Comments on: /NQ & QQQ Approaching Key Support 4-10-25

By: Dkpdkp

Dkpdkp — Fri, 11 Apr 2025 12:57:40 +0000

Morning Randy-pls don’t forget to update the PMs and Gdx for me! Thanks so much!

By: EMFO

EMFO — Fri, 11 Apr 2025 11:43:15 +0000

@rsotc good morning Randy, please provide a static chart for /GC, looking too short and /Cl looking to buy.

By: Blueberry

Blueberry — Fri, 11 Apr 2025 10:38:08 +0000

Seems market is already fatigued with headlines of increasing tariffs from China. Similar with war news headlines – at first market would plunge, then ignore the rest of new war headlines as market looks elsewhere.

By: stockninja

stockninja — Fri, 11 Apr 2025 02:16:00 +0000

In reply to Mikeflegel. Yes I’m thinking calls…..Using some profits from Wednesday to do some YOLOs. Keeping it small but hoping for a nice red to green day tomorrow.

By: Mikeflegel

Mikeflegel — Thu, 10 Apr 2025 23:49:47 +0000

In reply to stockninja. Are you talking about riding it up.

By: stockninja

stockninja — Thu, 10 Apr 2025 22:26:43 +0000

QQQs should be fun tomorrow with Friday expirations. Licking my chops.

By: rugiii

rugiii — Thu, 10 Apr 2025 21:48:21 +0000

RP, Whats ur take on “ SCHMID: FED WATCHING MARKETS MINUTE BY MINUTE TO ENSURE LIQUIDITY KEEPS FLOWING”, tweet by bloomberg, some say it means QE incoming which can take markets to ATH… I know u dont follow these news, but just curious, coz we were many times close to circuit breaker and markets were saved, as if PPT is in effect, plunge protection team, its real imo…

By: rugiii

rugiii — Thu, 10 Apr 2025 21:15:19 +0000

In reply to Blueberry. They did it twice, today and sunday night, extreme close to circuit limits, is that plan to scare bulls?

By: jsunrsotc

jsunrsotc — Thu, 10 Apr 2025 19:50:11 +0000

In reply to rsotc. Randy, did you actually mean 433?

By: bigirishgeneral

bigirishgeneral — Thu, 10 Apr 2025 19:42:25 +0000

Randy, sorry if someone has brought this up, but with credit spreads widening as govt bonds underperform corporates, is there an opportunity somewhere on the charts for a reversion assuming a Fed bailout? I know your long-term outlook on long dated treasuries.

By: rsotc

rsotc — Thu, 10 Apr 2025 19:36:30 +0000

In reply to Alan. I do. I like the backtest of that key 443ish support today & suspect the Q's will rally off that level today & at least tomorrow but anything goes in this market lately so a stop somewhat below there (just out of reach of any typical stop-raid) seems prudent. There's also a decent (okay, but not great) uptrend line off Tue's lows on QQQ best drawn on the 15m chart in which a stop could be set somewhat below (the TL comes in with the 443ish support. Wouldn't surprise me if they tried to run the stops under 443 & with volatility high, stops should be fairly wide & position sizes fairly small right now, IMO.

By: rsotc

rsotc — Thu, 10 Apr 2025 19:32:12 +0000

In reply to Dkpdkp. Will do asap. Just got back to my desk so I'll review the charts asap & post my thoughts. Might be tomorrow since I'll be shutting down after the close today.

By: Alan

Alan — Thu, 10 Apr 2025 17:23:15 +0000

Randy, you still like this trade with QQQ’s holding above 433?

By: Blueberry

Blueberry — Thu, 10 Apr 2025 16:52:04 +0000

In reply to Blueberry. Oh never mind it's telling you what levels it will halt trading. Just thought it was weird for it to appear on the News feed.

By: Blueberry

Blueberry — Thu, 10 Apr 2025 16:49:40 +0000

What is this? Circuit breakers already triggered?

By: devnat

devnat — Thu, 10 Apr 2025 16:21:58 +0000

Market just sliced through QQQ support at 443 :(

By: B-Right

B-Right — Thu, 10 Apr 2025 16:21:27 +0000

Q’s next stop at 429 ish ?

By: Dkpdkp

Dkpdkp — Thu, 10 Apr 2025 15:54:43 +0000

Randy can you pls update PMs and miners? Miners look like they’ve decoupled from the GSM? Thx