UPST man's wisdom

Also 1987 black Monday holds the record of 99.8% downside day. We got ~98% intraday a couple of times recently, including this morning

Moving averages coiled on 5min

200 week average also there - my only concern is it seems to be  a popular target now

for Tom's D wave - wave 5 targets are 265 (almost there) for QQQ and 344.9 for SPY

If any of you guys tune in and watch what Tom says please let me know lol... Just realized I can't watch the channel outside US

SPY already blew through the TDST level before Demark 9 completes, that increases the probability that it completes 13. I heard Tom is on Fox Business at 2pm today so will want to see that he says.

Any wave 5 target Steve?

Think yesterday's late day rally in VIX was a warning - especially it got close to the 50 day

Matt/Steve or anyone else, What do you guys think of XLU of XLP?

My experience is sharp drops in a strong uptrend are usually buyable - it's scary that they got dumped so much though

My interactive broker was very slow this afternoon as well... Not sure why

On the intraday charts from ~3:20

$vix moving up with the latest SPX move

This speed was unbelievable... Managed to buy a small amount around the post Fed low and sold... Done for today

More like Summit One Vanderbilt. The top looks exactly like that.

Question for Steve: you mentioned these 'gap after gap' is an indication of a larger degree wave 3. That means the entire drop from earlier this month is a wave 3? Thx

Dude didn't cry on CNBC this time, so we are not there yet.

Persistent oversold conditions lead to crashes

Yup I think the downward neckline makes it worse with series of lower lows

Breath Collapse Signal lol

Interesting stuff: Inverse Zweig Breadth Collapse

https://twitter.com/WalterDeemer/status/1536089771491135488?s=20&t=Niaifg-QQiQc90SLVBBlTA 

Who are the two men in the Middle lol?