Welcome back, Bulls on Wall Street family. It’s official—the bear market of 2025 has arrived, and it came with a bang. After-hours news of Trump’s aggressive tariffs sent global markets into a frenzy, and now we're staring down the barrel of serious technical damage.
What Happened After Hours:
Trump announced substantial tariffs impacting imports from India, South Korea, Taiwan, Vietnam, and several other major economies. The immediate response? A brutal sell-off, breaking critical support levels on every major index.
Market Breakdown – Key Levels:
- QQQ: Shattered key support, plunging into bearish territory.
- IWM: Confirmed major bear flag breakdown, indicating further downside ahead.
- Semiconductors (NVDA, MU, TSM): All experiencing severe technical breakdowns—highlighting the sectors most vulnerable to these tariffs.
Tomorrow's Game Plan:
We’re likely facing a major gap-down open, making it crucial to remain patient at market open. Don't rush to short into extreme lows, but equally, don't attempt to catch falling knives. The goal tomorrow is precision scalping—wait for ranges to develop, then strike strategically.
Stocks on My Radar for Shorting Opportunities:
- Nvidia (NVDA) – Significant breakdown; room for continued downside.
- Taiwan Semiconductor (TSM) – Approaching critical 160 support; major technical level.
- Micron (MU) – Clear breakdown setup after-hours; heavy pressure expected.
- Dell (DELL) – Ready to break major support; solid short setup forming.
Strategy & Risk Management:
Markets like this can crush unprepared traders. Reduce your size to handle increased volatility, trade highly liquid names, and avoid chasing extremes.
Volatility equals opportunity—but only if you keep your discipline and trade smart.
Bottom Line:
This isn't the time to be a hero. Let the market show its hand first. Once we have clear intraday patterns and levels established, opportunities will present themselves.
For traders who need guidance during these volatile times, our 60-Day Trading Bootcamp is designed to give you clarity, confidence, and a winning game plan.
👉 Join the next live class here: Bulls on Wall Street 60-Day Bootcamp
Trade safely,
Kunal Desai
Bulls on Wall Street
