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BTC came within a couple hundred dollars from hitting $100k before pulling back. Nice flush after the ascending channel break too. I'll be watching the uptrend line below for a potential bounce spot if it continues lower. It seems likely to me it will retrace some more before going back to $100k if it does go back, but hard to say. Important thing is what does it...

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We may or may not get some good price action this week. The week of thanksgiving is pretty terrible for trading most of the time, but we have a lot of potential catalysts this week. I would still avoid Wednesday. If this futures move holds up overnight, it looks like QQQ may gap up above $507.84. if that's the case, I'd have bullish bias until it breaks below....

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The Yen benefited from the US rate cuts after the Bank of Japan was forced to intervene to prevent further collapse. They succeeded for now, just like in 2022 and other times before. However, recently US treasury yields have started to spike again, sending DXY higher and the Yen lower. TNX going to 5% seems inevitable, which wouldn't be good, but it will be a lot...

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The yield curve has just recently reverted back to normal after the longest inversion in history. The yield curve has been perhaps the most reliable and only indicator needed to predict recessions. This time is no different. We are entering the final stages now, we are seeing the type of extreme greed levels needed for a major top. The fed has just begun cutting...

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I've been talking about my change to being bullish on BTC a lot lately and I've been looking at some ways to get long exposure. MSTR owns a lot of Bitcoin and plan to keep buying it. The company will continue to increase in value as BTC rises based on that alone, not to mention all the other revenue channels. I don't know if I'd call this a cup handle, but it...

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Similar looking bull flag/wedge here on TSLA as last week. The last one led to a downside break, we'll see about this one. Structure is still bullish and we have a bullish pattern on the 15m, but it is smack in the middle of the range so not the best spot to open positions IMO. Will be looking for a break and play according. Ideally any breaks will result in a...

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Today's opening 15 minutes was one of the more wild ones I've seen. It's been a wild week in general. Every single morning we have been hit with war fear news right at open. Each one led to a big VX spike and near instant recovery. You can see the huge spikes every morning, starting with last Friday. What I think is important here is that it has came right back...

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Kind of a weird looking bull flag, but it is a descending channel after a leg up. It could have another move up if it breaks out above, but there's potential trendline resistance above from the previous uptrend. Would be the first retest, but if it breaks that opens the gates for a lot more upside. Could work for a short too, the recent spike leaves it vulnerable...

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The mag 7 finally moved down for a retest of the previous ATH/supply I had been watching for a while. Got a nice bounce up to the gap fill before stalling out. Now we're coming back into the area again. This will have a big impact on SPY and QQQ so it's an important watch. It will either break this resistance here and fuel the market higher or potentially reject...

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I haven't bothered trading SMCI since my short on it earlier this year. This thing actually almost went to $0. It just bottomed out finally and had a nice broadening wedge breakout. Looks like it's about time to short it again. It may head up to the gap fill at $32.20, if so I'll look for more puts. Entering anywhere in this area is good for a move back down to...

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ES is sitting smack in the middle of its range. I'm bearish for now but would wait for a break to do anything. A break below would likely lead to a flush back to low of day around 5880 and maybe ever lower. To the upside, watching 5931 for potential resistance.

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I've been sharing a lot of bullish silver ideas lately and have been accumulating for a few days. So far no movement. This is another look at the 1hr, nice looking bull flag in addition to many other confirmations. Starting to wonder if it's going to move soon or not but we'll see. A break should should lead to a move back to 31.50 at least.

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VX has broken above 17 and is trying to sustain above. Looks like some bullish consolidation on the 15m, I'm expecting a break up to 18.40. That would likely lead to a new session low and more downside for ES. Opposite happens if it falls back below 17.

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We sold off more than I expected today, but we're finally coming back into the $585 area which I have been waiting for since the post election rally. Looks like a great spot to pick up some longs with solid risk/reward. If it doesn't hold, could turn into a good short idea on the retest. For now I full expect a bounce here into the early parts of next week.

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Silver is another interest rate sensitive ticker with a bullish pattern heading into next week's fed decision. It has a nice bull flag on the 1D. It did have a fakeout below, but the lower trendline is still being respected and it closed at the top end of the flag last week. If it breaks above, I'd expect continuation to at least 32.50. Final target will be...

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Nice move for ES this morning up off the bottom end of the range. Now it's all the way back to the top. I expect a rejection here, but if it breaks at least I'll know it's time to exit shorts. Next upside target would be 5955. If it works out, downside target will be 5900 first and then we'll see if it can break any lower. Lots of things lining up to make this a...

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NVDA is retesting the $144 area along with a trendline it broke below recently. I like the short side here down to $140 and potentially lower. Stop above $144 or high of day with an upside target of the trendline above/ATH.

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Silver had a nice downtrend breakout after some recent weakness and looks poised for another leg up if it can hold this area. This is by far my favorite trade in the market right now. Targeting $32.50 and beyond. Stop around $30.70.