Amazing your chart reading abilities Steve.

Thank you Keven!

New member here with a question. Are rising wedge patterns bearish on ES futures or only on the cash market? I know the volume overnight is so small it may not mean anything. Thanks!

Target getting crushed! Down $50 share

Full moon this weekend (Blood moon). Could it coincide with a bounce?

Market seems to be dumping the recent winners (MegaCap tech) and rotating into other stuff (Oil, Banks Metals etc). Bull market continues but traders need to be willing to move to the new winners. Be nimble my friends. 

Shorts beware....

Picked up some TSLA at 677.00 yesterday.  Whenever this stock gets sold off it has always come roaring back. Just have to be patient. I’ll sell over 850 

Looks more like the forming of an Inv. H&S to me. Funny how different folks see differently.

Another good buy point?

Matt, is there such a thing as a reverse Trend Day? This looks like a reverse chart of typical positive Trend Days.

NAMO Bottoming signal? (Matt's chart from earlier Newsletter)

Bought 40 shares of TSLA at $576 premarket. Up $800 already. Thanks Matt for the heads up yesterday!

Good rule of thumb........... Never Short during a Bull Market.

From Charles Kirk from the Kirk report.

• Strong breath and healthy rotation combined with a bullish price action foundation combined support not only a year-end strength but for that strength to be extended well into next year

It also could be a diamond pattern. Very high probability reversal  signal.

Sloppy Inverse H&S but good enough for me.

Buyers bought the "US President has potentially deadly disease" dip. Amazing.

Thanks Matt for the quick feedback. Very helpful. Also please note your NYMO Oversold System just went on a buy signal.

Could it be this simple?