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Will The Market Go Up Or Down?
In this video, we discuss today’s wild sell off that seemed to come out of the blue. This is the first sell off we have had in a while, and we flushed hard across the board. I can’t say it was totally unexpected as we are extended and knew it would happen sooner or later. As far as the SPX is concerned, we did stop at 4700, which is a solid support level and a good sign. Is this the start of a correction or an opportunity to buy the dip?
Buy The Dip?
Earlier this week we made a plan to buy a dip, should there be one. Remember the level? Almost there. Let’s rehash in tonight’s update.
Window Dressing & Earnings Setups
Right now these are the same setup. Focus on uptrends, strength gets stronger and wait for a pullback to buy into.
META Making Profits & Targets
Last week, I discussed a buy setup in META. That setup has now made multiple targets, and is still going. Let’s discuss where I think it’s going next.
Groundhog Day?
Yep, Buy the Dip! Yet another high for the move. Day after day, week after week it’s the same routine. Buy the dip until it slips and it isn’t slipping yet.
Is It Time To Give Up On TSLA?
All Too Well
Another big up week in the market, especially in the bottom of the barrel stocks. Is next week as easy? Let’s review the setups.
OpEx Changes Nothing
The OpEx phenomenon is one that is driven by size—open interest and volume—and that flow is unique to the session. Come next week, it’s back to the trends that we’ve been focusing on for weeks. Stay the course.
The Thrust That Brought Us Here
