Junebug

$TSLA TSLA - daily chart analysis 💛 Target 🎯 $420 Lookie Lookie 👀 👀 THE BANANA325SMA IS STRIKING AGAIN 🤯 It’s not me telling you, it’s the stock telling you that this “secret moving average” is an important “point of interest” RSI has double bottomed right at the extreme lower band and MACD has been well reset in time at its previous support area I believe price is creating a small base to launch off the Banan325SMA and will soon retest its upper S/R Flip area (Support/Resistance) at Elons favorite $420 🌿 Not financial advice! Much love 💛🍌🍌🍌

$QQQ the bears aren’t paying attention to the weekly You think we reject here 577 but we can go to 600 If we break 600 we go way higher

Continued upside coming?? 🤔 Follow Jake for daily technical analysis!👇

Interesting stuff by @BeardoTrader!

FOMC week after a violent flush is where more accounts blow up than any other week of the year. Not because people get the direction wrong. Because they get the timing wrong. Here's the pattern that repeats almost every time. Weekend narrative shifts to "oversold bounce." Monday and Tuesday dip buyers pile in. Wednesday at 2:00 PM the algos parse the statement and create a massive candle in one direction. That candle reverses within 48 hours about 60% of the time. The initial move is exit liquidity. The real repricing happens Thursday and Friday once humans actually digest the dot plot revisions and whether Powell acknowledged the growth scare or hand-waved it away. GDP at 0.7% vs 1.4% expected. Negative NFP. The question isn't whether the Fed pivots dovish. It's whether the dot plot confirms the economy is actually deteriorating or pretends it isn't. That answer takes two days to price, not two minutes. The edge this week isn't in predicting direction. It's in having the discipline to let the first move happen without you, then sizing into the second one. Who's actually waiting for Thursday, and who's already positioned for Wednesday's close?

Few more days of chop suey price action then resume up only on Monday. But by that point you’ll be bearish again. $SPY $QQQ

Investor positioning in the options market is extremely bearish: The S&P 500's 3-month put-call skew is up to ~0.50, near the highest in 3 years. Put-call skew measures how much more expensive put options are relative to call options, with higher readings signaling greater investor fear. By comparison, the average 3-month single-stock put-call skew is up to ~0.15, the highest since August. Furthermore, the S&P 500's 1-month skew is up to ~0.53, the highest since the 2022 bear market. This nearly matches the levels seen during the 2020 pandemic crash of ~0.56. Is Wall Street getting overly bearish?

$VIX at a critical point. If $QQQ buyers step in now, they've got a chance for a hard reversal.

This is a wild indicator. Lol

The $VIX from the start of 2024 looks similar to the start of 2026.

$AAPL Moving nicely this am 👀

$HOOD Not saying we get to sub $50s but these levels make. Bottoms out in April/May imo

BREAKING: Nasdaq 100 futures extend losses to nearly -1% as Bitcoin falls below $65,000.

JUST IN: Hundreds of U.S. troops evacuated from Al Udeid Air Base in Qatar and U.S. bases in Bahrain, per NYT $SPY

They're back again today! $SPY 🫣

When Scottie Pippen thinks he’s bull posting for Bitcoin. $BTC

The noticing continues.

BREAKING: In a massive reversal, the S&P 500 erases all losses on the day and turns green. The S&P 500 just added +$600 billion in 30 minutes.

BREAKING: The Volatility Index, $VIX, extend gains to +8% on the day, now at a one-week high. The Nasdaq 100 is now down -1% on the day.

A tech stock short-squeeze is coming: Short interest in the technology sector ETF, $XLK, is up to a 1.8%, the highest in at least 6 years. This percentage has DOUBLED over the last few weeks. Furthermore, on Wednesday, investors shorted over 58 million Microsoft, $MSFT, shares, representing ~0.8% of its free float, near the high end of its range over the last 5 years. Salesforce, $CRM, has ~18 million shares sold short, or ~1.9% of its free float, its 100th percentile over the last few years. All while short interest in the software ETF, $IGV, spiked to ~19% last week, near the highest on record. Short exposure is hitting multi-year highs.