#Bitcoin seems bullish, as it keeps testing highs and grinding up. But IMO this is not fully bullish action. That blue trendline is still a magnet and #BTC keeps getting pulled back to it. Technicals are negatively diverging and getting weaker on each rally. #cryptocurrency

FOMO is dangerous in any market, but especially #crypto. Even as #Bitcoin was grinding out new highs recently, it didn't feel bullish and technicals looked heavy. No reason to chase. #BTC is now back below my blue trendline (again) and making a first lower low. Bearish again.

#Bitcoin stays bearish. In fact, its failure to really bounce as other markets did last few days makes the picture uglier. On the one hand, #BTC is pretty oversold at this point. But it moves with such momentum, it can overshoot support levels and break below $50,000. #crypto

I've been leaning bearish $SPX for months, and have been early. But we're once again seeing the best short set-up we have in awhile, with a true bearish configuration. Supports (red lines) broke last week and technicals are negative. Could be a wild few weeks. $ES_F #ES_F $SPY

#Bitcoin right back to the bottom of the trading range. Not a good sign that it couldn't lift off after bouncing off $30K yet again. Technical signs like MACD and all the moving averages are back to pointing down. This is going to take time. #BTCUSD #Cryptocurency #cryptotwitter

September's weakness opens the door for a volatile end of the year. I've been leaning bearish (and wrong) for awhile, but I think there's more selling coming. Before that though, 3-4 weeks of red weekly MACD usually leads to a week or two of bounce (grey lines in this chart).

Bear markets are tricky. Especially at the beginning when even bears get nervous at every rally. Usually prices will run through big levels to shake out weak hands. $SPY spiked to the downtrend earlier. This would be a good spot to reverse down. $ES_F #ES_F $SPX $QQQ #trading

I started seeing murmurs on Twitter yesterday that a bottom was in. But as I've been saying for months, in bear markets, surprises are to the downside. $SPX was smacked down at the resistance zone. And the put position I added yesterday is +170%. $ES_F #ES_F #trading $SPY $TSLA

Been awhile since I’ve posted regularly, but maybe I’ll start up again for fun. Market is finally getting interesting again. Prices are sitting at support, but momentum and technicals point down. Today was bearish action. Feels like Nov. 2019, potential surprise plunge coming.

$SPY is gonna give up all of this mornings panic buying soon. Bulls FOMO bought in the first hour, and all it did was pop prices back into resistance levels and get rejected. 1-hour, 2-hour, and 4-hour charts - all still bearish. Plunge coming #ES_F $es $spx $qqq $nvda

Timber

No matter how we close today or how we open tomorrow, I think we’ll see new lows sometime tomorrow. $es_f #es_f $spy $qqq $nvda

We got the new lows I predicted yesterday afternoon and now $SPY and $QQQ both bouncing a bit. But like a few days ago, this eagerness to buy is more likely a trap I’m still leaning bearish as momentum indicators still point down and I think Monday makes another big down move.

$SPY might seem strong but all it’s done is trade back up to some heavy resistance. $QQQ looks even weaker, also rejecting off resistance. Bad sign when QQQ and leaders like $NVDA lead the way down. Still expecting new lows, probably by end of this week. $es_f #es #trading