🎓 Check out our latest educational videos here !

Standard Research

Enjoy our market updates, in-house videos, media interviews, data analysis and more.

Please visit our Premium Research section for daily actionable analysis, including updated fundamentals, technicals, actionable bias, and proprietary tradable levels.

Blue Line Futures Research

Are Today's $SPY & $QQQ Lows Similar to 2008/9 & 2020? | Bill Baruch TD Ameritrade Interview

Posted: May 14, 2022, 6:58 a.m.

There are some parallels taking place to other bottoms we have seen in the equity markets in years past (2009, Covid lows of 2020):

The recent decline in the Chinese Yuan & Shanghai Composite as the US Fed is tightening is reminiscent of 2015.

Many trading participants are speaking about not being able to have an equity bottom without a $VIX spike. Why could this not be the case this time? (Think August 15')

Have the markets brought the most pain to the most people? (Think 60/40 portfolios)

If a 3.25% yield in Treasuries is a short term ceiling, from a technical perspective it shows an inverse Head & Shoulders.

The US Dollar rally has continued to put pressure on Gold & Silver, regardless of any positive news out of China's lockdowns waning.

Keep an eye on June, July & August Inflation numbers. That is what the Fed & Jerome Powell will be paying attention to!

What should you look for in the $QQQ vs $XLP ratio?

Sign up for a 14-day, no-obligation free trial of our proprietary research with actionable ideas!
Free Trial Subscribe to our YouTube Channel
Email [email protected] or call 312-278-0500 with any questions -- our trade desk is here to help with anything on the board!

Futures trading involves a substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

Like this post? Share it below:

Back to Insights