Update: Backtested the neck line so far. Good spot to take a shot with a tight stop. 

Gold futures 60 min chart. Looks like a slanted IHS. Measures up to the 1993 area.  Supply zone around 1960/1980. In the zone now. Matt/ Steve please correct me if I’m wrong on the SZ. 

Means it sucks for bulls lol

Another fishy situation is QQQ up while Dollar up strong and 10YR. Couple weeks ago market would have puked with this backdrop.

Nq 5 min wedge to monitor. 

ARM starts trading at 10:20 am. Quotes to watch it fly above 100 before we can buy start at 10:10 am lol

Hahaha true. And now he’s done for the season. 

Be aware of this head and shoulder set up on Gold futures.  60 min chart. Filling out the right shoulder now. If it plays out will resolve itself early next week and could get Down around 1900. Might dip in the high 1800s. 

Nq 5 min. Bearish looking wedge IMO. 

Surprised gold is still holding up. Dollar and 10yr poppin

VIX almost green.

Aapl 60 min. Shooting star setting up evening star pattern possibly. 

M top?? Slightly higher high on ES 15 min with macd and rsi neg divergence. 

Nq 5 min. Could just be an abc pullback from the highs this morning or zooming in to the 5 min chart could be an abc bear flag type action. Leaning toward the 5 min bear flag. Took a long overnight and closed out taking a shot at short at the top of the flag area could give 100 points 

Watching the same thing. 

Vix unsmashing now. 

Yeah, today definitely got everyone’s attention. Especially after that massive report on nvda. 

Update 2: price is quickly approaching a support area. Previous neckline of ihs posted last week at 14800. Good 200 points out of that bear flag posted earlier. 

Nvda giving it alllll back. 

Update: Nice 100 points down so far.