Universal 259

🔴Smoke Rises over the Amazon AWS Data center after Iranian missile hit it in Bahrain 🇧🇭

Here comes the cost-push inflation. ⚠️ Amazon is rolling out a 3.5% fuel and logistics-related surcharge. Expect that to be passed on in the form of higher prices.

Don’t forget the stock market is closed on Friday.

D'Angelo Ponds turns heads with a pair of hand-timed sub-4.3 unofficial 40 times at Indiana's Pro Day 🤯

$QQQ hasn't even tested the Previous All-time High breakout level yet, let alone the big gap below at 500 or the 200-Week MA. MA's and big gaps don't just go untested and unchallenged forever. It's not the way it works. Price just turned in mid air because Trump said words. Absolutely filthy action. So many people going to get crushed. We could absolutely see a squeeze higher, especially with a market that's so reactant to war headlines. But in the end, we're going lower. It's inevitable. When the dust settles, remember which X accounts were full of sh*t, and which accounts weren't afraid to tell you the truth.

Here’s the plan today. Yesterday EOD $SPY closed at $650.34. I said that price would hit that close because the broken range is up there. $SPY is currently around $652-$655. Price is up here because that’s where the money is. Whales will always retrace price back to a point of financial interests. People have a lot of stop orders up there for puts & they want to stop you out. This is so that they can enter in puts for a much lower rate than they’re at now. When market opens, the spread should flip, puts will be cheap, calls expensive. This is supply & demand. Speaking of, $USOIL is now trading around $99 a barrel, which I predicted. This was one of main reasons why I was bullish the past 2-3days. Unfortunately oil won’t sell off forever with the war going on. It is still up trending & this is only a dip. It’s going back to its broken level ($100) again $USOIL likes to reclaim levels & hold them. Right now every dip is getting bought up when it was around $96, making bullish hammer candles. (Said it would do this) It wants to test $107 liquidity again & possibly $120 off a pullback. We are still in a bear market. I said this before this rally will be short lived. It’s just a retracement swing & the economy is trash. People are losing their jobs everyday. The dollar has 0 value. Rich getting richer & the price of transportation is going up. When that happens food & other goods will rise in cost. That’s what war does. Now is the time to short, people are not holding their assets in the market for long. A good pop=sell. If $SPY holds $651.43 level at open, we will go to $654-$656 liquidity pool before a sell off. If $SPY fails to hold $651-$656 level we’ll sell off to around $640-$645 or lower. If $SPY holds $656 we’ll see $663 but no higher than that. Before you leave broskii, I’ve got something to tell you. If $USOIL makes a 4HR hammer candle or any bullish candle around $96-$100 $SPY will sell off fast. Whales will most likely keep price at $650-$655 for the majority of the day until oil gives the signal. So wait before getting puts, because we can go high before falling. 🐻🍀 $SPY $QQQ $SPX