Good morning guys!
$NQ / $MNQ in a choppy range right now. The way I'm going to play this is to wait for a flush of 813 and reclaim. It happened already, but was quite fast. Longs only above 813. Safest entry is when you make sure the low holds.
Good trading to everybody
Oil at an important juncture here. Holds support at 91.05 and rising now. Next targets are 99.78 and above we target highs at 117.83. This is bearish for stocks. Same picture for VIX, if we reclaim 20.28 it can spike to the highs. Again bearish for stocks.
Very choppy & bearish opening for $NQ & $MNQ.
Took a long at 26,345 for a small profit. Continue to watch 26,345 (only if the level holds). Also like 276 for a long - waiting for a flush below and close above 275 then longing as close as possible to the low.
Good morning Traders!
I'm watching $NQ/$MNQ 25,980 for a day trade. Preferred scenario would be a touch of grey line and reclaim of 980. But pullback doesn't have to be that deep...
Supports: 25,942, 882
Resistance: 26,100, 160
Good morning Traders!
I'm watching $NQ/$MNQ 25,980 for a day trade. Preferred scenario would be a touch of grey line and reclaim of 980. But pullback doesn't have to be that deep...
Supports: 25,942, 882
Resistance: 26,100, 160
Good morning traders!
I dont prefer entries at top for MNQ/NQ. Waiting for a flush of 25,160, reclaim and close inside the range. Longing close to the yellow line is preferred.
Resistance: 25,299, 359
Support: 25,156, 096
🦔A researcher invented a fake eye condition called bixonimania, uploaded two obviously fraudulent papers about it to an academic server, and watched major AI systems present it as real medicine within weeks.
The fake papers thanked Starfleet Academy, cited funding from the Professor Sideshow Bob Foundation and the University of Fellowship of the Ring, and stated mid-paper that the entire thing was made up. Google's Gemini told users it was caused by blue light. Perplexity cited its prevalence at one in 90,000 people.
ChatGPT advised users whether their symptoms matched. The fake research was then cited in a peer-reviewed journal that only retracted it after Nature contacted the publisher.
My Take
The researcher made the papers as obviously fake as possible on purpose. The AI systems didn't catch it. Neither did the human researchers who cited it in real journals, which means people are feeding AI-generated references into their work without reading what they're actually citing.
I've covered the FDA using AI for drug review, the NYC hospital CEO ready to replace radiologists, and ChatGPT Health launching this year. All of that is happening in the same environment where a condition funded by a Simpsons character and endorsed by the crew of the Enterprise was being presented as emerging medical consensus. The people making these deployment decisions seem to believe the pipeline from research to AI to patient is more supervised than it actually is. This experiment suggests it isn't supervised much at all.
Hedgie🤗
https://t.co/8Kg8FOrgHW
Good morning traders!
Level to watch for the open: NQ/MNQ 25,275. Wait for flush and reclaim and long > 275.
Key support 25,252 and 192.
Resistance 25,404.
Happy trading 😎
Good morning traders!
Level to watch for the open: NQ/MNQ 25,275. Wait for flush and reclaim and long > 275.
Key support 25,252 and 192.
Resistance 25,404.
Happy trading 😎
I'll be posting intraday levels for NQ/MNQ going forward. Yesterday's tape gave 25,019 as entry with 200pts upside. New levels will be posted during the trading session
The S&P 500 triggered a rare technical event today, gapping above both its 50D and 200D moving averages simultaneously.
This looked weird to me, so I did some digging.
Since 1950, this specific signal has occurred only four times. In every instance, the index faced significant pullbacks shortly after. The average three month drawdown following the signal is -9.51%, with the worst three month drawdown reaching -12.92% during 2018.
Historically this has always been an exhaustion gap rather than a sustainable rally.
Maybe this time is different.
@Partisan_12 You guys have no idea who these Germans were. If you knew what they stood for and who they where fighting you would never compare Germans to Israelis! Never!