We appreciate how busy you guys are.  I don't think there is anyone out there that provides as much useful as you guys do.

Perhaps you could record a video going over the stats etc.  I am sure it would be excellent material for the YouTube channel aswell.

You could also host a Zoom call where you take questions and then record that session for future newbies.

There she goes!
This may be micro wave 3 of the final wave 5 down before a larger correction can begin

Late bear flag setting up

Bull Flag / pennant forming at the top of the channel now.  Looks like it wants higher ?

$SPX, similar look to NDX.  Hard resistance here at 38% and the previous W4.  Major confluence.

A day or 2 for retrace makes sense Kobie.  People might be scared to hold over the weekend.

And A-B-C corrections tend to be very overlapping so it fits the character.

But if that neckline breaks early then there is going to be a huge short squeeze ahead!  Current market sentiment is super bearish.

Forgot to mention that was a chart of the NDX

Also its bouncing off the .38% retracement and facing resistance at the previous W4 high ... it would be a big deal if the bulls can bust through here ... I doubt they can do it without a pullback first.

Potential channel break here which would set up a nice IHS 

Thanks Matt!! 

That would be greatly appreciated 

great looking charts!

ARKK wedge breakout setting up on the hourly chart 

Its amazing how many times these things sync up.  gotta love TA :-)

excellent call Kobie!

Looks good Kobie.  Might need a pullback before breaking out but its acting strong.  Your wedge lines up exactly with the morning gap fill on the SPX.  

I was too chicken to play this wedge on the 3min chart earlier today:

But if the move off the lows was a leading diagonal then overlap between 4 and 1 are permitted. 

Regardless the bears are clearly in control with lower lows and lower highs. 

Yup - looks like SPX and NDX and both are going to fill their gaps overnight.  Will be an interesting open tomorrow.  I suspect it will be a gap up and go 

NDX bouncing off of gap support.  Double bottom bounce?

SPX also stopping right at the gap

We may get a strong move up tomorrow as everyone might be expecting the gap fill 

Higher beta stuff is positively diverging.  Looks like a near term bottoming process.

NDX is doing better than SPX (no lower low)

ARKK is doing better than QQQ (actually made new highs on the 15 minute chart)

Thanks Matt. I thought my eyesight was going bad :-) 

Thanks Matt. What's the difference between the two 120 minute charts? Is one a log chart perhaps? They seem different.