$MSFT $NVDA $NFLX $QQQ signal caution with potential traps and corrections

PeterDiCarlo
03-02 14:22

This week’s scan shows $MSFT nearing historical support, $NVDA and $QQQ flashing bearish monthly setups, and $NFLX’s recent rally may be a bull trap.

1. $Microsoft(MSFT)$

MSFT is coming into major support.

The monthly bias has been a strong long-term buy zone for this stock historically.

But I’m not buying yet. Monthly BX is still red, so I wait for the system to confirm before going long. ✅

2. $NVIDIA(NVDA)$

I’m selling all my $NVDA Monday 🔻

Monthly BX just flipped dark red after months of chop.

Historically this setup often leads to 20–30% corrections or months of dead money.

3. $Netflix(NFLX)$

After getting crushed for months, $NFLX just ripped ~30% in a week… and I still think it might be a trap.

Monthly BX is still dark red, which is when we usually see bull traps.

4. $Invesco QQQ(QQQ)$

One of my biggest bear signals just fired on $QQQ 🚨

When this hits, $QQQ drops 10–15% or chops for ~90 days about 80% of the time.

Monthly BX just closed dark red and I’m exiting my bullish thesis.

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