Took some time to warm it up ... gonna wait till i start adding to shorts.

Looks like a W on the daily...should be good to juice the green.

Knee jerk looks green AND there will be more hikes ahead - what difference does it make if they are in Sept or Nov ?  Let's see how green they can get it before the rug pull.  Meta gonna tank but not sure about NOW, they are printing money.

I only see 1 scenario.  Hike and continue.  They would be fools to do anything else (even though the market wants it).  Will gladly take a 1% drop in the SPY as well.   Since we've been mostly red all day, I'm expecting knee jerk to be green followed by sell off - which as we know could be tomorrow as well.   SPY has been hanging around that 61.8 fib at 4555 all day.  

What did they say ?

Really ... WFC couldn't wait 2 days to announce a bloody buy back ... just my luck.

4664 ?

IB will remove it once every 6 months if requested.  Not sure about other brokerages but imagine it's similar.

I re-shorted  WFC yesterday and I think it could keep getting better into tomorrow.   Obviously threw in the towel on ISRG and META after they lost their STS yesterday and  now short them both.   Now just adding to SPY and QQQ shorts based on the great stuff you guys have been posting.    Best case we get at least some form of short term top into tomorrow.  Worst case, it takes another 2 weeks to happen.

What was the Mike Wilson capitulation deal ?  

Matt - Just started newsletter and funny that I got a sinus infection and you sound just like me.  Go easy on the coke bro.  Those cold drinks are brutal on the sinuses. :)

I just like to break Matt's balls.  I truly hate it when any analyst or service I pay for technical advice plays both sides of the fence AND THEN touts the things that fit the side of fence where things go.    OMG how did you know?  That would be genius but some of us are smarter than that.   After following and paying for servcies like BPT for 2 decades that's something I have very little patience for so I call a spade a spade.  Having said that, the reason I've been here for over a decade is because the analysis at BPT is the best.  PERIOD.   I think it's important for new members to know there are people like me that keep it real and like I said, I just like to break Matt's balls.

MegaCap tech is about to KMA.

Stick to your guns Matt... stop with the wishy washy .60 cent BS.   My 2 cents.   It's gonna tank.  Like you got wicked ass systems and you tout the heck out of them and how great they are and how many times they held their STS and then you get wishy washy when they lose the STS ?  c'mon man.

ISRG and Meta have closed below their STS.

Well ISRG is gonna lose it's STS short of a hail mary and looks like META is gonna be a close.  But if the QQQs start losing their STS' in this fashion it might turn into shooting fish in a barrel and we can use the Nasdaq 100 chart sorted by % above STS for the next ones.

Will look to add to SPY,QQQ shorts if SnP can get up to next range Stave posted ~4569.   ISRG and META are now well below STS and I'm under water, if they continue and close below I will be flipping the script short in a big way.

4555 cash being tested again ... ready to break through ?

Closed my TSLA short this morning.  Have been adding to ISRG and Meta...gonna be a make it or break on these 2 by EOD I reckon.

Interesting coincidence that the 2 long QQQs (ISRG,META) I started getting long last week are the 2 Nasdaq 100 stocks closest to their STS.   I was able to quickly ascertain that using the STS tables just now to see if I was missing any others in this ball park - looks like these 2 are the closest and AMD is not far behind.  Will be interesting to watch these this week.