Namdo

Fed mins signal higher for longer rate stance. Nearly all participants supported keeping rates unchanged at the meeting. $SPY

expect a choppy session today as market awaits FOMC meeting minutes and $NVDA earnings

$SPY: retested resistance and rejected again. Still looking for the gap fill below. share.trendspider.com/chart/SPY/5214…

$SPY: 15 min bear flag here share.trendspider.com/chart/SPY/5214…

$SPY: This gap fill would feel like the end of the world for many bulls that believe you can just buy every dip, but this would also be extremely healthy for the market. share.trendspider.com/chart/SPY/5214…

The market is starting to get numb to all of President Trump's tweets. Big test today for bulls as we are opening around yesterday's lows. $SPY

that was a nice scalp President Trump off your own news. #beststockmarkettrader

It's getting to a point where "good news" is getting faded. $SPY $QQQ

$SPY: some gaps that may be filled below share.trendspider.com/chart/SPY/5214…

tons of people wanting to buy the "dip" after the rally we had since late March lows. Imagine what would happen if we actually get a real pullback here. $SPY

$XOM: Gap fill above incoming. share.trendspider.com/chart/XOM/5214…

$MU: Lots of bag holders created in the 800 level so far. share.trendspider.com/chart/MU/52149…

$SMH : looks heavy here. Bulls need to reclaim this channel before close share.trendspider.com/chart/SMH/5214…

$SPY: So far chop fest but building under the 5ema. 740.2 important pivot level bulls most reclaim. share.trendspider.com/chart/SPY/5214…

Japanese yields spooking futures here. $SPY $QQQ

@Mr_Derivatives To the sidelines… where I watch NVDA go up another 40%.

Ok I just have to ask this. They always say “Sell in May, Go Away.” My question is… Where do you go? Funny and/or serious replies only.

👀👀👀

It’s wild how $SPY dipped 1.2% after rallying for 7 weeks straight, and everybody is desperate for it to go back to all time highs. What will the majority of traders do here if we get a few days of pullback?

As painful as it will be for those that are over-leveraged, forced liquidation of these accounts is the only way to get rid of the froth in the market. This can get ugly really fast for many many traders. $SPY $QQQ

$MU: IF it breaks under 717.5, most likely this starts filling the gaps below. It can certainly bounce off this support level too, daily close is key. share.trendspider.com/chart/MU/52149…