Updates From The Tape

QQQ Daily Flag pattern, like we mentioned lets stick to only playing the 9/20 EMA on an uptrend as long as bonds are up.

Here is the 60M, I don't think that it will be so easy to just buy uptrends now since we are exhausted on the 60 minute. In fact, let today trade lower and we can try QQQ down on 280 near TDST to ride the uptrend.

XLE is now responding to the active weekly 13 signals with crude breaking down. I think its time to be more aggressive on the short side with energy.

HAL responding to weekly 13!

The obvious spooky chart now is the Dow Jones. I wouldn't give it too much of a worry except the simple fact that the Dow Jones is overdue for a pullback in the short to medium run. Stay nimble now.I

I think that's really it. Here is the simple fact: as long as rates are sideways to up, the markets can't and will not go meaningfully lower. I think that we are due for a nice rally into year end and its about finding good buy spots from here.

The two spots I like to average in on is 3985 and 3930. These are the 9/20 EMAs as well as the prior month's highs.

You can see that the DAX is already trying to bounce off the 9EMA

I will put the alerts out in Discord when I pounce.