Thx.

A solid daily close below this uptrend line off the Jan 14th low (daily chart) will provide the next objective short entry/add-on for META with an intermediate-term swing target of the 200-day MA’s & 545ish support.

I’ve also included my 60m chart below which has an alternative version of the uptrend line off that Jan 14th low (recently broken) and some additional support & resistance levels.

Sure is. Not spot. META has been the strongest of the lot (Mag 8 or so stocks) & certainly offers an objective short entry here with stops in line with one’s preferred price target although I wouldn’t take too large a position until & unless QQQ & /NQ solidly fall back below my green lines (now support) on the 60-minute charts I’ve been posting. So far, that’s where today’s pullback was contained so pretty much we just need a solid & sustained break below today’s lows.

thanks Randy

Treasury bonds, both IEF & TLT, are in a choppy, near-term trading range & I don’t have a strong read on the near-term direction so don’t want to bother with a chart although I will say that IEF remains near the top of my ORANGE zone. The longer and/or deeper it remains in the ORANGE zone, the greater the impact it will likely have on the stock market, especially if IEF drops down into my RED zone.

GLD remains in a solid uptrend & snapped back above this uptrend line following Friday’s breakdown to put in a larger divergent high. No sell signals at this time but the next break below the minor TL & then Friday’s low would likely take it down to the targets shown by the arrow breaks. 60m chart below.

USO crude continues to offer an objective long entry following the recent 60m divergent low & downtrend line breakout as well as any pullbacks to this uptrend line with a stop somewhat below it