10 Year Note Auction Today and 30 Year Bond Auction Tomorrow

MSFT - Chart Link- stalled at 61.8% Fib the other day

META - Chart Link- could be a lower risk short soon nearing those resistance trendlines and 20/50 MA's overhead

yep UGLY on SHOP, price filled that small open gap from Nov, but there's another one from early Nov down at 48.9

SHOP down 20%

ES/SPY and NQ/QQQ coming down from supply along with IWM 

TLT and IWM had similar candles (shown last night) suggesting some exhaustion 

What SBUX is a perfect CCI bungie setup, I'm at the gym otherwise I'd post a chart

Yes I noticed that as well

Tuesday Newsletter

mla - you can add DIS to your list of companies being impacted by consumer taper 

yep I like it when it blows through the cycles - indicating a trending move wave 3 of some sort. I also like when I see price start to ping pong perfectly between the cycles, i'll buy the support cycles and sell near the resistance cycles - like anything it's not perfect no indicator is, but it's pretty good

no real point, it's gonna be virtually the same thing

on TS SPX only goes back to 1961 so I just the Dow, again it's all going to move together basically with very slight differences on entries and exits. One can simply use the Dow version as a proxy for the SPX

if you look how much data is there on that spreadsheet, that's hours and hours of tedious work getting that data, something I don't see worth spending the time on doing

Implied move for earnings tonight

$UPST19.4% $LYFT16.5% $RIVN14.9%   $TWLO10%   $ANET8.5% $EA4.8% $OXY2.7%

SPY - Chart Link - moved into Supply where it has spent the day churning - slight rejection thus far

wow I can't believe that thing is back  to 120, jeez

here's charts of SPXU on multiple indicators cycles, demark, A's, and time frames

you can see you had Demark 13 on 78 min, Demark 9 on 130 min, A on 195 min, A and 9 on 2hr, and price bounced off cycle support on 5 min

$SPX - Chart Link- 60 min stalled at the downtrend line we drew over weekend

SPXU filled a gap - could try a long or hedge with a tight stop below today's lows

I'm not sure without more info, can you tell me what theory you have or what you are thinking about.

otherwise that 60 Stochastic being embedded above 80% for a long time is indicative of a wave 3 in Elliot Wave Theory, so your pullback could be a wave 4, then expect another high wave 5 - again not always. If it was a parabolic move then that wouldn't be the case would just top. 

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