This Is Only Fifth Time QQQs Gapped Down When Within 2% Of An All Time High
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Source: Zero Hedge
Published: 2026-06-24 02:10 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Economy & Finance, Financial Markets, Business & Economy
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Snippet:
In a day of sharp, downward pointing market moves and superlatives, we can add another: according to calculations from BTIG's Jonathan Krinsky, today's 2% gap down in the QQQs is a historic event. "Since QQQ's inception ('99), this is just the 5th time that's happened when the day prior was within 2% of a 52wk high and the VIX was below 20."
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