Clean action today no real headaches and straight unwind on the markets.

It’s nice to see some of this stuff fading off – gets tiring seeing people buy anything and bank lol.

All good. I think I’d be more frustrated if I was sized up and managing a larger book but this year (for me) has been about finding better balance and working on getting away from market vs. 24/7 every day of my life.

I am trading a LOT less size and trying to de-clutter things now that 192 projects at once are coming to an end. I definitely bit off more than I could chew, but almost done the last project. My schedule will soon be clear.

Was nice to get some COHR and WOLF trades off back to the regular bigger picture names — caught a good piece of those.

It’s easy to get caught up with the cheap ones – at the end of the day they’re lay ups and pay really well for the risk/$ needed. But, reviewing at night I realize how much these high flyers take your attention away from the macro market unfolding.

We have some potentially big trades coming for bounces. To me, we haven’t seen capitulation at all, just slow steady pressure. Slow steady pressure can last a lot longer than you think and then really flush out AFTER it has bounce players load the boat. That said, if you trade a bounce I think it’s easy to get into the mindset “it has to bounce” “its faded too far” but — really make sure, is the trade in agreement? There are going to be a TON of bounces but if you over hold you’ll be right back to square one w/ no gain.

HKIT you can see the gamified action same as RETO today.

Main Watches:

MARA gap down and reversal potential watch with RIOT

PLTR gap down watching for reversal with IONQ

ENVX gap down flush and looking for reversal market permitting

Failed Follow Through:

W higher better – think this starts to look like AI CVNA U etc slow steady sell off – cautious of outlier bounce days

JUPW monitoring for the day they pull the plug – price alerts. Much like HKIT today you were either prepared or not. If you weren’t no sweat, not your kinda trade. Don’t force what you don’t know but we’ve gone over these types of set ups for weeks now on Sunday video

DLO higher better possible gap fill eventually

NVOS Morning shove and then ideally .10

Continuation:

IDAI scooped some today – I don’t love it but had a feeling under $2 this was gonna happen and never got there.

APCX break out watch off dips

ZJYL feels like some funny biz is cooking – they like to trap and push shorts out they’ve done it before

HKIT reminds me a lot of HUDI – I am curious if they soak/trap next few days. If its going to squeeze I’d look for a flush tomorrow 10AM then maybe weak into close let shorts win but close it relatively flat then come mid week next week go for it like HUDI did after everyone figured it was over.

Staying Familiar: