QQQ - Chart Link- this would be the bullish labeling where we are in wave d, then geta  small wave e pullback, then breakout 

no newsletter tonight.  here's an image I generated on AI, I thought it looked nice and clean, shows an empty Wallstreet 

yeah been listening to it. 

some nervous nellies for long weekend seems with price selling off the last 30 min

IWM - Chart Link-

DBC - Chart Link- bounced back to underside of 200 MA

DBC - Chart Link- weekly of course nice rebound off that long term support

DBA - Chart Link- daily

GDX - Chart Link- bouncing back some after filling the gap

still have that big MACD divergence though

AMLX - Chart Link- tried but pulled back some, still like that pattern a lot

CGTL - Chart Link- I like the volume patterns on this one, and it is coiling on lighter volume

again in this environment best to focus on 1 or 2 items max, or sit in cash and watch, cash is a position

yeah, historically the market has been up the the day before Good Friday and on Good Friday, clearly yesterday didn't follow historical stats, we'll see today. I still favor a push to those higher levels but we'll see....Best if  yesterday's afternoon lows hold.  We'll just have to see if any nervous nellies not wanting to hold over the long weekend as the afternoon comes

UNG - Chart Link- nearing the 200 day MA again

UNG - Chart Link- 2hr has some MACD divergence, and wedge-like pattern, but it may need to flesh out a bit more

$TNX - Chart Link- backtested the broken downtrend line - basically at a 'breakpoint' like this website name, either finds support here and rallies off it, or breaks it

shows daily and 130 min, had a nice demark 13 on 130 min, was worth a shot last night on a short

Wednesday Newsletter April 16th, 2025

wow!

also was a demark 9 on 3hr, and 9/13 on 5 min

AMLX - Chart Link- been a trade idea, never took out resistance but still hangs in there well. Bio/pharma

GLD - Chart Link

$SPX - Chart Link- would be funny if that cycle chart played out that converges in mid May

CLIK - Chart Link- wow glad I wasn't in this one, never triggered so wasn't in it, news hammered