Warning Signs for $QQQ, $ADBE Bottom Unconfirmed, $PLTR Rally Looks Like a Trap
Warning signals are emerging across several major tech names.
$QQQ is showing macro-timeframe strength deterioration that historically precedes a 5–12% correction, $ADBE is seeing early buying but still lacks a confirmed long-term bottom, and $PLTR’s latest rally is raising concerns of a potential bull trap rather than a sustainable breakout.
1. $Invesco QQQ(QQQ)$
Price compression + a red Monthly BX is not strength.
It means strength is being removed on the macro timeframe.
Our long term model removed its bullish outlook last month.
I hope I’m wrong.
But historically this setup leads to a 5% to 12% correction 82% of the time.
2. $Adobe(ADBE)$
I’ve been stalking an $ADBE bottom for a year.
We’re seeing short‑term buying, but still no confirmed bottom in my system.
I’ll stay patient and wait for a proper THT Long Term Signal before I rotate serious capital in.
3. $Palantir Technologies Inc.(PLTR)$
I hope I’m wrong here, but this $PLTR move smells like a trap from a mile away.
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