Daily Hot Stocks - AMZN, NVDA & QQQ
AMZN just dropped another 3.5%, and the BX Trender just closed with lower lows—which means one thing: buyers are leaving, sellers are stepping in.
But here’s where things get interesting…
📍 Price is sitting in the Smart Money Zone.
📉 Fibs are lining up at $206 - $205.
⚠️ A bounce is possible—but we NEED the BX to make higher lows.
If that happens, we’re looking at a move back to $220. If not… things could get worse.
I warned everyone about NVDA… and people were pissed.
On November 19, 2024, I said the last two times this happened to NVDA, it dumped 20%. I said, "Don’t shoot the messenger—I hope I’m wrong."
That video got 108,000 views, and the comments were filled with people saying I was crazy.
Now? Nvidia is down 20.9%.
QQQ is down 2%—we are officially at make-or-break for the market.
Markets only move in two structures:
✅ Bullish: Higher highs, higher lows (like 2020-2021).
❌ Bearish: Lower highs, lower lows (like 2022).
Right now, QQQ is still bullish, but we NEED to hold $490—if that level breaks, we could see a multi-year sell-off.
🔍 What needs to happen next?
Today’s BX failed to make higher lows—which means there’s no clear signal that buyers are stepping in yet.
But if QQQ holds $500 and flips the BX tomorrow, that could be our confirmation for a bounce back to $520+.
⏳ No need to rush—waiting for confirmation is key.
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