Thanks. I appreciate your response.

Not for me, not yet. I still think /RTY offers one of the best R/R‘s for shorting in years here not too far below that key 2100ish resistance with about a 6:1 or better R/R, just to my first target.

While I would still keep the “Crash Warning” sign turned on at this time, keep in mind that is only a scenario of a very fast & strong drop to get down to my next swing targets on the indexes. Maybe we get to those targets, maybe not but we can also get there in a more drawn-out fashion, such as a multi-week or even multi-month consolidation first while remaining below the previous highs. Again, I still favor a pretty swift & strong 2nd leg down to come soon but as I often say, the reason I prefer to trade stocks, ETFs, & futures over options is that it is one thing to accurately predict where the market (or a stock, commodity, etc.. is going, but it is an order of magnitude more difficult to say exactly WHEN it will get there (as you pretty much need to nail the timing with options).

Will do as I see some things worth noting in crude, including negative divergences on the 60-minute chart, but wheat is being driven by strong fundamentals right now as Ukraine is a major wheat producer…. quite the wild card there so standing aside for now as too much risk & not enough in the charts to be long or short IMO. Crude also risky but I’ll cover it with other commodities in the next update.

Don’t get married to SONN. I’d like it much better 6-12 months ago when the arm-chair Reddit traders were gaming crap stocks with their COVID checks but … A) Those days are clearly over and B) the stock market was in a solid & strong bullish trend back then but clearly bearish now. I just passed it along since I received a price alert on the breakout yesterday. The breakout stuck on a daily close above the TL but it is backtesting now which could still offer an objective entry but if the backtest fails with a solid close back below the TL you might want to close out.

Great answer, thanks for sharing.

As far as a schedule, the analysis & trade ideas I post will vary based on several factors but mainly it will be a function of the number of compelling trade ideas that I’m following at any given time as well as how fast (or slow) the charts are developing/changing.

e.g.- When the stock market is either locked in a trading range or maybe just in a steady grind higher without any significant developments worth noting, I’ll cut back on my analysis of the equity markets. Ditto for precious metals, cryptos, commodities, individual stocks, etc.. For the most part, I will typically publish at least 1 or 2 posts per day, a mix of videos & posts with chart screenshots. Feel free to post any questions or your own analysis in the comments section.

I need to have a programmer fix a few quirks that changed the way the trade ideas appear on the Trade Ideas pages (top menu>Trade Ideas>(then select from the various sub-categories). Nor are those always up to date but you are able to sort them by date to quickly reference the most recent trade setups & updates on existing trades.

You can also use the search function as well as the “Select Symbol Tag” drop-down menu, both of which are located at the bottom of the RSOTC Support Center page (click on Resources at on the top menu of the site).