To The Moon

$.SPX(.SPX)$ thoughts: the index remains above its short term moving average (6023)— breadth as measured by net new highs across NYSE and Nasdaq markets has been negative for three consecutive sessions, and momentum is pointing downward. There is significant psychological support at 6000. In the scenario where pride trades below 6000, breadth is negative and momentum pointing down— I will take defensive position. Otherwise I remain positioned for melt-up trade via ARKK, and a handful of other small cap US equities. Outside of the US equities I remain a bull participant in Chinese equities like $Alibaba(BABA)$ and $TENCENT(00700)$ . I view the most recent decline

Hello everyone! Today i want to share some technical analysis with u！1.Really good performance from $Alibaba(BABA)$ , $TENCENT(00700)$ and $JD.com(JD)$ . Continued strength here will make the late November trading shape a bottom for the corrective move.Follow me to learn more about analysis!!

Hello everyone！Today i want to share some trading analysis with you! $Tesla Motors(TSLA)$ is Cathie Wood's top holding in $ARK Innovation ETF(ARKK)$ . Everyone can see Tesla positioned for a breakout, after a few years the 2021 - 2024 periods looks like a wide consolidation of the preceding 2019 - 2021 advance.Tesla consistently above 400 is one of the 'melt-up' ingredients.Follow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1. $ARK Innovation ETF(ARKK)$ The mainstream narrative this year has been too focused on the ARKK ETF being a wealth destroyer, meanwhile the ETF is breaking out of a two and a half year long consolidation. 👀👀👀👀👀👀👀Follow me to learn more about analysis!!

Hello everyone! Today i want to share some trading ideas with you! $ARK Innovation ETF(ARKK)$ in my opinion will be one of the best melt-up trade vehicles. This is a clean breakout out of a multi-year consolidation.Follow me to learn more about analysis!!

$.SPX(.SPX)$ thoughts: The index closed the week down 1.37%, with market breadth shifting negative as more stocks hit new lows than highs across Nasdaq and NYSE markets—even after the recovery Friday. Early October came with slowing momentum, an amber caution sign then.Market dynamics shift quickly, and while each environment has its unique narrative, my approach—focusing on short-term trend, breadth, and momentum makes for a clear-headed, emotion-free strategy. Each vertical line in the chart below is an instance where all three criteria signaled risk-off. Last Thursday all three signals triggered the alarm: we're officially in a risk-off mode, again. The fourth time in 2024.This approach has effectively flagged recent declines, though this year’

Hello everyone！Today i want to share some technical analysis with you!In February I highlighted $Alibaba(BABA)$ $BABA-W(09988)$ and $TENCENT(00700)$ as a part of the "Outside US Equities" trade category, market titans that had declined 70-80%.Nearly 7 months later both Alibaba and Tencent have traded at the trade idea targets, up 60%+. A relatively clean trade. For me, this marked a spot to record some profit. [Happy]Secondary trade targets for Alibaba & Tencent are 175 and 75 respectively. In the same trade category is Coupang which is also nearing its initial trade target.I remain bullish on all three.Follow me to learn more about analysis!!https://x.com/

$S&P 500(.SPX)$ thoughts: For the second time this year, 3/3 risk-off criteria are simultaneously on. The last time these criteria set off was April 10 where the market declined an additional 4% before finding stability.Price is below its short term trend, breadth as measured by Net New Highs across the NYSE and Nasdaq markets recorded negative, and momentum is negative. I speculate that with the risk-off criteria setting off the alarm, the index is likely to decline further before this correction is complete. An ideal entry to this idea would be a stalled relief rally at 5450 while all 3 criteria remain active.Follow me to learn more about analysis!!https://x.com/tomthetrader1

This was an above active week. Week end market thoughts:The modern day risk on barometer $ARK Innovation ETF(ARKK)$ closed above 45 yesterday— just a day later the trade is in attempt #2. The index decline peak to trough is 5%. That is a decent pullback. For now, my analysis remains with the notion that a resume to a melt up is more probable versus a deeper 10%+ decline. Breadth continues to do well under the surface with more stocks making new highs than lows. Follow me to learn more about analysis!!https://x.com/tomthetrader1

Market thoughts:- Today was a material single day decline. The $S&P 500(.SPX)$ is below its short term trend. A checkmark on the risk-off criteria. - Despite the daily decline, breadth remained positive with more stocks making new highs than lows. - Overall 2/3 risk-off criteria are active. I will refrain from bearish thoughts until 3/3- The melt-up scenario is on pause with $ARK Innovation ETF(ARKK)$ < 45, my trade there has ended with a paper cut. Will reattempt on next close above 45. Will repeat until melt-up transpires or a bear market never enables price to trade above 45- $iShares Russell 2000 ETF(IWM)$ is still above 212, this is a bright spotFollow