I have added a lot of SPY puts in the past couple of hours since we hit about 4378. I intend to hold overnight because I expect about a 100 point drop. PLEASE tell me if you think that inadvisable or if it is a reasonable idea. I know nobody has a crystal ball, so I don’t expect perfection. My thinking is that the market makers want me to sell my Puts. 

Thanks, Steve!  Looks like a great template for now. 

Looks like that would be a Nay. Rejected the peek over the line. 

Steve’s scenario starting to play out?  We have dipped below the dotted line. Call moments , yea or nay?

I agree!  Thanks, MATT

Good time for some Puts, or will it go all the way to the 200 MA?

Tagged the 20 and underside of the former triangle.  Just a way station or continue to climb? 

Thanks, Matt. 

Looks like symmetry is broken to me. Could MATT  or STEVE confirm or deny, please?  Thanks. 

This baby is one fickle lover!  Love me and leave me!

Thanks

STEVE, given current bearish movement, do you still think that support at 4320-30 will hold?  If not, do you have any more targets to consider?  Thanks. 

Matt, am I calculating correctly?  I have a projected target of about 22.05 for LABU, based on the other two upswings. Thanks!

Or is it 19.37-15.06 = 4.31 + 19.1 breakout = 23.41 target.

Sorry for the elementary question, but aubthinl the latter is more accurate, and I know that none are precise, we have FOMC, etc.  THANKS. 

Thanks, Matt.  Just checking my thought process! 

3378+384= 3762  Am I applying the principle correctly?  Anybody? Thanks. 

Looks like ETH reached it’s measured move.  Matt/Steve, could you confirm, please? Thanks!

Goldnice, GOLD retested 22.53, approximate breakout last time. Do you consider that it has met it’s backtest or more to go to form handle?

Matt, are you looking at Longs or Shorts?

Roger, Thanks.  Couldn’t find it on Google or Stockcharts search.  Does it come with another package or service?

Thanks, roger. Great charts. I’ve noticed them for a while. What charting  program  do you use?  Really nice visual appeal and easier to interpret than some.