Master WU
11K posts

Master WU
@MasterPandaWu
Panda-BEAR: 20+ yrs active trading experiences; use a TEACT formula (Trend, EWT, Astro, Cycle & Technical). NTA. MPW's zone: https://t.co/ZPu5cRLwEz




🇺🇸🇮🇷 The deal includes something the earlier leaks left out: Iran apparently committed to give up its enriched uranium stockpile... Per two U.S. officials to the NYT, Tehran agreed in principle to surrender the roughly 970 pounds of 60% enriched uranium that justified the entire war. Iran originally wanted that pushed to a later stage. U.S. negotiators reportedly threatened to walk away and resume bombing without it in the initial phase. The catch is the word "how." The proposal does not settle the method, whether Iran hands the stockpile to Russia, downblends it, or something else. That goes to the next round. The leverage is the money. Iran only gets the bulk of its frozen assets once a final nuclear deal is signed. And Iran still has not publicly confirmed any of it.



After my entry at $226 for NVDA puts, it tanked 4 $. May take some profits here, and will hold some till tmrw.




In $NVDA We Trust--OR, the old & reliable signal is going to fire up? To subs: I am beginning to load up small positions for $NVDA 5/22, $220 puts here at $226. Will add more tmrw morning if a pop-up near 228-229 is offered. This one stock can single-handedly tank the market.




Slowly, then suddenly--that is the normal procedure for MAJOR bearish wave. Now, it is the slowly moving session. Tmrw, when VIX expires, we will see the SUDDEN part.




I have been dancing between the 5-wave and 3-wave structure options, but I think I can finally settle down on the chart attached. The main reason is that wave-(a) is in 3 waves. So the larger degree wave count fits better with an a-b-c structure. In this count, $spx is in wave-c down now, targeting at 7330-7250. Given how extended the market ascend has been, the descend can also be extended. So I would not be surprised if wave-c gets extended deeper below 7250.


If you think today's opening gap is LARGE, wait until next Monday. A parabolic move never corrects itself with slow decline--it goes slowly, then suddenly. Expect 3% down day soon. Trump got silent nod from XI, and will get back to IRAN over the weekend. Buckle up.




Every time a new Fed chair was selected, $BTC dropped 70%+. Is this time different?



FULL-POT SHORT NOW at 7470; Each HAMMER represents 10% of my Strategic Short Portfolio, which I have accumulated 7/17 SPY 700 puts from May 7th. Today's the last portion. Average cost is about 7440. Won't touch this position until May 29th, when the first local bottom will be.




