Technical models are
down.

A few big names like GOOGL should trigger their qtrly ORL sell stops.

The bigger game is what happens when the risk spreads run their respective QTRLY ORL sell stops.

It’s coming with 3 weeks left in the qtr and a Full Moon Friday.

Andrew and Angelo had a long discussion as to the why. If their thesis plays out it will be a big trading event for the next few months.

How mange the downside and find a tradable low for something other than a 100 point rip.

Yesterday was a Lemming effect day, the realization of what is to come after Trump’s Sunday Fox interview.

At 2 P.M. CDT I alerted the room to expect an algo unwind at a swing count Ceiko generated off the work In Dec. The level is on the sheet in purple.

I can pick the bounce levels, but do not forget you can’t stop the lemmings once they’ve formed up and head for the cliff. They do not respect stop signs!

Some of the AI and Chip names could easily fall another 25% or more.

Point being, you can’t be quite sure of the depth of the valley when you’re standing behind the herd!

The sheet is our road map coupled with the Cloud work.

Frank brought up the Pit Spoo/Bond, which is something I would not have missed a few years ago. It’s one ugly chart, with a two day island top Jan 23.

It takes a village.

Daily Spoo/Bond got a little over baked last night with the 30yr. not liking that next matrix level into qtrtly momentum.

Shanghai comp found buyers last night.