The entire $QQQ election pump from two days ago? Gone. Wiped. That's how fast sentiment shifts in this market.
This is a reminder that post-event rallies can be fragile, especially when they're not backed by follow-through volume or conviction. The Nasdaq rip looked strong for a moment, but without sustained buying, these moves reverse just as quickly as they appear.
If you chased that pump, this is a painful lesson in waiting for confirmation. If you stayed patient, you're now looking at potentially better entries. Watch how $QQQ handles support here—if it holds, we might get another leg. If it breaks, the flush could get uglier.
Markets don't care about your election narrative. They care about price action, liquidity, and what happens next.
This is a reminder that post-event rallies can be fragile, especially when they're not backed by follow-through volume or conviction. The Nasdaq rip looked strong for a moment, but without sustained buying, these moves reverse just as quickly as they appear.
If you chased that pump, this is a painful lesson in waiting for confirmation. If you stayed patient, you're now looking at potentially better entries. Watch how $QQQ handles support here—if it holds, we might get another leg. If it breaks, the flush could get uglier.
Markets don't care about your election narrative. They care about price action, liquidity, and what happens next.