Thanks so much Randy

Thanks a bunch. I did see that call, it was excellent. I took some off and added back in at 53k, took a bite at some more here at 46k. Cheers.

Sure. I posted Bitcoin as a new short trade on Nov 11, the day after it topped, here in this video: https://youtu.be/aR9HZVp6BC4?t=393

GBTC hit what I stated was my minimum swing target (41.53) today for a ~20% gain with a brief momentum-fueled overshoot followed by a snap-back to close right back on that key support level. As such, I favor a bounce next week. Not sure if you trade GBTC, Bitcoin futures or the crypto directly but here’s my 60-minute chart of /BRR (futures) with a couple of bounce targets & how it think the trade is likely to play out.

Yes, /NG still offers an objective long off the 4ish support level with the bullish divergences still intact for now but with stops somewhat below as it is still on an intermediate-term sell signal following the recent primary uptrend line breakdown & divergent high on the daily chart. 120-minute chart below.

Sure. /NQ will close the week right on the key 15700ish level which was the major reaction high back in late Aug/early Sept with potential (but unconfirmed) divergences on this 60m chart following a brief momentum-fuel overshoot down to the 15536 target & subsequent bounce off that level. That makes it anyone’s game next week (bulls or bears) as effectively, today’s drop was simply a backtest of that previous breakout above that Aug/Sept high. However, I’m still leaning towards more downside in the coming week(s). I’ve also included a 120-min chart with some potential targets should /NQ continue lower. Probably best to keep things somewhat light heading into the week-end & either add back to or start reducing short exposure next week, depending on how it goes.

let me add to that the fact that the communiciations stocks look about as good as any right now. In addition to the case for longs on T & VZ above, I also highlighted TMUS as one of my top picks for long-side trade ideas in one of the videos earlier today.

Well, it’s been a while since my last update on VZ but I’m glad you asked as VZ just hit T1 for a ~15% gain at oversold readings on this weekly chart (blue circles show what happened following all oversold readings since the 2007+).

Should history repeat, we should see a tradable rally in VZ soon plus,we just made the first tag of my first price target this week as the initial tag of my targets typically produce a reaction, so that was the case as T1 was hit on Wed’s low & VZ has rallied from there, including another +1.14% gain today in one of the worst days for the stock market in many months (i.e.- strong relative strength).

Here’s one of the last updates I made on this trade, talking about how it would likely take months or even years to play out. VZ just barely managed to avoid being stopped out on a couple occasions but never hit the stop threshold of a weekly close above 61.73. https://youtu.be/ObeenexZHH8?t=1572

The daily chart below lists a few near-term bounce targets with a max. target of just under 54 at this time.

this breakdown below the nearly 2-decade large triangle pattern was longer-term bearish although the 16%+ drop since & oversold conditions may lead to a tradable rally soon (weekly chart). T is also at deeply oversold readings which have historically accompanied or preceded major bottom on this 6-day period chart (also note the other bottoms off the normal “30” oversold readings).