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$SQQQ - Wanted to see the $735 put wall hold, we are breaking it. Just to be safe opening a hedge here.

Will be happy to close this tomorrow on a Turnaround Tuesday but option flow is showing that market makers are selling into weakness to just want to be safe going into a scenario where it could lead to more aggressive selling.

SPX Micro-EW Count

• It looks like that the red micro count prevailed, which is now black,
• SPX counts well as five waves down for (i) and now a bounce in (ii), ideally to close the gap, which is very close to the highs.
• Some technicians argue that gaps do not need to be fully closed.
• New highs will make this count invalid, and the previous black count will be brought back.

8h BB squeeze on NQ futures. could be a big move down tomorrow!

BB%B suggests direction is down due to the bearsh retest of the BB basis

$KULR - Still scares me a bit with earnings but there's so many sectors this one covers and at such a small market it's got an insane amount of potential to take a little risk here.

Again this is a SMALL marketcap where it could be as wild as a 5x play here in a month, or just get hosed down 75% on bad earnings in a week and it just crumbles.

NASA-derived carbon fiber and passive cooling technologies

Aerospace/Defense

AI data centers

Battery and energy management
Bitcoin treasury

The contracts are small and the company is small but it's one of those narratives and setups I'm fine taking a little bit more of a risk on for the upside potential.

Decided to grasp the nettle... the Softbank financing looks fragile, so going for the weakest trading member - Oracle. I would add to portfolio - but currently offline. Will do when I can.

Let me catch you up on where things stand heading into the week.

Last week was rough for the broader market. Hot CPI, hot PPI, bond yields ripping higher, and our momentum readings were showing real deterioration underneath the surface. The mega caps were holding things together but the average stock was getting sold pretty hard. The Russell was cracking. It felt like the air was coming out.

This morning is a different story. Our readings flipped from negative in the pre-market to positive at the open. The buying is broad. The number of names in breakdown territory dropped from over half the index on Friday to a handful this morning.

The longer-term readings on small caps haven't fully healed. But the daily pressure has reversed hard and if this holds through the afternoon we go into tomorrow with a much better setup than we had going into today.

Now, the stuff we've been flagging hasn't gone away. The 30-year is still above 5.1%. The 10-year hit 4.6% last week. Bitcoin dropped from 82,00

S&P 500 vs McClellan Indicators Update

- Our trend fiend, the McClellan Summation Index ($NYSI), is indicating a trend change in $SPX, while SPX is grinding above the upper Keltner channel.

- Is the $NYSI early? Yes, it could be early by a few days, but it is a red flag, and it is not alone, many breadth and technical indicators are sending warnings.

- The McClellan Oscillator ($NYMO) looks terrible.

Long SOL - bouncing on golden pocket

long BTC, simple trade.

SHORT SILVER, clean ABC right into the expansion gate where B waves terminate usually

Chainlink Retest: Target $13.13

It looks like a low timeframe retest in Chainlink has completed and the weekly candlestick is looking nice at the moment.

If this moves further the upside, with a larger white candle body, leaving that wick behind, it will be a rather bullish candlestick setup. Especially coming out of last week's candle being so large

I think this ends up touching the upper Bollinger Band at minimum'

I am keeping my LINK trade open as a result of this development

NASDAQ new lows have been rising over the last 3 weeks