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And then back up …lol

GTK, thanks for sharing that!

On a fundamental note, I just read an article citing how cheap crude is on an inflation adjusted basis (ie..- as much as it has gone up in recent years, it could/should easily be much higher. Also, one of the lowest/cheapest valuations when priced in gold vs. dollars.

I am far from a crude “bug” or perma-bull.. just like the technical case to be long here & fundamentals are not bad either but you know me, I’ll close that long & short it on a dime, if & when the charts tell me to.

Well actually, Randy is never right or wrong. Last time I checked, Randy has never once said he knows the future! Did you hear him say to expect the market to gap down this morning to 5165 then spend the next 90 minutes closing that gap and finally drift in no man’s land the rest of the day??? Neither did I nor anyone else. He charts what he sees then admittedly shares his bias. He’s recommending stops just in case the market surprises …. Which is about 50% of the time btw! I use his analysis to help set traps for the market at the inflection points. Going up or down, it doesn’t matter! Then I wait! Normally 2 or 3 times a week a trap is tripped and I take in the profits. I make about 3x to 5x per trade so one successful trade covers the cost of all trap so any other win is all profit! So what’s your complaint again?

If I were Randy I would be laughing at those trolls as well as they still decided to pay him a monthly subscription. haha!!

Last I checked WE are the ones that have the final decision to hit the buy or sell button on OUR devices. If Randy’s analysis lines up with your analysis and gut feel, take the trade, hit the buy or sell button. If his analysis doesn’t line up with your analysis or gut feel, don’t hit the buy or sell button, wait on the sidelines. All this site is doing is giving us technical analysis on charts which is just one part of trading. Gut feel, managing profits and losses, market sentiment/momentum, etc, etc, etc. all come into play. That along with this clown show of a Fed is making this market so whipsaw-like, it truly is not easy trading in this market, especially if you’re trading options.

That was not what I said, but you already knew that

laughter is for comedy shows,
is this a comedy show?

so Randy is always right and never wrong,
stick around

Depends on the comment and its content/purpose.
We are all here to share ideas and to be in the RSOTC. “Inverse Randy” type comment shares no enlightenment.

everybody on this site is a paying subscriber,
since when does commenting become trolling?

For the active trade posted as a short entry at the downtrend line off the highs and/or break below the bearish rising wedge on the 5-min chart, the targets are just above the 436.26 & then 433.70 level. Here’s a screenshot from this video showing those (same targets as posted on the 5m charts yesterday).

If that 2nd target is hit, that will have brought QQQ back down to around the key 433ish support (bottom of Feb-April trading range), thereby putting the Q’s in a precarious technical position, should it go much lower from there.

He is laughing at trolls , as if he does not give more trading set-ups besides Tech market. Even Bond hedges and commodities hedges have been given in here before ( besides individual stocks)
Most big losses are due to position sizing and I am putting myself in that realm – I am really bad in measuring that.
Point being , this are his vision on set-ups , he is not our Investment Manager