• Bit annoyed I got stopped out out TQQQ an SPXL on Thur, but I reshorted SPXL Friday.
• This is what extremely low breadth leads to, the market cannot go up forever on extremely low breadth, it gets narrower and narrower something needs to happen, either a breadth thrust where some other stocks have to go up, or you get something like this, a correction.
• SPYs just sitting right on the 20weekly.
• IWM shorting rw compared to the others. Short some TNA orls. IWM has been weaker for many many months.
• NET is kinda gapping below my stop, thankfully it’s not a big position just half size. Stop now lods.
• UPST there’s no short setup, it’s not even extended, this is the strongest stock in the market guys, short the weak stuff.
• NIO, if you wanna short individual stocks short something like this, breaking down from a bear flag, building lhs forever, breaking this range to the downside.