I just wanted to let everyone know I’m fine although still without power or internet access (other than cell service, so using wifi hotspot to post this on my laptop). Haven’t had a chance to put hook up my desktop & peripherals as I had to move them from my office which is located downstairs (which was flooded during Hurricane Ian 2 yrs ago, although the surge didn’t make it all the way into the house this time around). Returned home yesterday as we live in a mandatory evacuation zone & been cleaning up the mess & putting things back together since then.
No ETA on power or internet restoration from FPL or Comcast yet although we should have the house, including my office, put back together over the weekend. As such, I’ll be able to catch up on the charts & resume posting analysis & trade updates then, even if working off generator power & cell tethering.
At quick glance, I don’t see much that has changed in the technical posture of the majority of key indices, sectors, & commodities that I’ve been highlighting recently. When I get some time to sit down & review the charts a bit more I will post any significant changes to existing trades and/or new trading opps that I come across. NVDA took out the downtrend line on Monday & trading slightly above the Aug highs right now but momentum appears to be slowing with divergences on the 60-minute chart in place at this time as well volume not confirming the breakout (ideally you want to see 1.5x or above the average volume on a breakout) so the odds of a failed breakout are decent, not great but decent, at this time.
More to come asap. Hope everyone & their loved ones faired okay in the storm. Thanks you for your patience.
–rp