HeidingOut

I think some of you semi haters need a trading refresher course. See the below lesson. Learn what an impulse move looks like and what constitutes a corrective one. Now look at $SOXX you think this price action looks impulsive to the downside? LMFAO $SMH $SOXX $SOXL Can it be correcting a bigger wave that leads to much bigger losses of course it can. But, this is corrective price action not impulsive meaning at some point this flips, and we will take out the ATH. So, you bubble pop junkies better read up on this bc otherwise you're due to lose ALOT of money. $SMH $SOXX $SOXL $SOXS

I hope you guys understand this. I'm not perfect. Trying the best I can with reading this chop/grind. I'll update you guys as I see things but this tape is nasty.

I come bearing gifts. Price action on the weekly timeframe has yet to establish a confirmed reversal. Notably, our current weekly levels reside below any point on Sto since April 2025. Minor indicator repainting can occur, and there certainly is a potential for additional downside risk. Hidden bullish divergence won't tell us the exact inflection point. But, it does tell us that when we turn, it is most likely we resume the uptrend from April 2025. I bought every one of these dips and this one is no different. I've already started a tiny $SOXL amount. $SOXX $SOXL $SOXS

That's the problem right now. I'm running a wave analysis with updates. and, I can read Sto, RSI during the day. But, just like what happened last week can occur bc of this chop. I saw a short setup on 4H but 6H was a long. I took my profits. By PM the next morning price had risen another 15% in $SOXL. So, this grind is HARD. Of course, then it crashed down even further. But, when the tape is this much chop all of this is INCREDIBLY difficult to get right. It's not optimal if that makes sense. Not like it was in March/April where everything lined up consistently across all time frames. And, it was just go all in. This tape is nothing like that.

Anyone take this one? $LTBR up 25% off the lows. I should have been watching it more carefully. Ouch that hurts my soul.