Usually better to go against Tom Lee and the TV talking heads who sounded bearish today.  Most QQQs still above their STS.   Hoping we gap red on Monday then take off until we hear from the Fed and then seasonality can be my guest.  Short TSLA and Banks.  Long ISRG, META.

Major Tom Lee signal.  Take heed !

Meta bouncing just above STS.

Or continue head fakes and stay flat.  Personally I hope we fall through the floor.  But I have cheap 459 calls for Tuesday in case somehow we take off.

Taking a short in TSLA on the bounce.  Likely continues lower next week.

Looks to me that the market wants to break to upside.  Opening long ISRG and META.

WFC puts entered yesterday working out.

ISRG going to open near it's STS.

I think it's safe to say Wave 4 has began .. hopefully it continues through next week.  I still think the banks are a good short into next week.   WFC 45 put for next Friday is $0.10.

hmmm sold my TSLA and DDOG shorts too soon but still got my ZS.

Looking for opportunities to pick up Mega 7 names on sale above STS for bounce plays but may not see the bounce till next wk.  I'm expecting banks and financials to pull back next week - opening a short position in WFC and will add on strength through tomorrow.

agreed

Perfect ... i think selling is done for today.  Wait for the bounce then will re-short via SQQQ Aug Calls and July 31st SPY 450-440 put spread.

Absolutely.  Hike next week and one more this year - 100% - where can i bet on that ?

I'm expecting sideways to slightly lower action through Opex and a sell off next week.

lol...got my popcorn ready !

btw ... Tom Lee did make an early morning appearance today  JS

Looks like it may have been now :)

4578 - 4558 appears to be 20 points indicating a symmetry break.

Looks like the answer is in.  Matt - how's that symmetry target measuring ?