BROS continues to move higher towards trendline...  BROS - Chart Link

Interestingly, the Fed website shows $16.801B repos injected today instead of $5.2B headlines. 

Agreed. Uncle Warren's strategic moves typically arent fully appreciated (understood) by the market until some time later.  Cant go wrong w/ BRK either.

Matt - What are your thoughts on BROS here? Seems like may want to push up into lower 70s supply zone. Weekly has a yr long coil. Ive been a swing trader of SBUX over the yrs and will chat w/ managers around holiday season to see how biz is going. This yr feedback was BROS is noticeably taking biz away.  

Most timeframes for this ratio above BB now...

Potential SPY 5min rising wedge

Classic pump n dump stock. Janx recently dumped hard as well on folks. For me, when I stopped trading no name stocks a long time ago is when I started making consistent money. Formulate your trading style; many, many ways to earn at this game. 

Definitely perplexing  market price action lately. In past this duration of sideways index action is a sign of distribution. Either way its forming notable zone.

Matt - has your probability on pullback to demand zone(s) changed? Odd market going sideways for this many sessions.

Glad I closed out SPX call options Wed; data feed shows very wide spreads. Has anyone traded these today? 

Im not seeing VIX divergence today. Being holiday week more likely to gap down over that trendline to fill open gap below.

I think those buying this mkt at these levels will be happy they did by year end. 

I may be wrong but  didnt feel like a true bottom yet IMO.

Easy pickins here trading SPX on way to test early October lows. 

Falling wedge could lead to explosive upside move from squeezing shorts. 

Anyone confirm if ES still has this open gap in the thread here?   Charting I use doesnt show a gap. Thanks.

Steve - u showed this ES gap but I can’t see it on my charts. Is there still this open futures gap? Thanks. 

IMO whole market pullback is benign as evident by high yield credit flows. Weak hands getting bought up by large players...mkt will be at new highs in a few weeks. Seems like we are in a typical Wave 3-4 process.

Closed outside upper BB; tends to signal bottoms but not always.

Wow Matt…u must use the whole basement as storage for all those decorations. Best setup I’ve ever seen; will have to bring kids by next Halloween!