My $NVDA chart from Dec and Jan vs today!!
I said itโs a matter of WHEN not IF!!
Got all targets and even lower ๐ฏ๐ฏ
Meanwhile everyone loading up calls at 140 and calling me crazy
$SMCI $NVDA $AMD $TSLA $AMZN $AAPL $SPX $SPY
$NVDA Glad I didn't load this up yesterday
Below yesterdays low - looking at 125 major support
Upside resistance at 130-132 and 136
Not sure if my major sector rotation thesis is starting play out that I mentioned from few months ago or this is just a pullback but time will tell
@octopushawarma 2 knee surgeries and a broken finger thanks to BMX, padel, and excessive competitiveness. Pretty much played every sport you can think of. Diving/swimming and the gym are my safest activities right now ๐
Further details available exclusively for nosey people
The markets dynamics are constantly changing - what was once valid 10, 15, 20 years ago no longer is
Influx of retail, algorithms, options and more have all evolved - go look at the chart and see how itโs changed over the years
You need to always adapt and learn no matter what
Itโs really sad to see many beginners or even advanced traders fall into the trap of none-sense on X
Donโt believe everything you see, people are obsessed with appearing right rather than actually being profitable
Flashing profits, selling strategies and calling tops because thatโs what sells their service. Yet they canโt even read basic price action
The art of trading is beautiful when you master the discipline of being alone just you and the chart - trust the process
$SPY $SPX
If you longed majority of the rally and still longed and lost today - with proper risk management you would still be up 90% of your profits at least
If you lost it all today - you have bigger problems to worry about than a red day
I always trade with days like this or even worst in mind because Iโve been through them $SPY $SPX
Patience is key - hard to short after more than 2% down on the day $SPY $SPX
Not adding longs here since $VIX is too high
Will monitor by close + globex Monday and evaluate
No panic here if you size correctly and be patient - in fact this drop is a gift
Have a great weekend everyone!!
Sliced through other supports - major one here at 7400-7430 area $SPY $SPX
Not adding calls until $VIX cools a bit - options priced higher right now
I did dabble in a quick short scalp
Sliced through other supports - major one here at 7400-7430 area $SPY $SPX
Not adding calls until $VIX cools a bit - options priced higher right now
I did dabble in a quick short scalp
No trade - only starter longs at 7505 $SPY $SPX
Selling is still controlled - although lot of upside resistance - need above 7525 and 7536 both could be short scalps
Potentially looking for something like this if sell weakens down there
No trade - only starter longs at 7505 $SPY $SPX
Selling is still controlled - although lot of upside resistance - need above 7525 and 7536 both could be short scalps
Potentially looking for something like this if sell weakens down there
As I mentioned yesterday going straight up into the 7582/7600 level with no pullback does not favor continuation $SPY $SPX
Weโve pulled back below 7550/55 area which is todayโs main pivot
Main test will be 7525 and yesterdays low at 7500-7510 if we get there
As I mentioned yesterday going straight up into the 7582/7600 level with no pullback does not favor continuation $SPY $SPX
Weโve pulled back below 7550/55 area which is todayโs main pivot
Main test will be 7525 and yesterdays low at 7500-7510 if we get there