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Someone on Twitter/X asked the question "at what point does the current greed turn into fear?" and I think that sums it up

crue oil - $OVX, Oil

Posted by EricK on 3rd of Jun 2026 at 11:07 am

crue oil - $OVX, Oil Volatility Index - I'm keeping an eye on this as it has landed on its 200 ema, 200 dma just below, but it looks like it can perk up anytime from here.

MSFT looks like the same chart as that software sector IGV chart, backing down from supply zone

RGTI trying to break out

Quantum stocks

Posted by EricK on 3rd of Jun 2026 at 10:16 am

RGTI (quantum) Rigetti trying to break out from the flag

SOXL is flying close to

SOXL

Posted by EricK on 3rd of Jun 2026 at 10:02 am

SOXL is flying close to the sun- this is a weekly chart; it tagged 4 std deviations from its 36 week ma twice before, then consolidated, and then made new highs.  This time around it needs to keep pushing and tag $304.  3 pushes to a high, as the old Wall St saying goes?  On the daily chart, the chandelier stop is at $228.

IGV software

Posted by EricK on 3rd of Jun 2026 at 09:48 am

IGV software sector backingdown from that supply zone the past 2 days

market sectors in a defensive

Posted by EricK on 3rd of Jun 2026 at 09:45 am

market sectors in a defensive mode this morning with XLP and XLU leading

We currently don't have the Daily KISS stats posted (or Weekly).

A post that Matt made in the post commenting about this:

https://breakpointtrades.com/blog/post/406919/

there are some other related posts here:

https://breakpointtrades.com/blog/post/434770/

https://breakpointtrades.com/blog/post/426491/

https://breakpointtrades.com/blog/post/412163/




These are the Daily KISS

Posted by EricK on 2nd of Jun 2026 at 11:25 pm

These are the Daily KISS signals I track and often times there's informational value when you look at a diversified basket of ETFs like this, although mine is tilted more towards commodities.  I look at what's Flat and Long, sorting by System Entry date.  The SPY and SMH signals are getting long in tooth.  Commodities are having a tough time (metals have been struggling most of this year)...XLE got a whipsaw signal recently and OIH (probably the best one) recently got stopped from its long trending move since beginning of the year.  The only interesting thing I see is TLT which recently triggered a KISS long.  The picture being painted here doesn't motivate me to take on too much risk with my personal portfolio.

OKLO, SMR, closing strong

OKLO, ma ribbon tight

Posted by EricK on 2nd of Jun 2026 at 03:58 pm

OKLO, SMR, closing strong

law of large numbers

NVDA

Posted by EricK on 2nd of Jun 2026 at 02:22 pm

law of large numbers

NVDA consolidated from July'25 to

NVDA

Posted by EricK on 2nd of Jun 2026 at 01:45 pm

NVDA consolidated from July'25 to April'26 causing that Bollinger Band squeeze there, so volatility is probably going to pick up as the bands expand again (bigger ranges)

That's right.  I feel also

OKLO, ma ribbon tight

Posted by EricK on 2nd of Jun 2026 at 11:52 am

That's right.  I feel also that if NUKZ etf can have a strong weekly close here, then that will be another sign post...the 1st time it will close above approx $74 (been trying since October 2025).

METC Ramaco (commodity stock)

Posted by EricK on 2nd of Jun 2026 at 10:21 am

METC testing its 200 ema and potentially breaking a bear flag, my stop loss would be below today's low

OKLO, ma ribbon tight

Posted by EricK on 2nd of Jun 2026 at 09:57 am

I'm tracking OKLO (nuclear) this week.  Seems like energy is building for a move and the ma ribbons are tight.   Link

Have a nice trip, Matt

Bitcoin short playing out well

Posted by EricK on 2nd of Jun 2026 at 09:45 am

Have a nice trip, Matt

Thanks.  gwalch, you can also

Tuesday's Newsletter

Posted by EricK on 13th of May 2026 at 11:39 am

Thanks.  gwalch, you can also write the support@breakpointtrades.com email in the future as Matt doesn't always see every post here on the community.

there's no way to favorite a post.  you'll have to copy the URL like this: https://breakpointtrades.com/blog/post/474167/

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