--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/39593551.md" description: "$Invesco QQQ Trust(QQQ.US) Happy weekend, SNDK successfully closed in the green, showing relative strength.SPX closed at 6368, the next support level is 6200.Woke up to find NVDA dropped to 167 after hours. So my lack of optimism about the previous post's 167.55 was right.My understanding of the stock market is: go with the trend, go heavy in high-certainty areas, only enter on trend days, don't trade on oscillation days, and don't act if there's no good buy/short point.Next week's prediction: There will be a slightly larger rebound in the second half of Monday or on Tuesday, probably enough to cover today's bearish candlestick and fill the gap at 6473.Reasons are as follows:1) The market has consecutively broken through the four key support levels of 6500-6460-6400-6360 (still falling after hours), the downward momentum is weakening, it's clear this isn't a crash but a slow, grinding decline.2) The CNN Fear & Greed Index has currently dropped to 10, still lower than (but close to) the October 2025 market crash low of 5, and the April 7th, 2025 low of 3, indicating the bottom hasn't been reached yet. Among several sub-indicators, except for Put/call options not reaching extreme fear, others have reached extreme fear.3) The bottom of each bear market is roughly the top of the previous bull market. Through calculation, the upper limit is 6203.7 (distance from last year's bull market top), and the lower limit is 4862 (the top of the bull market before last). So looking at it this way, even if there's a significant rebound on Tuesday or Wednesday, it's hard to escape eventually going to 6200.4) VIX has already reached above 30, officially entering a bear market.5) The market's RSI is severely oversold at 21.13, so rebound potential exists.6) Weekly and daily charts have formed a dense pattern of consecutive declines. The weekly chart won't stop falling immediately, but the daily chart might fill the gap before falling again.7) The market's net buying volume is extremely low. Retail investors are basically trapped, or doing a small amount of bottom-fishing.My operation: Stay flat over the weekend.Scenario 1: If the night market rises on Monday (e.g., due to weekend positive news, low possibility), observe the rebound strength before deciding on long/short strategy.Scenario 2: If the night market crashes on Monday (e.g., due to escalating war), with a limit drop to pre-market (usually 3 AM night market, or 5 AM pre-market) hitting a low point, quant will trigger a big rebound after that point. Start buying long positions, including some of SPY+M7.SNDK scenario: Next week, based on the upper edge support of the gap at 599, there will be further testing. If it holds, it will go to 630-650 or higher, surpassing the top of the large bearish candlestick from the day before yesterday at 659.6. If it breaks, it will fall to half the height of the March 9th rebound bullish candlestick (approx. 550-565), forming support before rising again.Leaning optimistic.However, no matter how much SNDK rises, there will still be huge pressure at 780-830. I will go long appropriately, but focus on shorting after it rallies. Last time at 780, when I was bearish and advised exiting, it was the same strategy.Earlier, I saw several bulls in the community constantly spamming when the drop started at 780. Worried about misleading everyone, I posted to advise exiting.The logic of a bear market should be short-term long, long-term short, not advisable to stubbornly hold..NVDA is also at a good price, didn't consider above 170, now entering the strike zone of 150-167.Happy weekend, not much profit this week, fight again next week.$Sandisk(SNDK.US)$NVIDIA(NVDA.US)" datetime: "2026-03-27T22:47:48.000Z" locales: - [en](https://longbridge.com/en/topics/39593551.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39593551.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39593551.md) author: "[钢铁纪律](https://longbridge.com/en/profiles/13301109.md)" --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/39593551.md) | [繁體中文](https://longbridge.com/zh-HK/topics/39593551.md) # $Invesco QQQ Trust(QQQ.US) Happy weekend, SNDK suc… ### Related Stocks - [NVIDIA Corporation (NVDA.US)](https://longbridge.com/en/quote/NVDA.US.md) - [SPX Technologies (SPXC.US)](https://longbridge.com/en/quote/SPXC.US.md) - [SPDR® S&P 500® ETF (SPY.US)](https://longbridge.com/en/quote/SPY.US.md) - [Sandisk Corporation (SNDK.US)](https://longbridge.com/en/quote/SNDK.US.md) - [Invesco QQQ Trust (QQQ.US)](https://longbridge.com/en/quote/QQQ.US.md) ## Comments (9) - **KAISHENGHK · 2026-03-28T08:12:31.000Z**: Plummeted - **Belial213 · 2026-03-28T01:12:32.000Z**: When the market enters a bear market, do you only watch the VIX? - **钢铁纪律** (2026-03-28T01:28:50.000Z): It's already fallen this much, and you still call it a bull market? - **Belial213** (2026-03-28T03:59:32.000Z): Then let's wait and see. - **袋鼠哥哥 · 2026-03-28T00:31:35.000Z**: Why does Script Two think the quantitative trading bot will pump the price? Is there any evidence or source? - **钢铁纪律** (2026-03-28T00:38:48.000Z): No, it's also a kind of plot deduction and speculation. - **袋鼠哥哥** (2026-03-28T00:40:06.000Z): okk，确实不一定的 - **钢铁纪律** (2026-03-28T00:41:29.000Z): That's exactly how I quantified and deduced the market this Monday: I bought at the lowest point before the market opened, sold when it was pumped up, and I always set stop-loss for every trade. For e