Wittier

Wittier

QQQ is likely to drop to 310 zone and have a big bounce to 350. Traders should avoid catching the knife by entering buy size too early. Sit patiently and wait for the fall and when the day comes that it closes near 310 and it is solid red candle stick, buy.

Wittier

QQQ is down roughtly 0.4% after microsoft is down nearly 4.5%. VIX is consistently dropping. MSFT is now at its trend line level and is going to 380. Just think what qqq will do if MSFT rise 8-10% more ;) QQQ is going to fly tomorrow! Jump open and ends the day at least 1.8-2.5% up

Wittier

Do I even need to speak of this;) Many people think that SPY is at its resistance and hoping for a pull back. But the trend is overwhelmingly strong. I predict not only it will reach its all time high but exceed it by at least 3-4 percent.

Wittier

BABA is keeping its stance pretty well, which it rarely does. I predict it will reach 120 in less than 30 days. Tomorrow, maybe we will see a two digits gain. The 120 call is 0.5 dollars. It is going to 10-X at least..

Wittier

I believe SPY will drop to 431 over the next two weeks. Then long from there!

Wittier

UPST has rallied up nearly 100% from its last correction. Since, NASDAQ is experiencing a correction and these two display a positive correlation, I predict that UPST will go through a correction roughly 25% -35% ish.

Wittier

This idea is based on BTC will slumps to 25k to regroup strength. BTC is in dare needs of some serious short interest to fuel the next bull rally.

Wittier

BTC lacks strength at current level. It needs to regroup at 25k. Psychologically, it needs to gather lots of short interest now to push the price down to 25k ish. All these short interests it gathered will become the fuel for when BTC needed to break through 32k ish resistance. Let's watch and see if I'm right.

Wittier

Nasdaq has fallen to its parallel channel support line. Either it finds support on the daily or falls more to find support on the weekly chart. if its the later, i would recommend hammer it.

Wittier

Market is overvalued now but it is still very resilient one. However, I am predicting that a downtrend will bring most stocks to close-to-normal valuation. Then economy will keep on booming.