you're dealing with:
🐻 2007 & 2018: One tired sector carried the index to its final high. Narrow leadership, no confirmation underneath. Both topped within months
🐂 2013: $SPX broke out while $QQQ lagged its highs. Tech eventually caught up and the bull ran for YEARS
Right now? $XLF, $XLV, $DIA are leading. Tech gets to sleep in while other key sectors push the market higher. History says this is 2013, not 2007
The number that validates it is 🎯 $QQQ 727
📈 Reclaim it = next stop is the ATH retest at 748, no resistance between here and there
📉 Fail it = you already know what 2007 and 2018 looked like
Everyone's staring at $SPX celebrating a high that tech hasn't even confirmed yet
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.
- snuggix·08-12 17:422013 comp is shaky though — back then QQQ lagged off recovery, now it is lagging after a huge valuation run. Why should 727 clear cleanly?LikeReport
