Minervini's take on long term - he is kinda less bearish

https://twitter.com/markminervini/status/1541800048215920641?s=20&t=pYhPGRYDzSDKwGeKzhsQbA 

The 9 kicks in now

Thx Mattt. The profits are too good not to take so I may go into the weekend with a small net short   

The short signal might be on time?

Maybe Pullback till next week Wednesday/Thursday? And C into July. They say if you are short into independence day, you are a communist and don't deserve freedom   

Very well said. I learned a lot from Upstart Minervini on this point. Just sit out when trend is not clear and bet aggressively when you shoud (like a wave 3 or morning session of a trend day)

The move after 3855 was taken out... wow some big shorts must have been destroyed. That said, we have enough bars before 13 for the trend day to continue 

Yes. Demark buy setup 9. XOP also getting there today. OIH got its own 9 yesterday.

XLE almost guaranteed to get a demark 9 today - as long as close lower than 4 bars ago

Anyone else notices the opening price not accurate on Stockcharts.com?

For example, in Tradingview, today's SPX undercut yesterday's low and reclaimed it. If using stockcharts, I don't get that conclusion - think Stockcharts opening price for yesterday is wrong.

TD Sequential (13) also canceled because each close must be lower than the close two bars earlier...

https://www.youtube.com/watch?v=h5PuTzDimNATom Demark talked about this point in this training video.

There is no remark 9 today.... Because day 9's close is higher than day  5, which is 4 trading days ago. The whole sequence gets canceled and needs to start all over again lol

$VIX 1 min chart moving up again

Opex last Friday

https://twitter.com/ParikPatelCFA/status/1538587936383434752?s=20&t=pG1PXFQzOm0Bajh8L3-7Ww 

David Ryan: Bear Market Checklist & Prepping For The Next Bull

https://www.youtube.com/watch?v=vt6kRYd8CeA 

Dav is a three time US Investing Champion and his son is leading in 2022's race.  One point I very much agree with him is if we make an important low in June (say 3300), it's likely that we bounce and then come back to undercut&retesting in Sep/Oct. Without Fed on the back, V bottom is highly unlikely. Also he doesn't see any good individual stock set ups now, which is needed for a sustainable uptrend. Similarly Stan Weinsten and his team scans all the S&P stcocks and currently only ~10% are in what they call as "stage 1 or stage 2", way too low to be ready for sustainable move up.

Semi is one of the worst charts I found this weekend. Large stage 3 topping & distribution broke down and now in an air pocket till the next significant support, which is almost 100 dollar lower

BTC's 1987 moment?

https://jeffhirsch.tumblr.com/post/687327617382219776/market-prone-to-late-june-weaknessseasonaility weak till last 3 trading days ofJune