December 19, 2025

By Nigam Arora

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

Impact On Carry Trade

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

Note the following:

• The chart shows tech stocks are back to the top band of zone 1 (resistance).
• The chart shows QQQ did not dip to the lower half of zone one before bouncing.  This is a positive.
• After today, liquidity will dramatically drop.  Expect momo gurus to take advantage of lower liquidity to push their followers to aggressively buy tech stocks.  Expect momo gurus to try their best to push QQQ to a new high.