SPX 1hr - I watch a YouTube guy every night that repeats the same setups over and over and over again. Essentially, the anatomy of a trap...but he does it in the context of the current index charts.  When there's a lot of bearish momentum, he says the normal 2 try failure / trap patterns often requires 3...and the 3rd has to go lower than the previous 2. The trigger is the 1st green candle when the broken level is taken back.  It's setting up here. Trigger would be a solid green candle above 5139 ish (I think most people with standard setups wait for the break above 5156....but that's where I'll be looking to sell (if it triggers)

He uses tick charts...very short term, but it is fractal, IMO

I know - this is cutting edge, groundbreaking TA.

So Monday will be green? 

My 1st reaction is to advise people against real estate in general....especially residential. But, do you know the quickest way to lose a client, especially if it's a female or  a wife involved?  Advise that real estate isn't necessarily the bullet proof investment it's cracked up to be. Might as well say that white wedding dresses are inappropriate, drop the mike, and walk out the door.

SPY 2m, MACD Divergence

It's pretty when you draw it like that!  That's a work of art worthy of my bathroom   

Kanuk...istan. Our neighbors to the North. 

Major stops triggering in my accounts. Now the market is clear to rip higher     

Love hearing this...especially since I'm basically trapped long for life. I could neutralize exposure, I suppose, but it would be a massive pain in the ass!  

3000 calls purchased on the SPX 5250 strike for Monday already today. Why not? Force the dealers to buy just in case you're right. 

Haha. Yeah, if we go much lower we're definitely going to have emergency Congressional hearings on evil short sellers. 

Don't be an A.  I think it works better on the downside. It's like catnip for the bulls on the upside. 

Hopefully no one took that trade without 1st reading the "But..." part   

SPX 15 min - I just got a MACD buy alert. But remember the Kiss setup (1st kiss after cross is a good shorting opp)?  It has that look. The question with this setup is always:  will it kiss or will it cross?

Correction, this alert based on MACD with 12, 26 (standard settings)

Internals, specifically VOLD, don't suggest hidden strength.  The VOLD ramp we're seeing Tuesday and today is basically a black swan event relative to the last 5 months or so. Most of the time I look at my internals page on down days and VOLD is either just slightly lower or actually higher.  That said, I learned what I know about this indicator from SMB Capital, and they say that 3 is kind of the number where things are serious (positive or negative 3)...we spent the whole day around -4 on Tuesday. 

I accepted a job offer in Singapore almost specifically because it paid enough to where I could aggressively pay down my student loans. I buckled down and cut my budget down to essentials for almost 2 years while I hammered the payments. It was painful, but I borrowed the money and felt obligated to pay my debts. In hindsight, it was kind of stupid. 

The student loan thing is crazy. I think either Bidens handlers are taking advantage of the fact that he's not really all there anymore and doesn't remember what the Supreme Court said and keeps saying, or they just don't care anymore (laws and judges are definitely fungible in America these days).

Yeah, Shellson scored for us. Thanks! 

Haha.  1 million % agree with this assessment, but this market been divorced from rational thought for a long time now. Even if there are glimpses every once in a while, most people don't know or care about underlying valuations anymore...and they often get rewarded for not caring. Just say SpaceX and they'll lose their minds (clearly).  Gambling nation.