Nice stuff all around today

CYN SMCI the main focus names today paid well

CYN pretty perfect for the .27-.29 clear out and fade all day trade. SMCI straight forward.

Some good ones pre market ACOR MGOL etc.

Just about everything if you faded it worked today — ONE NOTE remember keep averages good. It’s easy to think you miss stuff chase it down only to get swiped up before more lows later. You might get chopped before you have a chance to be right. Entry is everything – if you miss and you still want to chase it just watch your size.

Relief rally for fades is ideal.

And some will sneak out like AIFF and blow folks up. I think pretty good warning/levels and discussion there.

Patience patience patience during these market conditions 945-10AM+ only trading off open if gap etc comes into wheel house like ASTS SMCI did – don’t force or over commit off open IMO

Main Watches:

RGTI levels paid on that one today nice fader with IONQ which is breaking massive support. QBTS QUBT etc etc. Higher better for unwinds. They are due for a relief rally before unwind.

AIFF I think ‘THEY’ got real stuck today long side and will try to force this thing out of the gate to get a cover off. We’ll see. Personally I think it fails hard and fast 2-3 candles then stays heavy all day and VWAP/TWAPs an exit through day.

SMCI reactive trade is ideal – wild range AHs lets see what it does in AM to make a plan.

Failed Follow Through: