---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000542811.md"
description: "Day 11 - My Investment DiaryOperations: waiting for the US market openingInsights: the current position of $Invesco QQQ Trust(QQQ.US) price is a bearish technical development that warrants caution, but history shows $Invesco QQQ Trust(QQQ.US) has repeatedly recovered from such breaches thanks to its growth-oriented composition. Key levels to watch next include a potential retest of the 200-day Simple Moving Average (SMA) from below or further downside support zones.Notable Historical Episodes2022 bear market: $Invesco QQQ Trust(QQQ.US) spent an extended stretch below its 200-day SMA amid rising rates and recession fears, ultimately declining ~33% peak-to-trough for the year. The SMA itself flattened and then declined before the eventual recovery.2020 COVID crash and other corrections (2018, 2019, 2025 pullback): Brief breaches occurred, but the ETF quickly reclaimed the level and resumed its uptrend as tech growth resumed.Long-term trajectory of the SMA itself: It has risen steadily from the 150–200 area in 2016 to the current price, mirroring its compound growth. In strong bull markets (e.g., post-2020 and 2023–2025), the price has often stayed well above a steadily rising 200-day SMA for years at a time.@Bridge Buzz SG"
datetime: "2026-03-23T03:34:32.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000542811.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000542811.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000542811.md)
author: "[Marina Bay](https://longbridge.com/en/profiles/26381638.md)"
generator: "portal-rs"
---

# Day 11 - My Investment DiaryOperations: waiting fo…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**