James, thanks so much for the explanation!  Very helpful. 

Thanks, Steve. This is what I was referring to.  Trying to figure out how to use the STS system. I’ve just been listening to the newsletter and following Community. Never fully warmed up to DVT or STS. Listened but didn’t use fully.  Seems like this New Long may have been misguided. 

Sincere question, am I reading the STS system wrong? ( I’m not that used to relying on it). KOLD was listed as a “NEW LONG” but is down 12.5%. STS is 16.3 and still pretty far away. I MUST be doing this thing wrong. Someone, please help. Thanks!

Crunch time!

Yes, please. We understand you are trading, too, and have limited time,  but I get confused sometimes and go the wrong direction. I listen carefully but don’t always understand the shorthand. I thought you were calling another big short from the supply zone. No worries. Your advice paid big time on yeaterday’s short!  Thanks for all you do, Steve and Matt!

Thanks, Steve. 

Please Clarify, are we expecting a 5th wave bounce IR a drop at Supply Zone?  Thanks.                              “ A supply zone is the price area at which the traders usually sell. This area is present above the current price, where the highest selling interest or potential. When the price hits this level, the unfilled orders get completed and bring down the price. Sep 30, 2022”

Thanks, Fred!

Wall Street Preps for Year-End Stock Rally as Volatility Plunges

That Bloomberg headline should be the nail in the coffin in this mega bear rally!

I made so much money today, I decided to “trim and trail “, sold half. Will add back in am if still roaring upwards, or buy back in lower if corrects overnight. Great day. 

Thanks, Fundamentalvalues!

Matt, That makes QQQ target about 313?  Are you holding overnight?

Thanks, Matt. I needed a target. 

Thanks!  I can’t figure the target for the QQQ, or next gap up. Can you help, fundamentalvalues?

Thanks, Matt!  Between you and Steve, you are filling my wallet  today!

Thanks, Steve!

Big picture, may have a little more upside, but very close to downtrend line. 

ADM finally ready to launch or more drift down?

Preach it, Brother!  Wise words!  I really appreciate your commentary, fundamentalvalues!

Good words, Matt. I have been through the whole roller coaster. “The thrill of victory and the agony of defeat” this year. Consider me humbled!