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.

TRUMP JACKS IT UP. TACO TUESDAY PROBABLY

Use the levels to buy support. Going against this gravity is going to blow up accounts and your friends just fully invested in the indices will outperform you while paying no attention to the market.