Tuesday: SPX -0.16% / NazQuack -0.71% / Dow +0.11% / Qualcomm -13% / SOX -5% worst in 7 months
Correction lasted the morning, then turned around: SPX and Nazquack already premarket-running for NATHs again
RUT pushed BB high to low / MACD-V extreme at the reaction / no Pulse Bars yet / narrow ranging day suggested by daily
GEX 7,400 / 7,450 / 7,500 frame the day’s potential range. Warsh sworn in. December hike odds 30%
SPX 7,412.84 Monday ATH on 37.8% breadth / NazQuack 26,274 / RTY 2,868 / Dow flat
SPX MACD-V divergent, histogram shrinking, out of the continuation-threat window / small corrective move possible
RUT fresh bear TnT just printed / Bearish Below 2,881.69 / target 2,825.30
CPI at 8:30: consensus 3.7%, Cleveland Fed nowcast 3.56%, Wells Fargo 3.8%
Thursday: SPX -0.38% / every sector red / Energy -1.95% / Iran “reparations” demand undid the peace trade priced Wednesday
Pattern continues: push higher, MACD-V extreme, tiny correction without lower BB tag, then woosh higher / question is how long
RUT flipped bearish on the system / close to lower BB / new setup could develop / SPX bullish swing intact
NFP 8:30 ET gazumps the week / consensus $75K-$120K / ADP +109K / Phil away for long weekend
SPX 7,365.12 fresh ATH +1.46% on peace rumour / Nasdaq +2.02% / Dow +612 / ES NQ RTY all NATHs overnight
AMD +20% post-earnings / SMCI +15% / Corning +17% on Nvidia partnership / chip cycle out-shouted Hormuz
Be the bull, trade the bull / cautious bear swing if it sets up / MACD-V still suggesting more upside
GEX migrated up: 7,350 new dominant / 7,400 secondary / 7,300 demoted to floor
SPX 7,259.22 fresh ATH +0.81% / ES NQ RTY all NATHs overnight / Dow still lagging / 7,300 GEX anchor pulling SPX up / swings flipped back bullish
RUT didn’t even give a minute to trade the bear TnT before flipping back to bullish / headache saved / MACD-V bullish extreme on both
AMD beat hard / +15% AH on top of +66% YTD / data centre +57% / bar moved with it / Disney Uber Arm today
BTC breaking rising channel toward $100K / Gold V-entry from range lows targeting $5K / NFP Friday 49K consensus
Monday cash: SPX 7,200.75 -0.41% / Dow -1.13% (-557 points) / Nasdaq -0.19% / Energy alone in green +0.6% / 10 of 11 sectors red
Tuesday pre-market: ES +0.2% / NQ +0.2% / YM +102 / NazQuack pumping fresh NATHs without a pause
SPX bear TnT continues, BB compress suggests possible sideways consolidation / RUT missed the bear TnT window, BBs pinch, may open near upper BB for new tag
GEX 7,300 new anchor pin alongside 7,200 previous anchor / range could develop between if exposure holds / NFP Friday is the week’s catalyst