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We are bottoming for the month tomorrow, but looks like more downside in May

Yeah well gapping is never the way for any markets. What happens this week is how you get the market to fall. This gap will get filled

Nikkei is down 2%. Every day this week has gapped up and then faded. Wow from QQQ 442 on Monday to possibly below 420is the biggest weekly swing in2 years. either it will magically all recover over night or we will see a nice green candle tomorrow morning. Looking forward to a nice green swing...

Well the QQQ gap at 425.61 finally got filled. I have no idea what happened at 2:45 today. That was a strange body slam. You know there will be a big pump coming one of these days to ruin everyone's puts.

QQQ was 377 when this was started. Still a long way to go. Even if it's going down, it still will be met with a ton of saves, mini V's and dip buying. You have to watch for it to always retrace and tag certain levels. It's never a straight ride down. Just to go from QQQ 430-426 is already an...

I honestly have no idea what your'e even saying.

I still think the important thing was the market fell on it's own weight. Not because of the Middle east thing. The fact that it actually didn't leave a gap is huge. For it to selloff it needs these type of red candles. Everyone is obsessed with futures and overnight gaps, but the real deal is...

Something is different about today. The price action, the tape. The way it fell through the 430s pretty easily. The fact that there was no V. It felt more like 2022. Where even when it would rally it would drill more. I am close to looking wrong. 426 is inevitable here. The 50 day MA has been...

This is the first real selloff in FOREVER.As I said in my other post, this feels much different from all the fake drops all year. Even I had to buy puts today which is rare. Q's heading to 426 next

This is the first real selloff in FOREVER.As I said in my other post, this feels much different from all the fake drops all year. Q's heading to 426 next

OK. This is actually the first REAL selloff in 6 months? Feels like even a year an a half. The fact that it actually gapped up and faded with a real red candle. QQQ more than $10 from top to bottom. And it actually feels like a selloff. I'm not here to BS you, today was so different than even...

After a huge pump, it's faded, but today is a Monday so I doubt it will close red. That 50 day moving average on QQQ is impossible to defeat. You have the best goaltenders in the world protecting that level. So slight up is your winner.

LMAO. So wrong. I mean we'll see how the market trades on it's own, but no the situation in the Middle east has zero impact on the markets as I told you. Futures actually opened green.

Futures opened green. You guys will never learn with the doom and gloom. Wasted energy worrying. Market will do what the market wants. No such thing as a black swan in today's market.

Don’t care about Dow, but SPY/QQQ will fill whatever gap is left from tomorrow (if there’s even one). This is 2024, not 2022. Market doesn’t move like that anymore.

No! The market already is open long enough with so much chop and dead time.

That’s just not how this thing works lmao. In what world does it just work like that? Obviously you haven’t been paying attention the past year and a half. If there’s even. Shallow dip on Monday it will be fought off and green candle. You know the market doesn’t like leaving weekly gaps. By...

Wow we are at levels not seen since Wednesday. Still closed above the 50 day MA. Still above the close from Wednesday. Just a lot of chop this week. QQQ had it's third red week in a row and they've all been really shallow drops. A whopping -2.20 this week. The vix did rise a bit today. We...

Again we've never had this type of price action before, where the drop comes with the automatic V. There is literally a V coming with every drop. Usually it's pretty instant, but sometimes it's the next day or 2. I fail to see how this ever changes. This week inflation report Wednesday- Big gap...

It's comical. Drop on inflation yesterday and immediate V today. You literally can't lose buying any of these free money dips.