🖤 @unknownstate33
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🚨 $SPX IS ABOUT TO PRINT A MASSIVE DUMP Since the April low near $6,300, $SPX has been climbing inside a clean ascending channel on the 1D This pullback tapped the lower rail again, the same zone that caught price in June and July Here's the plan: 1. Support holds → bounce off the lower rail 2. Push through the midline → $8,000 at the upper rail 3. Rejection → channel breaks 4. Slide to $7,000, weak bounce to $7,150 5. Final leg down → $6,300 (Q1-Q2 2027) Support tests make bulls comfortable. The $8,000 print is the trap, not the breakout Every channel top looks like strength right before it gives it all back Breadth is thin and a handful of mega-caps carry the index. That's distribution, not accumulation Don't buy the top. Plan the exit Turn notifs on so you don't miss my next global market call
🚨 $SPX IS PREPARING A MASSIVE DUMP Everyone expects more upside after the new highs. I'm seeing a textbook Wyckoff trap on the weekly... UTAD printed at 7,850 → fake breakout, late buyers trapped Price is already slipping under 7,630 My timeline: - NOW → Rejection from
Former White House Press Secretary Karoline Leavitt GIVES her THOUGHTS on Katie Zacharia’s 5-day Stint as press secretary: “White House press secretary is a tough job. I know that because I did it, obviously, for almost two years, and many people say it’s one of the hardest jobs in politics. It takes a lot of preparation, and sometimes you don’t know how someone will perform until they go out there.” “So, look, as the president said, we wish Katie the best. The job, obviously, was not for her, but we wish her and her family well, and I think I know the president is continuing to look over options. There’s a lot of people who want that job. It’s an amazing job. It provides you with incredible opportunities, and I’ve offered my help to the president to help him select someone who can serve him in the country well.” Fox News’ Digital’s Paul Steinhauser: “When he asks you for your advice, what kind of advice do you give him on who he should select?” Karoline Leavitt: “I’ll keep my private counsel to the president private but I do, obviously, talk to him about what the job entails, and he knows it very well. Nobody understands the press better than Donald Trump. He knows he needs someone who is tough, who is smart, who understands his policies, who is loyal, and who can go out there and put up a fight. So, again, there’s plenty of people who want the job. There’s a lot of qualified people who can have it. It’s just up to the president to make that decision.” Leavitt was TRULY the best Press Secretary in HISTORY and people didn’t fully appreciate her until she was gone. x.com/steinhauserNH1…
TRADE PLAN For LOTTO Friday 📈 Alright we are in the extreme fear category BUT no real panic yet. There's still lots of pressure on Semiconductor and AI related stocks. I think we see one more flush before FOMC next Wednesday before we start to carve out a bottom. The fact that $QQQ broke under last Friday's lows is not a good sign for tech. $QQQ under 700 we can see 693,685 next. $SPX to 7500 in play if it breaks under 7620 as well. Tread lightly and make sure you're not going all in BEFORE FOMC. That's how you get cooked. $SMH can drop to 500 on the next leg lower, this is most likely where a short term bottom will form. $NBIS 145 is the prime buy zone if it drops there next week. $SNDK if they flush this one more time we can see 1000 before midterm elections. It's a risk off environment until after FOMC. I've been saying this since last week. Survive a bit longer we're getting closer to a bottom. 🫡
$SPY -2.6% from ATH $QQQ -7.7% from ATH
The next straightforward trade for the upside will be AFTER FOMC. We saw on July 30th and Sept 17th. Until then let it all drop.. $SPX to 7600 next, $QQQ to 700 in play.
Long term $QQQ model continues to track extremely well.
$QQQ Almost -2% overnight… 😳
TRADE PLAN for Thursday 📈 Ping pong market.. $SPX and $QQQ stuck in a 5 month range... We should see a resolve from this AFTER FOMC. As long as $SPX can hold 7700 and $QQQ forms a new base above 716 we should see a push back higher by the 1st week of November. Until then, tread lightly and preserve cash.... We saw negative reactions to $TSLA $IBM $LRCX earnings today and the Chip/AI stocks are all gapping lower now. Until we see $MU $SNDK $AMD $NBIS lead the market again, I'd be careful sizing up in this environment. $QQQ will enter it's 6th month of consolidation in November but I doubt it stays in this range. Get ready for a BIG move soon in the next 2 weeks. Good luck tmrw everyone!! 🫡
The crash started last week. It will soon reach the acceleration phase. And then all of this bull shit will be replaced by dead silence.
As long as $SPX can hold 7700 and $QQQ hold above 719 for today, i'd stay bullish.. We still have $META earnings coming up after hours. If there's a positive reaction... $QQQ to 734, $SPX to 7780+ in play next. We're seeing a rotation into Software stocks $PLTR $CRWD $ZS today, chip and memory still just average after the gap up this morning $BTC popping back up near 85k as well... Price action looking better in $MSTR.. MSTR to 200 once we see BTC run to 100k.
$SPX RELIEF RALLY LOOKS DONE. Five waves down. Three waves up. Next: a swift move lower. First stop: the equal lows at 7,616. Then the September low. More upside first? It gets rejected at daily resistance. Either way, the next big move is down.
once $760 is gone, the way down will be very fast. $spy
He saved the AI trade! ⭐️
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THE NEW YORK STOCK EXCHANGE JUST LAUNCHED EXTENDED-HOURS OPTIONS TRADING It covers 29 big stocks and ETFs, including Nvidia $NVDA, Bank of America $BAC, $SPY, and $IWM, per CNBC. - Morning session: 7:30 AM to 9:25 AM ET - Late session: 4:00 PM to 4:15 PM ET - Starting Dec. 6, those names trade 23 hours a day, 5 days a week
Monday gap ups lead to sideways for rest of the week. Congrats.
Nice and fresh to see a bounce but this isn't the day to be buying and averaging down. This is a "dead cat" or "short the pop" opportunity IMO. Buy on the red days. Read the tape. The buying today isn't strong.
$SPY $QQQ reminder you cannot buy calls unless we break the PMH. A large gap up in a down trend is still a down trend…
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