Red Zombies for November (vs White Rabbits) – markets doing SFA whilst Uncle Russ leads lower
VIX nudging higher nervous tic, oil developing lower high targeting below $60, gold stalling sideways
SPX/RUT bearish breakouts waiting for targets or range continuation, Tag ‘n Turn setups queued
Economic calendar packed this week IF government shutdown doesn’t scrub data releases again
Amazon rose from dead +13%, Apple conjured guidance +3%, Meta’s ghost haunts tech -11% worst drop in 3 years
$16B crypto expiring at witching hour, Powell’s trick “maybe wait a cycle” spooks markets
Uncle Russ in shallow grave, Nasdaq howls at moon, SPX/RUT new bear breakouts activated
META Monster Mashed, Netflix buried bad subscriber news with 10:1 split announcement trick
Fed cut rates, ended QT – markets unfazed until Powell dropped 1 sentence at 2:35 PM
“December cut is not for sure” – rate-cut odds crashed 95% → 65% in minutes, trillions moved
Uncle Russ and Dow fell hard, SPX rebounded, Nasdaq fuelled NOS and closed green
Mag 7 chaos: Google moonshot, MSFT fell, META crashed post-earnings
Fed Day arrives whilst rest of week’s news cancelled for Big Brother Government Shutdown Edition
Four indexes diverging spectacularly – Russell stalled, Dow exhausted, SPX slowing, Nasdaq caffeinated and partying
Crude slipped past $60 level, Gold reacting off AVWAP – push to NATHs or sideways grind incoming?
Bull bulling, bear bearing, collecting theta whilst waiting for moments to pounce amidst chaos
NATHs holding for now, Uncle Russ’s expanding triangle pattern precursor for other indexes potentially
Patient RUT wait validated, SPX flip-and-rip missed – saved frustration of bear/bull/bear/bull flipping
Premium Popper divergence (SPX higher, RUT lower) affirming BTRSTN possibility beautifully
Gold flushed to July AVWAP, likely April-style rest period rather than automatic buy
Pivotal week featuring Fed rate cut (fully priced), massive tech earnings (Apple/Amazon/Alphabet/Meta/Microsoft), Trump-Xi meeting
Overnight futures popped higher on trade deal news – run-away gaps defying gravity again
Friday’s patient stance proved perfect with hindsight – same approach for Monday
Gold dropped $50 overnight despite excited bugs, only crude oil behaviour looks remotely normal