Has this drop bottomed out? Can we buy the dip?
I don’t think it has hit the bottom yet.
VIX is 16. Fear & Greed is 24. The S&P is only down 4%.
This isn’t a bottom—it’s halftime.
The real panic hasn’t arrived yet.
Whenever there’s a plunge with VIX below 25, it has never been the bottom. It’s just an appetizer.
So what are the bears waiting for?
They’re waiting for $SPCX to unlock.
On August 6, SPCX unlocks 900 million shares.
Unlocking another 28% in September.
Fully unlocked in December.
The supply tsunami hasn’t reached shore yet.
Buying the dip now is like standing on a retreating tide beach waiting for the next wave to crash.
Is shorting now too late?
It’s not too late—short immediately with contract shorting QQQ. Don’t buy anything like SQQQ (the 3x inverse ETF of QQQ).
Enter in batches: small position becomes medium, medium becomes large—don’t all-in.
Start with 1000U!
Test trade at 710 with 100U ×3.
If it breaks 690, add 200U ×4.
If it breaks 675, add 200U ×5.
At 675, add 200U ×5.
If 710 gets pushed back, add 200U ×5.
$730 with 300U ×5 to fill it out.
Average entry 705, leverage 4.6x.
Liquidation prices: 944/863/810/852/876. Stop-loss at 750.
705 → 600 is a drop of 14.9%. With 4.6x leverage that’s 68.7%. 1000U → 1687U.
Funding rate +0.0036% per 8 hours. The bears are just taking free annualized 4%.
Don’t chase the short. Don’t hold onto the position. If you don’t set stop-losses, you can’t short.
#SPX #QQQ #ShortSqueeze $QQQ