I think Amzn will make number but a cloudy outlook will cater both them and market

Silver likely to grind around for a while as it digests the recent big plunge. I will post an update on the metals asap.

I still think there’s a decent (decent, not great) chance that the XSW trade could play out. However, it will most likely entail… 1) AMZN earnings tonight not being the catalyst for the next leg down & a clear break of the key Oct 10th lows in QQQ & SPY (T1 on the QQQ swing trade, which was already hit.. also bottom of the SPY & QQQ trading ranges) and 2) MSFT regaining that primary uptrend line, which has been taken out today.

I cant see AMZN really moving market after earnings….but I have been wrong many a times…..but @randy based on seeing on the left side of this chart, red/green trading volume, do you see a fairly quick move down to the $583 levels? I know anything is possible but what is your feeling?

I know, I didn’t take your comment as a complaint or negative in any way. I was hoping QQQ would hang out on that support a little longer, but unfortunately (for you guys, at least) it popped hard & fast.

If you see my comments in the chart I just added to this comment thread, there’s a decent chance QQQ might want to make a run at a partial or (near) full backfill of today’s gap, although the R/R isn’t nearly as good to enter now as it was at the lows when I made that first post.

Help us not miss zsl move to 3.8

Another GREAT DAY CALL. KEEP THEM COMING

@randy, don’t get me wrong, I love the day trades, please don’t stop. this one just poppled really quick.