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#STICKYNOTE β MORNING MARKET STICKY NOTE π¨
SEPTEMBER 24
Risk-off setups are in focus this morning, with tech looking heavy and Treasury yields still elevated. Iβm watching for clean confirmation at the levels rather than forcing the first move.
π STOCKS IN FOCUS
$SPCX β 150 LONG BREAK
Pressure yesterday after another tranche release. Watching 150 for a breakout only if the selling pressure eases β if supply comes back aggressively, stay away.
$SMCI β 41.25 SHORT
Fading with the broader market. Tech remains weak, so watching 41.25 for a short setup and continued downside momentum.
$TLT β 80.50 SHORT
Watching for continued weakness in bonds as yields stay elevated. One of the main risk-off setups on the board.
$TQQQ β 78 SHORT
Looking for Nasdaq weakness to continue. Watching 78 for confirmation before leaning into the short.
$IBIT β 47.75β48 SHORT
Watching this zone for a fade if crypto momentum rolls over with the broader risk-off tape.
Stay patient. Let the levels confirm the trade.
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