Selloff in $BPENER seems way overdone. 

Another big caution signal to me is the moving average ribbon on the daily and weekly $SPX, pinching from below. As Matt tells us, that first pinch after flipping is a low risk buy/sell depending on which way it flipped. Not a timing indicator, of course. Use other things for that.

Caution. What's yours?

Sorry, haven't been able to listen to the newsletters this week. Long days. Just enough time to review my own chartlists and crash.

Anyone been following the Mythos news this week? https://www.axios.com/2026/04/08/anthropic-mythos-model-ai-cyberattack-warning

I've been working with a private security company this week. Can't say who. Anthropic called them Monday night. The security company expects their business to increase significantly as governments, companies, military, etc. realize just how f**ked they are. 

Yes.

$VVIX closed below the lower band yesterday. (The $VIX did too.) The bands are flaring, which to me looks more similar to last April than last December. $VVIX:$VIX closed above the upper band for the second day running.

$VVIX:$VIX - daily and half day closed above their upper bands. (However, this sometimes updates on Stockcharts well after the close.)

CRWV gonna gap over one dtl, may meet the other one later today

Short ramp followed through beyond what I'd hoped. Careful here, supply on the weekly

FDX - MACD recycled to zero, ma's bunched up, bands tightening

BAH broke out

AMD has been flagging sideways the last two months, ping-ponging between the 50 and 200 mas and two gaps. There's a 20/50 squeeze underway. The market could take a dump and this would fall apart. But if it holds up, this looks constructive.

PL - didn't see this setup yesterday when it triggered (though did buy some PL this morning after the open). Very nice MACD kiss, Slow Stoch oversold buy. Learned that pattern from Matt and it is one of the best setups.

Volume breadth is pretty much a wash. NYSE even, Nasdaq slightly positive

CAR still a short covering vehicle. One of the ones I sold a little bit ago. May look to reload at the dotted line, depends on the broader context. Boots on the ground and all...

Sold virtually all of my short term positions on that ramp. Done for the day, I think

XOP - last week filled a gap and poked into a supply zone from November 2015, fwiw. I bought some on the backtest of the 20 ma

PFE Weekly - rejected by supply the last several weeks, now trying to push out of the zone and above the 200 week ma

I was stopped out for a small loss. Redrew the pattern. Very loose range. Ribbon is pinching from above, not sure I trust it