QQQ Meltdown: Jackson Hole Preview

By Ryan Mallory of SharePlanner

Founder of Share Planner • Aug 25, 2023 at 7:00 AM EDT

QQQ ETF has a huge bearish engulfing candle pattern following the massive NVDA stock earnings blowout.

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Image Source: Unsplash

QQQ ETF has a huge bearish engulfing candle pattern following the massive NVDA stock earnings blowout. With Jackson Hole coming up, will the stock market continue its sell-off and accelerate into a full-blow stock market crash, or will we rally after Jerome Powell's speech at Jackson Hole, thereby lifting SPY and QQQ ETFs?

Video Length: 00:08:17

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Disclaimer:

Ryan Mallory is not a financial adviser and this video is for entertainment purposes only. Consult your financial adviser before making any decisions.

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