DMT

[image] $QQQ closed above the trendline on the weekly chart and is continuing to build above all weekly moving averages 📈 Breadth, as measured by the Advance/Decline line hitting a new all-time high, has been very strong, and I expect $NDX to follow in time 💪 After this, higher targets

[image] $SLV double bottomed on the weekly 89 EMA (circled), and reclaimed the now-rising weekly 5 SMA (arrow) last week 🦘 Approaching a major breakout level 📈 $GLD and $CPER have shown similar strength lately, and I expect copper to continue to outperform with strength in AI names 🦾

[image] $MU held the daily 34 EMA (circled) for a wonderful bounce into the close last week 🦘 Institutional call flow for this week was spotted on @blademapai into the close, which was confirmation to hold $MUU from that bounce into this week 🏌️‍♂️ Micron will be bouncing up into a

[image] $MU gapped over the daily 20 SMA and EMA (arrows) that it previously lost, and the next potential supply is the recent weekly highs of $930 🔑 Over this level, the daily 50 SMA (circled) is likely to be retested 📈 I remain very heavily long Micron from near $700, and $MUU from

[image] $MU closed below the daily 50 SMA, after initially bouncing there earlier this week (circled) 🚨 Just like with the daily 20 SMA (arrows), the more times a level is tested, the more likely it is to break 🔑 The same thing happened with $QQQ at the daily 50 SMA, and I have been

[image] $QQQ held the weekly 34 EMA (circled) last week, and gapped over the converging weekly 20 EMA and SMA (arrow) today 🦘 I have been long $MSFT, $AMZN, $GOOGL, $PLTR and $MU, and as long as last week's low continues to hold, I will continue to swing long 🏌️‍♂️ Many names that gapped

[image] $QQQ has continued selling after losing the daily 50 SMA (arrows) earlier this month 📉 I have been cautious since June, when the Nasdaq repeatedly tested the daily 50 SMA and I was expecting an eventual breakdown, as I posted ⚠️ The next downside level of interest is the daily

[image] $MU held the converging daily 20 EMA and SMA (arrow) where I bought the dip on $MUU last week 🦘 It put in a new all-time high today, and may need more time for the daily 5 SMA to catch up to price, but over today's high, there is room to the daily upper Bollinger Band (circled)

[image] $MU opened under the daily 5 SMA, and when I saw $QQQ, $SNDK, $SKHY and $NVDA selling aggressively at the open, yet Micron was not following, I took the opportunity to get short Micron at $930, which I alerted on Spaces 🎙️ This was a rejection of the 10-minute 5/12 EMAs (arrow)

[image] $QQQ has spent several weeks building below the daily 50 SMA (arrows), and while it bounced the daily 89 EMA (circled) last Friday, it appears ready to give that level a retest shortly 🔑 Just like I mentioned earlier this year, the longer the Nasdaq builds below the daily 50

[image] $MU hit my target at the daily 50 SMA (arrow) 🎯 As long as it closes above, it should test the daily upper Bollinger Band (circled) 🔑 Also got long $SKHY and $SK for a catch-up trade this morning, as mentioned on Spaces and posted before 🎙️ Using all dips to continue adding to

[image] Tuesday: $JPM earnings at 6:35 AM, $WFC earnings at 6:40 AM, $BAC earnings at 6:45 AM, $FAST earnings at 6:50 AM, $GS earnings at 7:25 AM, $C earnings at 8 AM, CPI at 8:30 AM, Kevin Warsh Presents Monetary Policy Report to US House at 10 AM, $AEHR earnings at 4:05 PM 🏦

[image] $QQQ traded up to the trendline and had a strong weekly close over all key levels 🔑 Nice weekly flag forming 📈

[image] When I say $MUU and chill in full force, I mean it 💆‍♂️ Been aggressively long $MU again since about $700, after taking it from about $250 to $1250 earlier this year ⚖️ Micron is nearly to my first target of the daily upper Bollinger Band (circled) 🎯 Buying all dips into the daily

[image] $MRVL is gapping above the daily 50 SMA (arrow), and I am still long $MRVU 🤑 I trimmed when it pushed into the target earlier this week, and then reloaded at daily demand (circled) yesterday afternoon 🦘 Marvell must continue to hold the daily 50 SMA on the close to go higher 🔑

[image] $CBRS held the daily 34 EMA (arrow), where I loaded $CBRG on Friday for a similar swing to $SPCX's IPO unlock 🔓 I announced this trade on Spaces as well, and gave a first target of the daily upper Bollinger Band (circled), which hit this morning 🎯

[image] $QQQ held the daily 5 SMA (circled) on this morning's dip, where we got long for the bounce back 🦘 It must continue to hold the daily 50 SMA (arrows) on the close for continued upside 🔑