Forwarded message: Qqq is at a low point today, around 449-450. Happy trading, everyone.
It should not break through here.
Cpi on Wednesday, PPi on Thursday. The stock market should fluctuate in the range of 5350-5560 according to my system. The biggest risk now is stagflation. Economic recession, but inflation cannot come down. If these conditions really occur, the Fed will be unable to cope. Stocks could see 4900. However, because the election is approaching, tomorrow and the day after tomorrow's data should be manipulated to prevent the stock market from falling too much. So 5350 should be the low in September.
If Tsla does not fall below the 213 mark in the next few days, the trend will start to turn bullish, targeting 243 to fill the gap. If it falls below 213-215, the trend will turn bearish, targeting below 200.
Small stocks are quite risky now. Both upst and afrm have dropped significantly. If stagflation arrives, the stock market falls by 20 percent, these stocks will fall by 60 percent. It's not advisable to be fully invested in small stocks. To make money, one has to run. In the past two weeks, I recommend pfe and vz, both of which are doing well. Even when the stock market plummeted, they still rose, continuing to generate a 6 percent return. The stock market has already shown signs of a decline in the morning. I mentioned qqq this morning at the 450 mark – everyone can see my strength. The progress has already begun. I am very happy to see our discord group grow from over 2,000 people to 9,050 and still going.