Danroe

Markets Enjoyer - Provider of Exit Liquidity

[Danroe @danroe_98]

Calling the local top in equities (will delete if wrong)

[Danroe @danroe_98]

@yackcap King shit

[Danroe @danroe_98]

@yackcap 😮‍💨

[Danroe @danroe_98]

Interesting $SPY close.

Reclaimed some EMAs but kept rejecting off the prior daily high — we're kind of in no man's land here.

Take back 750 and it's good to be/stay long short term.

Reject lower and lose the EMAs again and it's goblintown.

Enjoy your weekends!

[Danroe @danroe_98]

Rollover into EOD imminent

[Danroe @danroe_98]

Thesis why local top is in:

- Structure on the $SPY isn't great
- Everyone on the TL is victory lapping like stocks go up forever
- Warsh short term hawk to dampen markets and give the Fed room to manuver after letting some air out over the next month or so
- Gas into midterms

[Danroe @danroe_98]

Dev keeps tweeting about price. Zero!

Also if Memory stocks even think about sneezing we are all going to die btw.

$SPY

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says "there is no $300 billion payment to Iran by the US."

"All there is for the US is success, lower oil prices, and victory. Check out the stock market," Trump says.

[Danroe @danroe_98]

@Quanterty It's okay. Everyone on the TL victory lapping right now.

Time to let some air out of this thing.

[Danroe @danroe_98]

@MoneyPrinter0x Only strokes the ego when you're right (I'm short NVDA btw)

[Danroe @danroe_98]

Added to ze shorts. Price pushed up into the daily macro bands

[Danroe @danroe_98]

Thoughts on $NVDA short.

Daily macro trend flipped bearish. Price has already been capped by the previous highs. I'd anticipate continuation lower and will layer bids into the grey box.

Invalidation is a close above the previous highs around 212ish. I welcome a scam back up.

[Danroe @danroe_98]

@qthomp Not tin foil. Just a thinking cap.

[Danroe @danroe_98]

@qthomp Now will we get a move down to $160? Idk.

I feel like Don will have cried uncle or weaseled his way out of whatever situation he's in to pump markets back up by then.

A more likely scenario imo.

[Danroe @danroe_98]

Thoughts on $NVDA short.

Daily macro trend flipped bearish. Price has already been capped by the previous highs. I'd anticipate continuation lower and will layer bids into the grey box.

Invalidation is a close above the previous highs around 212ish. I welcome a scam back up.

[Danroe @danroe_98]

May short $NVDA again out of principal. Risk off for now thanks to Kevin. SPY closing below the 21 EMA is no bueno.

This market is a sweat fest and I absolutely hate it.

This is the area I'd look to short if it comes tbh.

@qthomp ? Run it back?

[Danroe @danroe_98]

@jbulltard1 Time to short NVDA to $0

[Danroe @danroe_98]

@Quanterty Lower high and closed under the 21 EMA. No good until proven otherwise.

[Danroe @danroe_98]

@Quanterty Ty about the only person on the TL that feels the same

[Danroe @danroe_98]

By the way, I am still overall bullish on the market.

In the short term, I would rather take profit on my positions and wait for the next pitch.

When the SPY closes below important levels, just TP and wait for the green light or a large washout to reposition.

[Danroe @danroe_98]

May short $NVDA again out of principal. Risk off for now thanks to Kevin. SPY closing below the 21 EMA is no bueno.

This market is a sweat fest and I absolutely hate it.

This is the area I'd look to short if it comes tbh.

@qthomp ? Run it back?

[Danroe @danroe_98]

Will the vol controllers step in and save stocks before close? @Tyler_Neville_

[Danroe @danroe_98]

TBH rates unchanged but Kev is gonna be nice and dovey today. Rates will come down. Too much hawkish positioning on that front and I think we ride higher.

It's America's 250th Birthday people! Cmon! We have the Midterms too!