Don't go all in at the 200-day. $QQQ is at $684. The 200-day is at $680. $QQQ hasn't touched it since April. Every first touch after 100+ days above it since 2004: - 14 times - 1 month later: higher 8 of 14 - 1 year later: higher 12 of 13 - Typical low in the next year: 8.6% under the touch - Worst: 28.1% under, in 2022 Buy some at $661. Keep cash for what's under it. Bookmark this.
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