ETHE (Grayscale Ethereum) is on fire. I guess Visa announced something about completing a transaction on the ETH blockchain and rolling it out to customers soon. I trade crypto directly and the charts are a little different...ETH seems to be approaching the top end of a large coil now. ETHE also has a coil type look but it's still in the smaller version of the coil that ETH broke out of earlier this morning. 

VZ -  typically a boring name, but chart looks ready to pop.  4.4% yield.

Dollar up strongly despite all indications that Yellen & Powell are willing to continue to dilute it's value / increase the supply are a record setting clip. The said, I've lost faith in trying to use the DXY or UUP to track devaluation since they are more comparisons of one fiat currency against other fiat currencies - almost all of which are engaging in the same practices.  It's interesting to see Yellen in a role where it's appropriate that she is partisan. Can look back now and realize that some people's fears about her policies back in her Fed days were not completely unfounded. 

NFT's for art seem way overblown, but I'm all in for anything that disrupts the anti competitive practices in the American real estate industry and reduces the exorbitant fees & commissions they are able to charge as a result of those practices.  Smart contracts on blockchains (NFT's) seem like they hold promise in this area. 

Moderated is cool. I've been a member off an on via multiple user names for probably 15 years now...something like that anyway. I don't have to post and don't often want to - just wondering if I'm just too  stupid to figure out how to do it! Saved the crazy posts and testing for the weekend :)

https://drive.google.com/file/d/1ha6zphbFPQJXs0Fn7i6TxqFXdg3qOnBQ/view?usp=sharing

Sorry, I  think the link might work, but it didn't post directly

Hard to post with this  UI.  Testing but also wondering if anyone has ideas about BTC from current position?

https://drive.google.com/file/d/1ha6zphbFPQJXs0Fn7i6TxqFXdg3qOnBQ/view?usp=sharing

GBTC discount almost cut in half already today. Seemed like an easy trade so I took it. Just wish I could have have figured out how to put on a pairs trade to really arbitrage it.  Trade would have been too big for my blood using futures. 

Does GBTC represent the "smart money?"   Overlay GBTC on BTCUSD and look how predictive it's been recently (I'm just using a daily timeframe). It seems to have climbed during the last correction and led this correction by a significant margin. Might be worth following more closely.

Zoom - I think the shorter time frame /es charts are stuck. Audio still working, which is super helpful. 

9 on QQQ 120 minute chart (Zoom). Can someone explain the 9 thing to me or point me in a direction to read about it? 

Onboard with your primary thesis, but the slope of the trend back then was significantly steeper...until just recently, right? Also, a lot more companies in the index have real/actual earnings compared to back then. 

Knock on wood. Haha, maybe a bad idea to post that with 20 minutes left! 

I've gotten in the habit of day trading the initial reversion to mean email/call if the market looks bouncy then closing out for a gain at the close or in the after market when the systems don't actually trigger.  I can't remember a time when it didn't work. I did a massive trade on the potential RTM call today because I got stopped out of all S&P by about 10 cents earlier in the day....I was obviously set too tight. I'm not going to close that out - just gave it some more room with new stops.

Zoom down today?

GME - craziest single day candle ever? 

So not a lot of room between daily DVT and MAJOR support. Maybe better to give it some room down to that level? I know...trade your plan :) Just wondering how you might approach it with the two being relatively close to each other. 

23K on BTC also happens to be about the 50% retrace of the entire move (from 4k in April of 2020). It would have to fall to 18.5K to get a 61.8% retracement. 

Just eyeballing it but looks like a standard 61.8% fib retracement? Maybe only 50% depending on where you draw the lines. Point taken though, if it broke out from 12k and went to 42k, a standard fib retracement is a big, big move.  It finally retraced enough to come back in the EMA ribbons on the daily chart, but on the weekly chart my closest ribbon is still down at 23.2K. Setting a new buy order there. Haha.