Bluekurtic Market Insights(@Bluekurtic):The trend for the Nasdaq 100 $QQQ still remains bearish. Today's sharp selloff on massive volume is a welcome sign. Speculative leverage is being flushed out of the market. This is encouraging for the bottoming process, but we remain risk-off for now.

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Bluekurtic Market Insights@Bluekurtic

2026.11.06 00:31

The trend for the Nasdaq 100 $QQQ still remains bearish. Today's sharp selloff on massive volume is a welcome sign. Speculative leverage is being flushed out of the market. This is encouraging for the bottoming process, but we remain risk-off for now.