Pullback in tech is imminent ๐จ
The percentage of stocks above the 5-day moving average hit 96% โ ๏ธ
We have seen a cooldown every time the tech got this over-extended in a short period of time.
6 years of data on this chart suggest a meaningful pullback/correction is coming.
Simple yet very effective. This time it's going to be no different.
Image
QQQ 
NQ1! 
SPY 
NDFD
We have seen a cooldown every time the tech got this over-extended in a short period of time.
6 years of data on this chart suggest a meaningful pullback/correction is coming.
Simple yet very effective. This time it's going to be no different.
Image
QQQ NQ1! SPY NDFD 
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