URA Weekly

MBLY - Reports tomorrow before the market open 

HOOD

COST

nice chart man!

These chart links with zone are SUPER helpful. Thanks! 

NVDA- Basically retested support/resistance and failed... 

Shown with symmetry target of 690 which also come close to the gap fill area of ~678

I'm a firm believer that there is and always has been a US Gov PPT (plunge protection team).  I think it's likely that one is funded under the black budget of the CIA and the FED (which isn't and can't be audited) probably also has a team working in that capacity. And I think both are relatively active on regular basis.  For example, there is a lot of on chain evidence of Sovereign bitcoin accumulation (cause why wouldn't they?).  As far as the equity market goes, the Fed flat out admitted they were buying some ETF's in the last crisis and we know they do plenty without telling us upfront. The CIA having an active PPT just makes sense. Again, why wouldn't they?  Definitely a conspiracy theory, but not at all far fetched. They've mostly admitted to it (except the CIA part). 

VIX  & SPY    2 minute      this was big help today 

24 hour trading trending in the news.  Out for comment at the moment. One thing I bet they won't consider (my fingers are crossed) is how many financial professionals will leave the USA more permanently instead of doing what I have been planning which is 5 months in 7 months out per year.  Potentially a big tax hit at multiple levels, so maybe they will consider it...

Could be. Menthor q had a post this morning about algos being under positioned.

This look is very rare...even on this timeframe.  Looks like a VERY large algo kicked in with enough backing behind it to move the entire market... potentially a sovereign? We'll never know. Just guessing.

We just went from -1.5 std dev below session VWAP to +1 std dev above VWAP in 60 minutes. Wow. 

 Popped out of the Wedges on SPX 10 and 3

SU weekly, may be ready to run again

Bond Auction - market didn't seem to hate it, but Althea seems to disagree.  That said, I'm thinking the equity market, which is mostly shrugging off a 10YY that's 1.2% higher on the day.  Bond market and Althea on the same sheet of music :)

PM weekly - the breakout

META eps after close, chart is suspect.....sky high expectations after massive move to ATH

SLV ...  flagging here on hourly 

SPY - Chart Link-

QQQ - Chart Link-

$SPX - Chart Link