open door to upside. The longer the consolidation the better the odds for upside gap fill on NAZ SP, etc. 3-day low is now main pivot to downside.

I dont like posting late but this was the bear trap structure Kyle and Damon had up in the trading room today (75,000 tick) ..and I cant resist from posting the KC chart from awhile ago:

market at equilibrium point.....poised....

The 30 day equity only put/call ratio is not quite at 2019/2020 levels but certainly elevated enough to provide an intermediate low sometime soon. $put $call $putcallratio

This could have been a long liquidation flush only...especially if it does not test below today's low tomorrow.

This weekly coil has potential to explode out the upside. Small caps outperform in July.

SP on grail buy...model says markets w range expansion = good odds of trading above today's high in the next session/day.

Follow-up to a post a week ago - never discount the power of horizontal trendlines! (A. Sklarew concept at work here)

the more noise and whipsaws around the little equilibrium consolidations, the better the eventual swing.

Hoping for 200 RTs by midnight :) thebeartrapsreport.com/blog/2024/12/3… This is an essential holiday read, please share. Colossal implications for 2025. Gratitude 🙏

GC going on day 7 above SMA...start of extended run up. Coffee has had 17 closes on one side so far...

And come home NFLX did (in the overnight market), Mr. Wizard brings Tootle Turtle home...

Palladium - not exactly on everyone's trading radar...but....

The average price of electricity per Kilowatt-hour in the United States. This is unsustainable. H/t Brian Roemmele

Joe Rogan Podcast News Interpretation: we’re about to seriously clamp down on Canadian residents free speech 🤡