Nasdaq Weakness Continues: $580 Now the Line in the Sand-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Nasdaq Weakness Continues: $580 Now the Line in the Sand

PeterDiCarlo
07:16

$Invesco QQQ(QQQ)$

Sadly, our expectations have been playing out. Since the THT Long Term model removed its bullish outlook last month, Nasdaq has continued to sell off.

We are now approaching the final liquidity zone around $580. With the Monthly BX printing dark red, the odds of another 5% to 10% correction are the highest they have been in over a year.

My short term expectation is a bounce this week, followed by another likely rejection in the $600 to $610 area.

There is a major volume gap between $580 and $520. If this liquidity level is swept or breaks, I would expect a sharp sell off over the next few weeks or months as price moves through that gap.

That said, we do not short. We stay focused on trading our system and rotating into sectors and stocks that continue to meet our criteria.

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Zasper
·52 minutes ago
sure
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Zasper
·54 minutes ago
okay
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{"i18n":{"language":"en_US"},"data":{"magic":2,"id":545577632121048,"tweetId":"545577632121048","gmtCreate":1774221363862,"gmtModify":1774230435823,"author":{"id":10000000000010930,"idStr":"10000000000010930","authorId":10000000000010930,"authorIdStr":"10000000000010930","name":"PeterDiCarlo","avatar":"https://community-static.tradeup.com/news/bb599e4babeb3dd0404822dbba7b48bb","vip":8,"userType":8,"introduction":"Quant Trader","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":1338,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/de4a28c1f7ab812996b1b003ec3978dd","width":"1024","height":"551"},{"img":"https://community-static.tradeup.com/news/62e040c4d73c741662d709873cd4f330"},{"img":"https://community-static.tradeup.com/news/0c1f52f0ec3a2f13f04e1a6a1b8cfcc6"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/de4a28c1f7ab812996b1b003ec3978dd","width":"1024","height":"551"},{"img":"https://community-static.tradeup.com/news/62e040c4d73c741662d709873cd4f330"},{"img":"https://community-static.tradeup.com/news/0c1f52f0ec3a2f13f04e1a6a1b8cfcc6"}],"title":"Nasdaq Weakness Continues: $580 Now the Line in the Sand","html":"<html><head></head><body><p><a data-mention-id=\"QQQ\" class=\"teditor-mention\" data-mention-name=\"Invesco QQQ\" href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a></p>\n<p>Sadly, our expectations have been playing out. Since the THT Long Term model removed its bullish outlook last month, Nasdaq has continued to sell off.</p>\n<p>We are now approaching the final liquidity zone around $580. With the Monthly BX printing dark red, the odds of another 5% to 10% correction are the highest they have been in over a year.</p>\n<p>My short term expectation is a bounce this week, followed by another likely rejection in the $600 to $610 area.</p>\n<p>There is a major volume gap between $580 and $520. If this liquidity level is swept or breaks, I would expect a sharp sell off over the next few weeks or months as price moves through that gap.</p>\n<p>That said, we do not short. We stay focused on trading our system and rotating into sectors and stocks that continue to meet our criteria.</p>\n<p class=\"t-img-caption\"><img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/de4a28c1f7ab812996b1b003ec3978dd\" tg-width=\"1024\" tg-height=\"551\"><span> </span></p>\n<hr>\n<h2 id=\"id_3726167488\" style=\"text-align: start;\"><span class=\"color-mark\" style=\"color: rgb(230, 126, 35);\">For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.</span></h2>\n<p style=\"text-align: start;\"><a href=\"https://ttm.financial/post/507537437684112\" title=\"🎉Cash Boost Account Now Supports 35,000+ Stocks &amp; ETFs – Greater Flexibility Now\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">🎉Cash Boost Account Now Supports 35,000+ Stocks &amp; ETFs – Greater Flexibility Now</a></p>\n<h2 id=\"id_2434358027\" style=\"text-align: start;\"><span class=\"color-mark\" style=\"color: rgb(230, 126, 35);\">Find out more here.</span></h2>\n<blockquote>\n <p>Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get <strong>SGD 688 stock vouchers</strong>*! The trade can be executed using any payment type available under the Cash Boost Account:<strong> Cash, CPF, SRS, or CDP.</strong></p>\n <p><a href=\"https://ttm.financial/link?target=https%3A%2F%2Fsg.tigermarketw.com%2Factivity2%2Fmarket%2F2025%2Fcontra-invitation%3Flang%3Den_US%26useAnimation%3Dtrue\" title=\"Click to access the activity\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">Click to access the activity</a></p>\n <p><img src=\"https://community-static.tradeup.com/news/62e040c4d73c741662d709873cd4f330\"></p>\n</blockquote>\n<p style=\"text-align: start;\"><strong>Other helpful links:</strong></p>\n<ul style=\"\">\n <li>\n  <p><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p></li>\n <li>\n  <p><a href=\"https://www.itiger.com/sg/help/detail/06324754?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to open a CBA.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">How to open a CBA.</a> <a href=\"https://www.itiger.com/sg/help/detail/how-to-link-CDP?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to link your CDP account.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">How to link your CDP account.</a> <a href=\"https://www.itiger.com/sg/help/detail/contra-faq?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"Other FAQs on CBA.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">Other FAQs on CBA.</a> <a href=\"https://www.itiger.com/sg/invest/cash-boost\" title=\"Cash Boost Account Website.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">Cash Boost Account Website.</a></p></li>\n</ul>\n<p style=\"text-align: start;\"></p>\n<p><img src=\"https://community-static.tradeup.com/news/0c1f52f0ec3a2f13f04e1a6a1b8cfcc6\"></p></body></html>","htmlText":"<html><head></head><body><p><a data-mention-id=\"QQQ\" class=\"teditor-mention\" data-mention-name=\"Invesco QQQ\" href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a></p>\n<p>Sadly, our expectations have been playing out. Since the THT Long Term model removed its bullish outlook last month, Nasdaq has continued to sell off.</p>\n<p>We are now approaching the final liquidity zone around $580. With the Monthly BX printing dark red, the odds of another 5% to 10% correction are the highest they have been in over a year.</p>\n<p>My short term expectation is a bounce this week, followed by another likely rejection in the $600 to $610 area.</p>\n<p>There is a major volume gap between $580 and $520. If this liquidity level is swept or breaks, I would expect a sharp sell off over the next few weeks or months as price moves through that gap.</p>\n<p>That said, we do not short. We stay focused on trading our system and rotating into sectors and stocks that continue to meet our criteria.</p>\n<p class=\"t-img-caption\"><img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/de4a28c1f7ab812996b1b003ec3978dd\" tg-width=\"1024\" tg-height=\"551\"><span> </span></p>\n<hr>\n<h2 id=\"id_3726167488\" style=\"text-align: start;\"><span class=\"color-mark\" style=\"color: rgb(230, 126, 35);\">For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.</span></h2>\n<p style=\"text-align: start;\"><a href=\"https://ttm.financial/post/507537437684112\" title=\"🎉Cash Boost Account Now Supports 35,000+ Stocks &amp; ETFs – Greater Flexibility Now\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">🎉Cash Boost Account Now Supports 35,000+ Stocks &amp; ETFs – Greater Flexibility Now</a></p>\n<h2 id=\"id_2434358027\" style=\"text-align: start;\"><span class=\"color-mark\" style=\"color: rgb(230, 126, 35);\">Find out more here.</span></h2>\n<blockquote>\n <p>Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get <strong>SGD 688 stock vouchers</strong>*! The trade can be executed using any payment type available under the Cash Boost Account:<strong> Cash, CPF, SRS, or CDP.</strong></p>\n <p><a href=\"https://ttm.financial/link?target=https%3A%2F%2Fsg.tigermarketw.com%2Factivity2%2Fmarket%2F2025%2Fcontra-invitation%3Flang%3Den_US%26useAnimation%3Dtrue\" title=\"Click to access the activity\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">Click to access the activity</a></p>\n <p><img src=\"https://community-static.tradeup.com/news/62e040c4d73c741662d709873cd4f330\"></p>\n</blockquote>\n<p style=\"text-align: start;\"><strong>Other helpful links:</strong></p>\n<ul style=\"\">\n <li>\n  <p><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p></li>\n <li>\n  <p><a href=\"https://www.itiger.com/sg/help/detail/06324754?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to open a CBA.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">How to open a CBA.</a> <a href=\"https://www.itiger.com/sg/help/detail/how-to-link-CDP?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to link your CDP account.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">How to link your CDP account.</a> <a href=\"https://www.itiger.com/sg/help/detail/contra-faq?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"Other FAQs on CBA.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">Other FAQs on CBA.</a> <a href=\"https://www.itiger.com/sg/invest/cash-boost\" title=\"Cash Boost Account Website.\" target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\">Cash Boost Account Website.</a></p></li>\n</ul>\n<p style=\"text-align: start;\"></p>\n<p><img src=\"https://community-static.tradeup.com/news/0c1f52f0ec3a2f13f04e1a6a1b8cfcc6\"></p></body></html>","text":"$Invesco QQQ(QQQ)$ Sadly, our expectations have been playing out. Since the THT Long Term model removed its bullish outlook last month, Nasdaq has continued to sell off. We are now approaching the final liquidity zone around $580. With the Monthly BX printing dark red, the odds of another 5% to 10% correction are the highest they have been in over a year. My short term expectation is a bounce this week, followed by another likely rejection in the $600 to $610 area. There is a major volume gap between $580 and $520. If this liquidity level is swept or breaks, I would expect a sharp sell off over the next few weeks or months as price moves through that gap. That said, we do not short. We stay focused on trading our system and rotating into sectors and stocks that continue to meet our criteria. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs. 🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now Find out more here. Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP. Click to access the activity Other helpful links: 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","highlighted":1,"essential":1,"paper":2,"likeSize":528,"commentSize":2,"repostSize":27,"favoriteSize":0,"link":"https://ttm.financial/post/545577632121048","repostId":0,"isVote":1,"tweetType":1,"viewCount":754,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["QQQ"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":1238,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":545656871473888,"commentId":"545656871473888","gmtCreate":1774228053871,"gmtModify":1774228059258,"authorId":3575188860884045,"author":{"id":3575188860884045,"idStr":"3575188860884045","authorId":3575188860884045,"name":"Zasper","avatar":"https://static.tigerbbs.com/647533310e84099eea8515d90e6e2f94","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":545577632121048,"objectIdStr":"545577632121048","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<u>sure</u>","text":"<u>sure</u>","html":"<u>sure</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0},{"id":545656106439880,"commentId":"545656106439880","gmtCreate":1774227944764,"gmtModify":1774227952000,"authorId":3575188860884045,"author":{"id":3575188860884045,"idStr":"3575188860884045","authorId":3575188860884045,"name":"Zasper","avatar":"https://static.tigerbbs.com/647533310e84099eea8515d90e6e2f94","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":545577632121048,"objectIdStr":"545577632121048","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<u>okay</u>","text":"<u>okay</u>","html":"<u>okay</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0}],"hasMoreComment":true,"orderType":2}