As market participants, we are constantly on the lookout for the next big opportunity, and right now, the Invesco QQQ Trust is presenting a compelling case. This is your chance to get in before what could be an explosive move.
Let’s take a moment to reflect on the QQQ’s recent performance. In March 2023, the QQQ was trading near its 200-day moving average, a critical support level that set the stage for a remarkable rally. By July, it had soared to 387—a staggering return of approximately 35.8%. Then, on October 26, 2023, the QQQ was at 342.35, only to climb again to 448.64 by March 8, 2024, marking another impressive gain of around 31%.
These movements are not just numbers; they represent the potential for significant profits. But the real question is: will we see this kind of explosive behavior again?
With the QQQ recently touching its 200-day moving average once more, the stage is set for what we refer to as a “RIP YOUR FACE OFF RALLY.”
To explore this further and gain insights into how you can position yourself for this potential market move, you need to watch this Masters in Trading Live session. I’m diving deep into the analysis, offering actionable strategies to help you capitalize on this opportunity. Whether you’re a seasoned trader or just starting, this session is packed with valuable information you won’t want to miss.
Every day the markets are open, you can join me live at 11:00 AM ET. These sessions are brief, insightful, and designed to highlight attractive trading opportunities as they materialize. They’re filled with explanations, education, and context so that even newer traders can benefit—and they’re completely free.
Tune in and discover how you can take advantage of the next big move in QQQ. Your journey to mastering the markets continues here, with the Masters in Trading community.
The creative trader wins,
Jonathan Rose,
Founder, Masters in Trading