Layed it out the past few days - as long as the secondary low held for SPX and QQQ  market structure says run the recent highs which is what transpired.  Review all posts. 

I need some help interpreting these perhaps conflicting charts. What I see  is a clear breakout from the  pennant and then reaching the what I believe is a demand zone and turning back.  So because it broke out from the pennant, does it regroup and then keep going up?  QQQ hit the 61.8%. Fib, and SQQQ backtested its breakout. That would suggest that we could be heading back down. Could someone please help me straighten up this conflict? I easily look at too many side things and confuse myself. I will commit myself and say that the  preponderance of the evidence to me seems to be that we should be headed back down now, but my instincts are not very good. Thanks ahead of time for any insights or correction of my thinking.!

SPX 1hr - I have 5 waves off the bottom based on the cycle indicator and MA ribbon.   Logical place to rest.  I think all good on the bull side as long as we stay above 5080 on what is likely to be an ABC playing out here, eventually (1 hr time frame, so it might take a while).  

I had it on my buy list but the fundamentals are wacky. Huge EPS growth, but literally negative sales growth (not just slowing growth) and not great forward estimates. That's a recipe for disaster when the market if and when the market is ever not in money printing bull mode where valuations don't matter. Or maybe I read the numbers wrong...

Underappreciated imo. They have not even mentioned AI as it pertains to PC's/Laps in a big way yet, at least that I can tell. I bank on Michael Dell.

GCT still coiling, i bought yesterday...

DELL--jumping back in.

That pretty much defines stagflation, but don't say it out loud around anyone with a political agenda :)

https://www.youtube.com/watch?v=Yk257jac_3Q

Powell after a 59 on prices and 49 on what amounts to growth (PMI) - "I was alive during the last stagflation. You guys don't know what you're talking about! You're being ridiculous."  It's actually his job to gaslight the global population because perception leads to reality a lot of times in the econ world, but the constant gaslighting by the media for political reasons is inexcusable.  
I watched a pod last night where the guy made the case that the media continually saying everything is great when it's clearly not is leading to a massive and persistent rise in Marxism. He made a very good case (Eurodollar University). In other words, maybe people aren't smart enough to know why JPOW and the media are wrong, but everyone has this sense they are being gaslit simply because of their personal experiences in the economy. This leads them to despair about a system where apparently everything is great but they're not great, which leads them to Marxism.

USA ISM Non-Manufacturing Prices For April 59.2 Vs 55.0 Est.; 53.4 Prior
USA ISM Non-Manufacturing PMI For April 49.4 Vs 52.0 Est.; 51.4 Prior

Weak PMI and Higher Prices on the ISM Non-Mfg - thus a quick pull

XLF ... tight ... 

One good, one bad...net effect here?

HD - Gaped above my initial buy order ... 

FUTURES dumped.

USA ISM Non-Manufacturing Prices For April 59.2 Vs 55.0 Est.; 53.4 Prior

USA ISM Non-Manufacturing PMI For April 49.4 Vs 52.0 Est.; 51.4 Prior

AMRC with a big move up.  Anyone know why?  Does anyone have a chart with previous annotations that they can share?  Thanks!

FXY - Chart Link- was kind of an easy oversold long earlier this week, plus we had commented that we might see some intervention by the BOJ that would likely cause it to bounce

ADBE - Chart Link

DBA - Chart Link- bounced off that support zone we pointed out early this week

DBC - Chart Link- logical bounce after that retest of the broken trendline, and abc pullback