Believe today was 79% uvol day...might be close enough.

massive short squeeze to sell call options for nice premium

Last day to get SPY div. 

this may be working on larger 1/2 pattern w/ nice divergence now...

this straight down move from highs has same end-to-end slope of July pullback (very steep) and similar to covid crash velocity. 

I studied this method few yrs back and found for me was mainly useful after-the-fact; hard to identify real time w/ large lot volume having moved off market. Maybe you guys can  teach us otherwise. I find more useful/reliable the other methods you guys use...major support lines, demand zones, etc.  Would appreciate an educational video from Matt/Steve on identifying BOS/demand zones, and providing 'level to level' examples. 

SPX sitting on 61.8% fib of the up move from 5924. Should produce at least a bounce.

Matt - Educational ? to help me improve my mapping...since W4 overlaps W1 would this count still be valid? Thanks.

SPX Equal weight still seriously lagging SPX 

https://schrts.co/sRQBHyiS 

SBUX still going strong...likely 115 this month. Im out of it now but surprised its been moving concurrent to coffee.  In past coffee runs it acted inverse. 

Great day for selling options both directions. Has been traders mkt so far this yr and will likely continue. 

10+% from setup. 2 wks, Nice. 

CPC put:call ratio extended below BB at 0.69; McClellan Osc's at upper BBs. 

Nice pop to fill gap. Still more upside IMO. 

SBUX ready to pop...

https://schrts.co/SaYkSUEY 

IMO...would ladder duration directly via high-quality muni and/or treasury bonds if considering parking $ in bonds.  Small yield enhancement via tax benefits v TLT.

Matt - Do you have updated Tick levels? Not sure my levels are complete but I show next big level around 5704ish, in that lower demand zone. 

5min symmetry rejection on cue.

Lots of media chatter about Santa rally. Makes me wonder if Santa’s following Kiss systems this yr, will see... From Traders Almanac: Years when there was no Santa Claus Rally tended to precede bear markets or times when stocks hit significantly lower prices later in the year. 

How do you interpret TLT (20yr bonds) monthly completing 5 waves down with positive divergence against this yield (10yr bonds) chart?  Appears TLT has upside corrective move over time, but downside more immediate.   https://schrts.co/pXtBmHmH