Oops, you turned bullish at the top

462
Third time is the charm. I expect NASDAQ to start distribute around here. Maybe wait for some breaking chart pattern, then do something. Something very nasty.
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Like this but bigger scale. Even this took months to mature. Markets are boring.

สแนปชอต
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Didn't even care about that level eh? Like I said, caution. If you don't like this market here like me, just watch see what happens.
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this monthly candle is probably the most interesting and strong candle in the history of the market. so, it's really uncharted territory here. being bear is ok but acting like it's already a bearish chart is NOT OK.

สแนปชอต
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No way NQ turns from 30k, right? cant be that simple.
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now we have something. better than nothing.

สแนปชอต
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Unfortunately I chart SQQQ too, since I have some. Looking at 46 then 52 levels. 46 means we're back below of that 1.618 extension which is good news for bears.
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Bitcoin note. If this is not a macro bearish chart, like it goes up in a year or so, I quit trading. Although I don't trade crypto on the short side. Because I don't trust any crypto exchange in a bear market. Maybe short MSTR but it's like ultra leverage short.
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wow bounce good. it is what it is. i think two paths ahead. we make a new high and then comeback in the range. or this is actually bullish retest/consolidation and we go higher and higher. gotta wait and see.

สแนปชอต
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If this turns out to be a throw-over, good things happen for bears. But I still think it will be choppy. Could survive until the 4th quarter.

สแนปชอต
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สแนปชอต
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Closed below the line. I think weekly close will matter. close below good, bounce back bad, for bears.
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I've been thinking that NVDA probably still has legs upside. It's just too damn flat. I don't feel super bearish about let's say a year from now. NVDA is like the new Bitcoin. NVDA takes NVDA gives. So maybe if it turns out that this was just a little scare, NVDA goes this time. Maybe.

สแนปชอต
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NQ did this so many times, it feels like it will do it again. I think it's more probable but you react not predict so let's see.

สแนปชอต
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Even if that happens I believe it will be a short-lived rally only to fail slightly higher but let's see. I think market needs a real bear market but also I don't feel like this is it.
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Dropped a bit more than I thought it would but I still think we're very close to a local bottom. I have no shorts atm except a little MSTR short just in case. If it bounces like I imagine I watch to see where it fails again. I think there is no point for short-term trades now.
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I wasn't expecting a replica of April trade when I said that :D That usually doesn't work. We may see it failing right here or it really goes to the highest.
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I wouldn't worry until we make a new ATH if I was gay bull. Just waiting.

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