Unpopular opinion: if the market was gonna ‘crash’ it would have by now. Being down 50-60 pts from ATH’s in THIS environment, given EVERYTHING that’s happened this year already, doesn’t look like the plunge protection team is gonna allow it. Is some more controlled rotational

Encouraging overnight action out of the weekend on $SPY +4 pts. Exactly to the level where there was ~7B$ traded in dark pool orders last week before we fell to recent lows. If 675 is reclaimed this week, bulls could be back in control. This 666 level (go figure) is where big

$SPY $SPX thoughts; still no clear indication of direction bias after today. 666-668 level is ping ponging and getting tighter on the 15m + 1H TF. Looking for bulls to push above 669 for longs to get more comfortable. Good open and wick action on the weekly candle, not as pretty

$CELH $JPM

Go find a bull and give them a hug $SPY

Just to illustrate the asymmetry of this sell off; I read a post earlier about a company that has over $40B in contracts awarded in just the last few months, and the current SP of the company puts their valuation at $20B …. The math isn’t mathing. Bring back the bulls. Enough.

$TMC solid

$SOUN

Futures are up 163 pts overnight. We’ve erased 4.5 weeks of aggressive downward action in 4.5 hours. Welcome to Trump’s market. Again. Looks a lot like last March and April IIRC 👀 Wow. 😂 Emergency cuts after Warsh takes over in May = another summer melt-up for mid terms.

How is $FJET not 10 on moat alone?

Guys, it’s literally a repeat of last year. Week ending 4/7 was the first big green week. Gobbled up a lot of red. Following week closed red, purely technical in hindsight but iirc there was some reneging on tariff stuff that market got spooked over (sound familiar RE

Will #oil be priced in $BTC?

$SPY forming the classic middle finger pattern on the weekly 😂😂 These technicals have been super disrespectful lately man

Ok class, what did this most recent draw down teach us? 1) Always take profit at ATH BECAUSE 2) CASH is a reallllly valuable position AND 3) Money won’t always work for you. Sometimes it gets tired.. or someone decided to start blowing things up 😂

Fade it for now where you can $SPY