According to this guy, the week after opex is usually shit. I was thinking about the seasonaility - this year's opex is earlier than usualy with Oct 1 being the first Friday of the month. So maybe the seasonaility also needs to shift ~ a week earlier? Normally we also get some volatility into the last week of October, and that could be next week this year because of this 'shift.

Anyways I've sold most positions today, could very likely be early but I want to see what happens when the overbought NYMO recycles. Seasonailty gets even better starting from November so there will be plenty of trading opportunities to reenter.  https://twitter.com/ukarlewitz/status/1448784810130886657?s=20 

Ya having the best day this year - 200% invested coming into today    Thx Matt and Steve.

Would love to see $tnx retest 1.3 level, what a tech rally it will bring lol

$NYAD very close to a new all time high btw, way ahead of the index

$NYMO and $NYAD outside upper BB - short term overbought but I see it as breath thrust signals.

real time $NYMO at ~25, looking to close at highest level since the early Sep top. Breath is improving under the hood with leading stocks emerging

JD (first major in KWEB to) clearing 200 day. I like second tiers like JD since the anti-monopoly policies should benefit them. PDD is even better fundamentally as it brings jobs and services to rural area/smaller cities and thus aligns better with 'common proesperity'. Will need technicals confirm anyways.

Let's call it Matt's breath thrust signal.   

I remember Martin Pring said that lumber is as good a leading indicator as copper

Looking at JNK, a hard rejection at 50 day will be bearish

Sold most of BABA and KWEB. Still not certain the correction in S&P has ended and want to keep the hard earned money lol.

I view recent low on KWEB as a successful retest & higher low by the way.

Yea, I bought BABA, JD and PDD yesterday... and KWEB a bit higher some days ago but also on a profit... So for sure need to trim a bit.

Thank you for the insights. I also think if US market does okay in Q4 these stocks could perform well. There will be some positives like China cutting reserve rates (1-2 times expected before end of year).

Hey Matt, would you sell BABA for a quick profit today or hold?

Thanks Matt. Under what condition you will be re-entering the daily DVT trades? 

When Matt has similar view on my trade, I sleep better at night   

KWEB outside reversal - maybe a higher low in

Today marks the second inside day. A break of today's range should be a good trade short or long.

Built a big position in XLU in the last 2 hours (sold the small one from last week, in the morning). I hope the number 13 & extreme RSI readings bring the magic lol, otherwise I will hold it as a lifetime source of income  .

14 day RSI finally got to ~30 level. That wasn't the case last week.