BW is an interesting case. Some worries they may not stay afloat, but used to be a big player in boilers for nuclear, which has some intermediate term prospects again. In the meantime there’s coal to NG conversions, and they mentioned hydrogen in one press release. Phoenix potential perhaps?

CRNT retreat to/retest of  weekly breakout level. (warning: very volatile as network company is located in Israel and affected by the conflict)

Including the aptly named YOLO, lol. Not finding a lot of related news on the sentiment shift besides Kamala talking up a potential reclassification (sked I to III, apparently)

Nice. Tho how do you filter that one divergent peak between the two Demark 9 peaks today? (e.g., no break of the low of the previous candle?)

NG (gold) had gotten a bear flag look, but appears to be nibbling through at the moment

Btw, did IBM stay long as well in the vol system?

NG attempting a  breakout, but uninspiring volume so far. The MA is below are holding up well though.

Very sorry to hear this. Sincere condolences to you and your family!

NG pushing up against resistance

Tnx!

Btw Digi, do you have a preferred strategy for AVWAP? I've heard Brian Shannon's book is good

Tnx for the stats! Something else that may be unprecedented is the level of passive/index investing.  Regular 401k deductions, FIRE, pensions, etc., buy and don’t open their monthly statements, creating a slow-drip bid and a lack of sellers. Burry and others have been outlining the bubble potential, but it’s less clear what, if anything, could deflate it (it’s like wondering where the money printing will end).

Annoying finX bears, I should have said!

Yep, divergence forming but still enough gas to his the measured move in a day. Seems there’s no patience anymore :-)

Speaking of which, the weekly cup targets 6000ish, which is where Henrik Zeberg is predicting we hit in H1, which seems to fit the no patience theme. Interestingly, after annoying bulls on finX with his rocket emojis  last year, Zeberg believes markets get hit hard in H2. 

Institutional traders sold 5 billion last week (largest since 2015, according to @barchart) Have to wonder if they were waiting for this strength?

Tnx for reminder! I had given up on the larger wedge when it blew upwards, then it hit the downside target within a day. "Squeeze the shorts" seems one of few certainties, lol.

Tnx! Was a nice race to touch that open gap/Jan11 support into the close.  Am hoping a measured move from a rounding bottom might close gap then  target Jan4 support/Jan12 resistance. 

Yep, and the smaller player sentiment I'm hearing is "I'm buying calls until it doesn't work anymore"

The inverse 2022 perhaps. 

ADBE is really having a month with their potential to capitalise on this (+33%)

Bingo indeed! Was not a bad looking cup and handle breakout before it became exit liquidity, lol