Jay Patel

@MichaelPBento Whats the MOC balance looking like?

Net flows are showing once again that retail is trying to buy the dip while institutions keep selling into it. SPX is put dominated while SPY has a weak call dominated net flow. When you factor in the put heavy 0dte GEX is looks like we are setting up for a much larger pullback than just a single down day. It would not surprise me if we saw 698 on SPY before the end of the week.

@MichaelPBento Is this an app or something that's free? If so, can you share?

Fake numbers again that happened to be completely exactly in line

Me: *disables Google home microphone* Me: hey google Google: your microphone is currently disabled Me:

@Basssem666 End of an era for sure! He might stay on fed board of governors tho, he hasn't confirmed but I hope he stays.

$SPY Nothing matters until the legend’s last fomc press at 2:30pm. End of an era. I sincerely believe we are all going to miss this man when he’s gone. If interest rates drop in the current economic situation we are all screwed.

$SPY Hope you all had a great weekend. Here are the paths price can take from here. The lines drawn don’t mean price should go in a straight line up or down, it’s just to help visualise the moves. It’s definitely a tough market to navigate right now (unless you close your eyes and buy calls anyway). 1) That’s the most probable and realistic path. Price needs to reject 713-718 and start correcting towards 690 or slightly lower, then go back up to make a new all time high at 730-732 or higher. Technically, even if price extends the correction to 660 it’s still a buyable dip. 2) Another very likely path. Price rejects 713-718, finds support in the 680s or a bit lower and bounces off hard, but only to make a lower high at 698-703 before rolling over. That’ll be very bearish and risks visiting the March lows. 3) This path is a lot less likely than the previous two but it’s still possible. Price breaks through the 713-718 resistance without a pull back and goes straight to 732-736. Price will then reject there and correct in a very harsh and fast way to the 680s or lower, then eventually finds support above the 200 dma and make a new all time high. 4) That’s the least likely path right now but I will definitely consider it and keep it in mind. We continue a blow off top towards 732-736 without a meaningful pullback, then lights out. An extreme non stop selling wave comes with small bounces in between all the way back to March lows, or lower. The least likely scenarios have been the ones playing out recently so don’t sleep on it. It’s too early to tell which one will end up playing out. I will have to take it one level at a time. It’s good however to keep these scenarios in your heads and on your charts to know how to react around each level (If this, then that).

@Basssem666 @TraderJonesy Don't you think once or if we get below upper end of JPM collar, it would get defended hard? I know we're above it now but this rally is kinda an anomaly. 😅

@TraderJonesy I’ll buy it but not for an Ath. I’ll buy it for a tactical bounce then I’ll re asses.

Once $SPY hits 685… will you dip buy it????

@The_RockTrading How the hell do you look at the post liberation day rally in 2025 and think phase A was down?

Wyckoff Accumulation Phase: Smart money accumulates while retail sells in fear or boredom. Price looks weak, volume dries up — building the ‘cause’ for the next big move. Patience here separates pros from amateurs.

The S&P 500 just experienced its biggest rally of the century that lasted 13 days - an event with only a 0.63% probability of occurring. To put that into perspective, that’s roughly a 1 in 160 chance-similar to flipping a fair coin and getting heads 7 times in a row.

@MichaelPBento so a flat opening Monday? Yesterday was like +2.8 billion right? Hoping we get some exhaustion pullback next week/into end of month cause this has been freaking insane

Uh Oh permabulls

Go for a walk Turn off your phone Focus on work Go to the gym Do anything but be chasing stocks after market rallied 15% and is short term overbought. Say it, and promise yourself this.

@MichaelPBento There's always a ceasefire or the war has ended headline every 2 hours

So would you look at that, it did gap up. A lot of comments said it wouldn’t and I was wrong. The MOC imbalance yesterday is what caused the gap up. But this looks like a gap and crap unless there’s some peace treaty headline.

@MichaelPBento @market_sleuth 7% off the highs*

@MichaelPBento Absolute insane rally. I could see it if we were in bear correction territory in march but we were barely 7% off the lows. I do recall some posts from @market_sleuth when we were range bound where he said that the first move might not be the real move and that is scaring me a bit

I'll be honest with you all, I didn't see new ATH coming and I didn't see this rally going this far as of 2 weeks ago, BUT neither did any of you. If you were long the rally congrats, but if you comment permabull trolling nonsense that you totally really absolutely saw this and act like you didn't buy a winning lottery ticket, then you're going to get a block. You want to push back with facts and data on any of my market views I welcome it, you wanna comment that zoomer gambler low IQ nonsense then you're getting a block.

@MichaelPBento do you have the MOC imbalance by chance?

Unless the bulls can punch through 695 within the next 15 minutes, we may have just run into a top.

@Basssem666 Would not have guessed we would be flirting with the upper end of the JPM Q2 collar 9 days after they roll it lol. Any thoughts around that?

$SPY I’m full positioned now (not full port). We must get a close under this resistance to swing though.

@MichaelPBento @CombatThrasher I think today was one of the lowest volume days on spy for the year, atleast lowest i've seen in a while, unless we get spike into the close. Maybe all the big money is just sidelined waiting for clarity in the middle east and next week might be something crazy!?

@CombatThrasher Been like that for a month now

WTI Crude futures settle above $110 for the first time since 2022. Someone want to tell me why this is bullish for stocks? It seems to me if anything like the situation with energy is getting worse.

@Basssem666 @SecScottBessent Lowest volume on spy year to date today? Feel like something big is brewing next week! I hope its new low lol

$SPY I just don’t understand at all how can oil be up 13% on the day and above $110! While spy is down about $2 on the day. Something is not right. @SecScottBessent is that you bro ?

Liftoff. The Artemis II mission launched from @NASAKennedy at 6:35pm ET (2235 UTC), propelling four astronauts on a journey around the Moon. Artemis II will pave the way for future Moon landings, as well as the next giant leap — astronauts on Mars.