I’m going to update both the long & short trade ideas on separate videos today & will cover MSTR & I’ll try to make a point when & when not to use MSTZ (leveraged MSTR ETF). Basically, until & unless both QQQ & SOXX make solid breaks & daily close below the current uptrend lines, it is a “risk-on” market & Bitcoin (and MSTR with it) has been trading as a risk-on, highly correlated trade along with tech stocks & the stock market.

Will touch on the metals in one of the upcoming videos, although I believe I just updated them this week. Regardless, gold & silver (along with GDX) are have been in that “post-parabolic blow-off top” multi-month big & sloppy sideways grind I highlighted as likely in past videos so I really don’t have a strong read on the very near-term direction, although still bearish longer-term (months to the next year+).

Best to wait until the SOXX, as well as QQQ, both break & print a solid daily close below their respective uptrend lines (sell signals). At that point, SOXS is likely to start rising & therefore, the decay from the 3x leverage won’t continue to distort the chart (vs. the non-leveraged SOXX chart).

I had posted a comment reply (possibly with a chart?) and covered it in one of the recent videos, highlighting the fact that the $VIX, although not moving much lately, has clearly put in a higher low on the recent $SPX new ATH, almost identical to the pattern leading up to the ATH in the $SPX before the start of the 2022 bear market.

Typically, with new ATH’s, the $VIX has fallen down or close to the bottom of its range but not then & not this time (as of now).

In the meantime you’re losing years of gains (and mucho $$$$) trying to short this.

Perhaps.. But gravity WILL prevail (it always does), despite his shenanigans.

Looks like you can’t short this market til at least Trump leaves office.
S&P 8000 minimum this year.
8200 would be another 20% year.

Hope everybody bought the 1 o’clock dip Tuesday.

I did see it. Seems like another buy the dip.

hahahaha you didn’t see the market this morning then. Brush off…. it shot up. My SQQQ and SOXS keep bleeding as I think today is the day it will correct itself.