QQQBearpending
Meet KevinTarget Price
$685
“I'm worried we're going to not only test 715 on the cues, but we're probably going down to 685 by next week, mid next week.”
Thesis at the time
MixedKevin expects short-term weakness in the Nasdaq-100, calling for a pullback to 685 after resistance around 715-735 was hit, framing this as a buy-the-dip setup ahead of Jackson Hole. He remains longer-term bullish into year-end despite the near-term caution.
Key arguments
- 'We hit our 715 target on the upside... this is a top. We're probably going back to 685'
- 'I'm actually bullish towards the end of the year... between now and Jackson Hole, we're probably going to have a buy the dip opportunity'
Hedges and caveats (from the video)
- Acknowledges market interventions can be necessary during genuine crises
- Recognizes some argue against intervention even in extreme cases
- Notes this is analysis of past intervention patterns, not guaranteed future outcomes
- References historical precedent of yen interventions being reversed
The call
- Date said
- Aug 20, 2026
- Timeframe
- by next week, mid next week
- Current price (live)
- $747.46$62.46 above target
- Confidence
- medium
- Specificity
- specific
How it resolved
- Status
- pending
Confidence Reasoning
Specific price target given, but hedged with 'probably' and framed as a probability rather than certainty.
Source
The U.S. Market Bailout JUST Failed.
Said on Aug 20, 2026Open on YouTube ↗