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VIDEO: Can lead bear sectors shape up a weekly bounce to get SPY and QQQ into blue sky breakouts? My focus on the AI Biotech narrative.
chartguys.com/watch?v=oQ829r…
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There’s a fine line between patience and hesitation.
Patience is waiting for A-grade confirmation before entering.
Hesitation is watching the A-grade set up, confirm, and move - while you sat on your hands waiting to feel “more sure.”
One of them makes money. The other watches it happen.
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The breadth posts are back.
These are my comments over the last 3.5 years about it.
Not going to assume something different is going to happen, the market has to prove to me something different is happening:
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"Some day that will change, but until then..."
$SPY +39% in the 2 years 1 month since this post
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You just had your best trading week ever. What do you do Monday?
A) Same size, same rules - nothing changes
B) Take it lighter for a few days to stay grounded
C) Size up - confidence is high
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$MSOS that needs to be the daily higher low, which means bulls will need to break high of today, on Monday.
$MSOS hourly oversold aligns with a back test of previous resistance zone in the low $ 5s. Bulls must hold the back test or we will start talking about a monthly lower high for continued equilibrium:
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$MSOS hourly oversold aligns with a back test of previous resistance zone in the low $ 5s. Bulls must hold the back test or we will start talking about a monthly lower high for continued equilibrium:
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With this reaction follow through, is the Iran headline more real? Or is it because NQ, ES daily higher lows, and oil daily lower highs were the most likely technical scenario?
Dont know, dont care.
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$XBI would be the spoiler, about to confirm a weekly head and shoulders being rate sensitive.
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Said on the live stream I would have expected MSOS in the $ 5.teens with how the broader market traded yesterday... just took an extra day of weakness.
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Cannabis Live Stream today 2 PM.
Bring any questions or chart requests while we check in!
piped.video/live/2OwMqYI3fvk…
$MSOS $TRLV $GTBIF $CURA
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