Public feed

Quick OBV lesson we get to watch play out with Micron

When OBV and price move up together that's bullish.

When OBV is going down but price is going up, that's usually bearish (bear div)

I don't think this warrants a short because fundamentals for Micron are strong and the market has been good at squeezing higher on lower volume but this will be a good example to watch in real time if OBV is going to accurately predict a future move.

NQ - EW Counts

• NQ is a head scratcher
• Structurally, both green and black are valid.

long SOXS as VIX is about to have a big breakout

GLD - 24-Week Cycle

• This is the dominant cycle, it should be bottoming about mid-July, give or take

It's Gold O'clock Time, Soon

Allow for more GLD bottoming in July, then watch for a reversal.

You do not want to miss a potential September rally.

Will MOVE Index Move on FED Day?

The MOVE Index (bond market’s “VIX”) measures expected volatility in U.S. Treasuries — when the MOVE rises sharply, bond prices usually fall (yields rise) as uncertainty and selling pressure increase; conversely, a declining or low MOVE is generally bullish for bonds, signaling calmer markets and supporting higher bond prices.

MOVE could start to move within a week or two, based on the 3 dominant cycles.

ETH 20D Cycle Target

• ETH has just generated a 20D cycle target; no higher targets, yet.

Bitcoin Gann Fan

This is one that’s more for fun and fascination. It fits the price action so well

If accurate, we are losing the 1/1 line

NASDAQ 100 (NDX) - 16-Week Cycle

16-week = 80 trading days cycle is among most prominent among various stocks and stock market indexes.

For NDX, its estimated peak was a week ago (similar for SOX). The next trough is estimated in early August.

Remember, it is not just one cycle that drives the price; a superposition of multiple cycles also matters.

Incredible, a new all-time high on HYPE today.

Funny to see it pull the exact H&S bait move we discussed - but I honestly expected it to take a bit longer.

Good news though, it's clear at this point that HYPE is going up on WAY more than just the IPO craze. Very glad to have a spot bag, not touching it anytime soon.

If you want to "speculate" in quantum... hard to go past these companies that got funding via the CHIPS Act... as we have seen with Palantir - government connections help

A week ago this market was falling apart. Now, with the Iran strikes called off and oil coming down, it's about as strong as we've seen it in a while.

For most of the year, this rally was just a handful of big tech names carrying everything. Now the whole market's moving together. Small caps and the average stock were already leading the way back, and over the last day the big tech names have come along too, so there's really nothing left sitting out. Look under the hood and you've got breakouts just about everywhere and almost nothing breaking down.

Tech is back out front, and right behind it are materials and the cyclical names. Metals especially are having a great run, and a lot of that is the dollar coming down as the market starts to bet the Fed can ease now that the inflation pressure is fading. The only thing lower is energy, and that's exactly what you want to see, just oil coming back down as the war winds down.

The one thing I'd keep in the back of my mind is that the Fed and th