@rsotc Hello Randy, I appreciate your thorough response and featuring this answer in the video.
Please post the email address that corresponds to the rsotc domain.
I am getting the emails that are being sent by mail10.sea21.rsgsv.net which I gather are being generated by mailchimp. Perhaps, I can get the ones from your website to come through. The emails coming from the rsotc website are not even showing in the spam folder. thanks.

Glad you brought that up. I’ll try to address this in the next video as well but here are my thoughts: The market fell to & closed on support yesterday but it wasn’t “solid” or strong support, just decent support. If that support is taken out, while “technically”, that would provide an objective short entry, the R/R is not favorable IMO as my next targets (QQQ T1 & /NQ T4 on the daily charts) is less than 2% below today’s (Thursday) low as I type. Therefore, the only objective re-entry, add-on, or new short entry I could see would be a half-decent counter-trend rally up into resistance today before those next downside targets are hit.

Great points regarding the ballooning debt-to-GDP ratio, bearish technicals, etc… As I often say (one of my many stock market Yogism’s): Those things don’t matter… until they do. (…and they always eventually do).

Great points & questions. I’ll do my best to answer all:

• We ended yesterday at support but not what I would consider “strong” support, not even close. In fact, T4 on that /NQ daily chart I posted on July 10th (and covered in yesterday’s video plus just posted in a new home page post) is much better & even “strong” support as is T1 of those longer-term swing/trend targets that I first posted back in late June (and that level also aligns with T4 on the daily chart of /NQ). Hence, I will almost certainly be going long there & more aggressively long that I will be if /NQ takes out that buy trigger I just posted on the 15m chart today.
• I don’t let most of the historical/seasonal market statistics influence my trading. We all know the stock market goes up the vast majority of the time so yes, historically strong during election years but also strong most years anyway. Besides, I think we can all agree that this is very, very far from a typical presidential election… Hard Stop.
• I watch Treasuries & corporates (including credit spreads) closely & will continue to do so but nothing I see right now changes my outlook on the stock market.
• I covered gold & silver pretty extensively in recent months, sharing my overall bearish bias based on both the technicals and recent extreme sentiment while also trading (and posting) both short & long “shorter-term” swing trading opps, nearly all profitable & hitting all of my targets. In additional to the bearish technicals & sentiment extremes I’ve highlighted recently, I think there’s a good chance that the metals, along with crypto, will come under forced selling if & as the stock market continues lower due to margin calls.
• I believe the issue where some members aren’t receiving email notifications from RSOTC has to do with some changes that were made where I have to get the @rightsideofthechart.com domain certified to prevent those emails from being blocked by certain ISP’s as potential spam. The home page post email notification are sent by MailChimp (one of if not the largest bulk email service provider) whereas the notifications & other emails are sent from my webhosting company (rsotc.com website). I’ll try to get that taken care of asap.
• Back to your first point, over the years, I’ve gotten much better at milking most or all of the big down days like yesterday by learning to spot when they are likely to come & then resisting the urge to book some nice profits when the Q’s (or whatever) is down, say 2%, which would normally be a big down day. In fact, I address just that in recent videos, stating early yesterday (or Tue?) that I would be ignoring the very short-term drops to minor support with bullish divergences & other potential buy conditions on the shorter-term charts because the ingredients were fully in place for exactly what happened yesterday. I know some of my videos are long but that is where I am able to share all those “little” but quite often important nuances in my trading plan & outlook for the market or whatever it is I am trading.

Here’s that 5 min chart from yesterday.

The trend is your friend! I didn’t see one real threat on my 5 min chart to the down trend yesterday that would cause me to switch to calls! And if the market bounces today it could be short and quick, more like a dead cat bounce. This is a very powerful trend reversal … similar to a super strong rip current! Similar to the Asian Pacific tsunami 20 years ago this coming December 26th! It wasn’t the initial wave that killed most of the people, it was the ferocious rip current that followed as the water rushed back to sea level at the speed of gravity! The weekly bearish engulfing candle on the SPX last week was also confirmed in like 5 of the 7 magnificent seven stocks on the same day! Randy’s been warning us of the devastating impact the tsunami of Pandamic money will wreck on our markets once this green ocean of crazy valuations starts rushing back to normal at the speed of gravity! Randy’s analysis has never been a question of if it’s going to happen, it’s always been a matter of when it’s going to happen! Very similar to our $35 Trillion Dollar National Debt and growing exponentially! It’s not going to end well and we all know it! But only God knows the day and time of such a calamity! Randy is a Financial Paul Revere. Let’s stop shooting the messenger. We need to focus on more constructive conversations like moving our financial houses to higher, safer ground! Any ideas on that one Randy?

Not too many stop losses yesterday … oh, I forgot, you’re a dip buyer! LOL