November 21, 2025

STELLAR NVIDIA EARNINGS NO MATCH FOR CRYPTO MARGIN CALLS AND RISING YIELDS IN JAPAN HURTING THE CARRY TRADE

By Nigam Arora

To gain an edge, this is what you need to know today.

Market Cross Currents

Please click here for a chart of Nasdaq 100 ETF (QQQ).

Note the following:

  • The chart shows an outside day in QQQ yesterday.  An outside day occurs when the high of the day is higher than the prior day’s high and the low of the day is lower than the prior day’s low.  An outside day is a reversal pattern.
  • The chart shows QQQ fell below the low band of zone 1.  Zone 1 was previously a support zone and is now a resistance zone.
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