$QQQ , I believe we bottom out Monday or Tuesday. The volume indicates this was a liquidation move. I like $PLTR at $128. $NOW (right now). $AMZN.
Which unleashes our blow off top move. Be cautious around all time highs. (These set ups are crash a bit)
My heart is telling me this is the most perfect time to buy. Today and early Monday morning (bc the sell isn’t over). Most big names are coming into support.
But twitter is too “buy the dip”… has me suspicious and worried. $QQQ $SPY.
My opinion on the $QQQ.
If you are a bull:
Have stop losses. Get aggressive to the upside. Tight stops. Macro there is NO real support for 100s of points. So if this does sell off it might be aggressive as well
If you a bear:
The melt up has not started yet…
Example. You go long and stop loss under the previous day low. We have not swiped the previous day low in 10 trading sessions… $QQQ
The strategy for the past month. Long. Stop losses under the previous day low. I have yet to be stopped out for 2 weeks
My opinion on the $QQQ.
If you are a bull:
Have stop losses. Get aggressive to the upside. Tight stops. Macro there is NO real support for 100s of points. So if this does sell off it might be aggressive as well
If you a bear:
The melt up has not started yet…
My opinion on the $QQQ.
If you are a bull:
Have stop losses. Get aggressive to the upside. Tight stops. Macro there is NO real support for 100s of points. So if this does sell off it might be aggressive as well
If you a bear:
The melt up has not started yet…
$SPX wave -3 third of third impulsive rally doesn’t need a pullback or correction, the rally feeds on fomo, majority still cautious jumping in to this band wagon , is why you see many bearish post reasserting themselves dont fomo, but this will be proven wrong when market is rallying “with or without you” what is going to happen
market will pause for 2 days or down -0.3% to -0.5% then third day Gap up or rally 0.8% to 1.1%, you will forever be chasing the market (rinse & repeat)until we get to 8440
Me too is waiting to double up my position on a correction, is why the correction you and I are hoping to see is not happening until it achieves 8440, on short squeeze As market trigger stop loss above 8000 psychological resistance, if you don’t want to buy at the top, you gotta start some where before it touches 8440, once we get there market will get excited and ever will get hype up and bullish. Target 9000 , 10000, 11000, 12000
My strategy is very simple
1) 2026 buy the dip
2) 2027 sell the rally
So don’t be surprised in 2027, I will be screaming meltdown All day everyday
#bookmark
Many traders (well gamblers now), are unaware of the 1999 melt your face off move. $QQQ could 50%+ from here.
But Bollinger bands this.
But but RSI over 90 that
But but but Look at the big gaps.
Just be prepared for $QQQ to surpass the price of $SPY and ramp to $1000….
In a world:…
$QQQ flips $SPY around $800. There’s a generational rotation of money from index’s to $QQQ. $QQQ is sent to $1000… only then you get the technology bubble burst.
@blknoiz06 People gonna be shocked when bitcoin drops 70% then rips to $250k in their face, everyone will act shocked
(Like that hasn’t happened 4 times already in its life cycle)
You know what keeps me up at night?
2032. Social security is cut by 33%. With the birth rate collapsing in on itself paired with AI taking jobs, we will have no one paying into the system. Which means there will be no money.
You and I are cooked unless you invest NOW.
I bought $NVDA calls yesterday ($220 end of June) and I’m already pissed in this pile of shit ticker. I hope it goes to $0 actually. $208-$210 is your line in the sand level.
BREAKING: The US Military has conducted new strikes against Iran after Iran launched drones at ships in the Strait of Hormuz, per WSJ.
Details include:
1. US forces shot down Iranian drones and hit a drone-control station at a major port city in southern Iran located on the Strait of Hormuz
2. US officials say the site posed a threat to US forces and commercial traffic in the Strait of Hormuz
3. US F/A-18 jets were used to strike the ground-control unit at the port city in Iran
The strikes come amid crucial US-Iran negotiations.