All eyes are on the S&P and Naz walking the tightrope. No one is watching sleepy Uncles Dow and Russell, and they haven’t finished falling. Above 7850 or below 7800 settles it.
...The SPX bull breakout reached its target and the Tag n Turn tool is flat again. A bear setup has already flagged, and it’s tipped to skip. Meanwhile 2 indexes print new highs and 2 don’t. Same story, same handful of AI stocks.
...The bull keeps defying gravity, the breakout is confirmed, and my opinion is clearly bull shit. Today’s plan is 3 words long. Plus NazQuack at a new all-time high, 3 butterflies in under an hour and 1 missing bear.
...I’ve been banging the big bear drum for far too many weeks with nothing to show for it, and the lazy bears are creeping in on the Dow and Russ again. Last time that happened we got a Crash Upward, 12-20% straight up. Here’s why I’m accounting for one, where SPX triggers, and how crude paid me while going nowhere.
...My bear’gasm lasted the morning, again, and we are being spun around once more. SPX is back inside the range, NFP could be fireworks or sput sput fizz, crude oil has locked in a first profit, and BTC looks like it wants to join the party.
...Tag n Turn swings are back bearish, GEX has flipped negative with a huge node at 7650, crude builds a V at the range lows, and Bitcoin sits sulking between 82k and 86k.
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