DirexionIsaiah 43:2 — “When thou walkest through the fire, thou shalt not be burned; neither shall the flame kindle upon thee.”
SOXS hath been cast into the furnace, and in a single day the flame consumed the courage of the multitude.
Yet the fire that terrifieth the crowd prepareth the ground for those who endure.
Between 38.50 and 42.30, the patient shall gather among the ashes while others declare that nothing survived.
Then shall SOXS emerge from the furnace, and 54 shall stand as testimony that the
ETF market
Mvll againJob 36:11 — "If they obey and serve him, they shall spend their days in prosperity, and their years in pleasures."
MVLL — the obedient shall be served.
Those who entered early shall spend their days in prosperity.
33 is not a number. It is a completion. A perfection.
The years in pleasure await.
U.S. Stock Market Trend Quantitative Analysis Report (September Data Status: Real-time (as of 2026-09-02 14:06 UTC)
Investment View
Based on the latest quantitative model data and market news, the U.S. stock market is currently in a strong bullish trend environment but faces short-term seasonal adjustment pressure. Quantitative signals show both the market model and QQQ are in LONG status, with high-cycle trends showing Strong Long Bias, and growth style clearly dominant (GROWTH_STRONG). However, current QQQ return is -0.64% and market model return is -0.46
Research 02.09.2026🌏 Markets:
AMEX:SPY +0.71 0.09%(pre/m)
NASDAQ:QQQ -0.40 -0.06%(pre/m)
🆕 Economic News:
08:15 USA – ADP Employment Change
10:00 USA – Factory Orders
10:30 USA – EIA Crude Oil/Gasoline Stocks Change
📈 Gap Ups
Reaction to earnings/guidance:
NASDAQ:GTLB NYSE:DELL MIL:BF -B NASDAQ:OLLI
Other news:
ASX:TLX Completes Enrollment in Phase 3 BiPASS Study, Aligns with FDA on NDA Pathway
NASDAQ:SGLD 3.02 g/t Gold over 48.92 Metres from 118.87 Metres and 1.19 g/t
SPY Held Below The 765.71 Floor It Broke.SPY Held Below The 765.71 Floor It Broke.
SPY is trading near 761, still below the 765.71 floor it broke yesterday, so the range breakdown stands and it is now testing 759.13. The 4H structure is short and accelerating, but the hourly has turned up on a bounce off the low, so the two timeframes disagree on timing - which keeps a fresh lean off the table this morning even though the bias below 765.71 is lower. There is data on the clock too: JOLTS job openings at 10:00 Eastern, and Friday's jobs
SOXL Wave 2 Complete, Wave 3 BeginsIt’s been a while. Good to be back.
SOXL 4H chart. As I mentioned on July 30, SOXL completed a major diagonal pattern, marking the end of the previous large-degree wave. The current decline appears to be a Wave 2 correction, and I expect this correction to complete around the current zone before transitioning into a strong Wave 3 advance into September.
I see $123 as a major buy zone for SOXL. From here, I expect a strong reversal and a powerful rally to develop over the next two weeks.
Wishi
Green September for SPY?SPY closes August pinned at 761.6, right on the 762.34 shelf that has capped every attempt lower since the late-August rotation. Structure is still a range: 772.10 top, 764.67 as the internal pivot, and a demand block at 759.35–759.48 that hasn't been tested cleanly.
The path I'm watching on the 15m: a sweep below 759.35 to take out the stops resting under the range low, followed by a reclaim of 762.34 and a rotation toward the 770 area. Failure to reclaim within a few candles invalidates it.
$SPY & $SPX — Levels for Wednesday, September 2, 2026🔮 AMEX:SPY & SPCFD:SPX — Levels for Wednesday, September 2, 2026
📊 Key U.S. Economic Data (ET)
8:15 AM | ADP Non-Farm Employment Change | Forecast: 47K | Previous: 44K
⚠️ For informational purposes only. Not financial advice.
📌 #ADPEmployment #JobsReport #SPY #SPX
Gold Miners ETF (GDX) Zigzag Correction In ProgressShort‑term Elliott Wave analysis in the Gold Miners ETF (GDX) indicates that the cycle from the July 17 low has ended as an impulsive advance, with wave ((1)) reaching 105.74. The ETF has now begun a larger‑degree correction in wave ((2)), unfolding with internal subdivision as a zigzag structure. The initial decline from wave ((1)) produced wave 1, which ended at 101.5. A rally in wave 2 followed that reached 104.78. Selling pressure then resumed, and wave 3 pushed the ETF down to 94.58. A subs
Wave 4 of 5 of 5 we have 5 of 5 still 8/29 9/3 TOP The chart posted is the spy as I see the wave structure that has formed . I have two cycles now into 8/29 to 9/3 and the next spirals grouping . I would wait for the puts until we print 783/791 focus 788 into the next cycle turn best of trades WAVETIMER
QQQ Daily Close — Sep 1QQQ Daily Close — Sep 1
QQQ closed 707.64, down 1.27%, below both the 5-12 and the 34-50 cloud. That's a 34-50 Break, and it follows a week of failed pushes into the same cloud from underneath.
The setup for it was in late August. Every rally into 715–722 ran on modest volume — No Demand into resistance. When buyers won't expand volume at resistance, the level below usually goes. It went today.
But look at the bar itself. Open 707.39, close 707.64. The entire loss was the overnight gap; durin
SPY Daily Close — Sep 1 2026SPY closed at 761.78, down 0.69%, sitting right on the 760.57 breakout shelf it cleared at the start of August. First clean retest of that level, and it's landing on the Ripster 34-50 cloud at the same time. Two forms of support in one zone.
The bar is a doji. Range came in at 5.19 against a 6.30 ATR, so 82% of a normal day, and the close finished mid-range. Volume was 39.58M against a 38.7M average, which is 102% relative volume. An average day.
That number matters for how we read this. What
DBC - Inverse Head & Shoulders Approaching Confirmation With oil's breakout and many energy stocks nearing major breakout levels, it is important to take a look at DBC, the Invesco DB Commodity Index Tracking Fund.
DBC is one of the largest and most widely held broad commodity ETFs. Rather than tracking a single commodity, it holds a diversified basket of 14 futures contracts spanning energy, metals, and agriculture, including WTI crude, Brent crude, heating oil, RBOB gasoline, natural gas, gold, silver, aluminum, zinc, copper, corn, wheat, soybeans
Is SPY Turning Bearish?Sure it is ladies and gentlemen. We have the 4hrs TF turning bearish and the Daily will also be bearish next week, it will be nice to see a bounce on the 4hrs TF to test recent highs and fail that will confirm the Daily change in trend direction with targets below $745.00,
We'll see how it plays out next week.
Buckle up ladies and gentlemen wild rides are coming next week.
Play it right..................Play it safe...............Play it The Numberfive Way.
Boost................Follow.......
Semiconductors Setting Up Base As Macro Fears CoolTaking a close look at the RIGHT chart, we can see a classic inverse head and shoulders base forming. What makes this structure especially interesting is the nesting. Inside the broader right shoulder of the main pattern, price action has carved out a smaller secondary inverse head and shoulders.
This type of pattern within a pattern often signals that buyers are stepping in early and absorbing selling pressure before the larger breakout unfolds. When the smaller structure resolves upward, it c
USO - Oil Fund Breakout Following in line with the breakout on USOIL, the United States Oil Fund is breaking out as well.
This one is particularly interesting. Ever since the breakout in March during the US-Iran war, USO broke above its multi year resistance between $85 and $90, which is a level that had held as significant selling pressure since 2022.
During that same period, USOIL broke out above its own multi year resistance, which I posted about here:
This is important because once oil reached its recent high,
BBC | Continued growth ETF- Timeframe: Weekly
- Trade type: Buy stop order
- Price: 53.69
- Take Profit: Open
- Stop Loss: 51.66 (-3.80 %)
Idea: Long on a breakout above last week's high - bullish momentum continuation.
Entry: Buy stop above last week’s high.
Stop-loss: Below the low of the same candle.
If the weekly candle closes below this level, the trade is invalidated.
Take Profit: Trailing stop following the lows of new weekly candles.
Why you trade the RSI wrong - SPY as an exampleSo... why do you (general you) lose money trading?
Most of the individuals whom I've taught have only a superficial understanding of what they are actually doing.
It's like watching an university student tell me they can operate on a person because they saw on tiktok and uses a knife all the time.
J. Welles Wilder Jr.
If you don't know that name and have traded the RSI - you are the exact person I am describing.
Okay - for those of you know - What are the five principles that he talked
QQQ: world-class basket, ordinary entry - HOLD 54/100HOLD / WAIT - 54/100. Great asset, ordinary entry.
QQQ closed 31 Aug at $716.76 (+0.05%). The basket is world-class; today's entry is not.
WHY NOT A BUY TODAY
- The Fed is discussing a HIKE, not a cut. After Warsh's hawkish Jackson Hole speech on 28 Aug, September hike odds jumped from 35% to 59.7%. The 30Y Treasury sits at 5.32% (a 19-year high) and the 10Y at 4.74%. QQQ sells long-duration cash flows; multiples do not expand while the discount rate climbs.
- No trend at all. ADX(14) = 11.94,
SPY — Sept. 1 Market PrepYesterday’s late recovery has now been decisively rejected.
SPY is around 763 premarket, which means we’re not merely testing yesterday’s lower structure anymore — we’re trading beneath it.
That changes the battlefield.
The first thing I notice on your chart is the amount of resistance now stacked above price:
~764–765 → first repair zone
~766 → next structural recovery
~767 → current major pivot / projected area
~768–769 → stronger repair
~771 → significant upside hurdle
So Blue isn’t impo
SPY - Back At The Floor With A Data Print On The ClockSPY - Back At The Floor With A Data Print On The Clock
The S&P 500 ETF is opening soft near the low end of the two-week range that has held between roughly 765.71 and 771.58. This morning's dip under that floor is a pre-market print, not a settled read, so it does not count as a break yet. The daily picture still leans constructive, and the level that would actually change the posture is a confirmed close that holds, in either direction. There is also a scheduled risk on the clock: the ISM manu























