On the $SPX chart below, the early April gap partially filled yesterday. Next week I am looking for that gap to be completely filled, then a retest of the 200ma line as resistance, then down we go again to a lower low than what we saw the second week of April.

https://stockcharts.com/sc3/ui/?s=%24SPX&id=p98028979852




...and we have this going on too. GLTY

https://stockcharts.com/h-sc/ui?s=%24UST2Y%3A%24UST10Y&p=W&yr=40&mn=6&dy=1&id=p20299449648

Looks like it is. Next week I will be prepared for/watching for a rug pull.

"Time's ticking and guess what's going to happen? Shortages. Massive price increases."@ErinBurnett pulls out the whiteboard to show why "blank sailing" is an economic warning sign you need to know about. pic.twitter.com/YxRlUeLUe6

— Erin Burnett OutFront (@OutFrontCNN) April 25, 2025

I found this enjoyable, as well as educational, watching a business news reporter being repeatedly schooled by 3 strong business leaders.

Tick tock...

Making a list of 3x and 2x inverse ETF 20Jun call options to pick up. I will be looking at OTM strike prices near the highs that were achieved 10 days or so ago.

SOXS, FAZ, TECS, SQQQ, TZA, SPXS, FNGD, NVDQ, TSLZ, LABD, DRV and the like.

Could be golden in the next 2-4 weeks. GLTY

Can’t sleep…

Thinking about how it takes ~25 days for shipping containers to go from China to LA and ~35 days to New York.

We haven’t even felt the impact yet.

— Geiger Capital (@Geiger_Capital) April 24, 2025

Really great explanation of how and when we will begin to see the effects of the 145% China tariffs start to hit. https://t.co/7MGC405mzO

— Erica York (@ericadyork) April 24, 2025

Ride inverse 3x ETF's down.

https://www.marketwatch.com/story/the-buying-opportunity-of-a-lifetime-is-coming-but-not-before-a-40-drop-for-the-s-p-500-says-this-strategist-b3aa3bd5?mod=hp_latestnews

Same topic, different source (ZeroHedge) below.

What I found really odd was Tesla reporting this week Tuesday AH it missed its numbers, pulled its previous forward guidance due to 'uncertainties', but the stock went up. Nvidia reported today, also pulled its forward guidance, but the Nasdaq is up today.

Next week from Tuesday forward will be loaded with economy indicators....
could set up the fed to lower...or not. If Powell blinks, the race to the bottom (in my signature panel below) is on.

https://www.zerohedge.com/markets/ugly-tailing-7y-auction-sees-lowest-foreign-demand-over-3-years

You are correct. I see that now.

Bitcoin has paused at the $92,500 support/resistance line tonight. We will see what tomorrow brings.

Since RIOX and MRAL are new tickers with rather baren charts, I am using RIOT and MARA charts as proxies to swing trade these 2x miners.

GLTY

Bitcoin is gaining momentum to the upside.

Formed a downward wedge pattern, then broke out to the upside; Bullish.

Moved above the 200ma resistance/support line; Bullish.

Next stop is the $92,500 resistance/support line. IF it crosses over this line, Bullish again.

Next stop is the wedge pattern breakout pattern target of ~$98,000.

IF it crosses above $98,000, on to new highs?!?! GLTY


https://stockcharts.com/sc3/ui/?s=%24BTCUSD&p=D&yr=0&mn=6&dy=1&id=p83588409878




RIOX up today. Still time to get on this ride.

https://stockcharts.com/sc3/ui/?s=RIOX&id=p98028979852




MRAL also up today. Here too, still time to get on this ride.

https://stockcharts.com/sc3/ui/?s=MRAL&id=p98028979852

The source of the following two pull quoted in the link below.

You can do it yourself by inserting 'archive.is/' into the address as I have illustrated below, and hit 'enter'. This works to get behind most (but not all) pay walls. GLTY

https://www.wsj.com/personal-finance/credit/perfect-credit-score-achievement-02cb2ec2?mod=trending_now_news_4

https://archive.is/www.wsj.com/personal-finance/credit/perfect-credit-score-achievement-02cb2ec2?mod=trending_now_news_4

https://archive.is/www.wsj.com/personal-finance/credit/perfect-credit-score-achievement-02cb2ec2

https://archive.is/bCqDf

One more talking head that supports the chart in my sig panel below. GLTY

https://quoththeraven.substack.com/p/it-really-feels-like-were-out-of

https://www.zerohedge.com/news/2025-04-19/it-really-feels-were-out-time

The links are not working for me. Sorry.

Here is a good answer to your question. Watch from 2:00 until 5:00.

Glad I led you to somethings helpful for me. GLTY

I'm guessing you were 4 wheeling?

I saw this a while back. Made me laugh. You might get a chuckle too. Big boys and big boy toys.

https://www.thedrive.com/news/17000-will-buy-you-the-worlds-largest-atv-and-yes-its-from-russia

The SOXL/SOXS 3x ETF pair might be a worthy substitute for your UVIX/SVIX strategy.

I have done well lately using my swing trading chart on a 4 hour (2 bars/day) period, and buying OTM 30-45 day out call options.

High volume, high volitivity, and high returns. GLTY

In my sig panel "Exhibit 18" chart below, the "You are now here" pointer is pointing to the chart just before the "First Fed cut".

If/when the below plays out, and the Fed makes a move, I will adjust the "You are now here" pointer to point just after the "First Fed cut", and I believe the chart pattern progression for the next 12-18 months likely plays out. GLTY

https://dailyreckoning.com/9-0-magnitude-bondquake/

Not sure if its good or bad, but I resemble this remark.

https://archive.is/ePdfo

https://archive.is/www.bloomberg.com/news/articles/2025-04-07/leveraged-bets-dominate-trading-in-tariff-rout-like-never-before

"With almost 10 billion shares traded, volume for leveraged and inverse ETFs hit all-time highs last week in data going back to at least 2017."@VildanaHajric @isabelletanlee pic.twitter.com/2j50nDUhkl

— Daily Chartbook (@dailychartbook) April 9, 2025

FYI,

I am done trading VIX ETF's.

https://www.marketwatch.com/story/volatility-etfs-halted-as-vix-sees-biggest-drop-on-record-after-trumps-tariff-pause-ac49532a

A view into my foggy crystal ball...

Lower gap on the SPY chart below filled today. The higher gap will fill next, then a test of the 200MA as resistance. After testing this resistance and failing to move above, the market goes down again.

https://stockcharts.com/h-sc/ui?s=SPY&p=D&yr=0&mn=3&dy=1&id=p19864235430



I bought 16May SOXS and LABD call options the last week of March, sold (too early) last week.

Once the SPY chart tests the 200MA as resistance and heads back down, I plan to reload SOXS and LABD OTM call options 30 to 45 days out again, and do it all over. GLTU


https://stockcharts.com/h-sc/ui?s=SOXS&p=D&yr=0&mn=6&dy=1&id=p78622490611




https://stockcharts.com/h-sc/ui?s=LABD&p=D&yr=0&mn=6&dy=1&id=p78622490611

I discovered this today.

Might be useful to some.

https://downdetector.com/status/charles-schwab/

This is related to below post.

https://alternative.me/crypto/fear-and-greed-index/

https://alternative.me/crypto/fear-and-greed-index.png

I found this interesting.

Of course, China hinting at devaluation is a huge risk: China has $60 trillion in deposits, 3x more than the US. If this capital starts to flee, it will have catastrophic consequences. In 2015/16 we saw this, and it started the great move in bitcoin from $200 to $20,000 https://t.co/IeVp1hg6Yh

— zerohedge (@zerohedge) April 8, 2025

China has three options:

1. Concede defeat to whatever terms Trump demands
2. Devalue the yuan by 20-40%
3. Unleash biggest fiscal stimulus in its history (talking $2-3 trillion) which will push its debt off the chart

— zerohedge (@zerohedge) April 4, 2025

Looks like they are going for 2. Yuan plunges after PBOC sets fixing weaker than the closely watched 7.20 level. Offshore yuan tumbles and about to hit a record low against the USD https://t.co/nLdahVRJAW pic.twitter.com/rJXUAHgOej

— zerohedge (@zerohedge) April 8, 2025

KOLD seasonal play on again. Will the Feb 1st gap at $36-40 fill? GLTY

https://stockcharts.com/sc3/ui/?s=KOLD&id=p56554189392

FYI,

Unfortunately, it appears to me CDS is/are not available to retail investors like normal stocks, ETFs, or bonds.

Cramer is suggesting similar today.

I think the difference between now and 1987 is that the circuit breakers could slow things down. Will write about this in my CNBC investing club Sunday think piece

— Jim Cramer (@jimcramer) April 5, 2025

I learned a couple things from this one, Thx

Bitcoin is/was in a TTM squeeze for the past ~2 weeks. It broke out to the down side this afternoon. More weakness for tomorrow? Don't know. GLTY

https://stockcharts.com/h-sc/ui?s=%24BTCUSD&p=D&yr=0&mn=6&dy=1&id=p78622490611

Ah, I missed your point in the previous post. Thx for the clarification and all the detail. GLTY

Correct, different circumstances, but I believe the Monday coming at us next week is going to rhyme.

The link in your post does a good job of explaining 1987.

Here is some insight on current events. Orange man has a plan...

The richest 0.1% own 17% of stocks

The richest 1% own 50% of stocks

The bottom 50% own 0.7% of stocks

Repeat after me:

The stock market is not the economy.

— Robert Reich (@RBReich) December 16, 2020

Scott Bessent is telling you exactly what they're doing.

"The top 10% of Americans own 88% of the stock market." https://t.co/PAW8jYL5nN pic.twitter.com/Ho0eawC8Ws

— Financelot (@FinanceLancelot) April 5, 2025

FYI,

another wrap up FYI,

FYI,

Its at 4. FOUR!

https://www.cnn.com/markets/fear-and-greed

I was struck this morning by the divergence of the TV talking heads.

Several in the media are sounding off about tariffs being beneficial to the oligarchs, and crushing to the working class, while several of the administrations representatives are saying the tariffs are bringing jobs back to the US that left over the past 20 years, and will ultimately be beneficial to the working class.

Both sides seem firm in their positions/opinions.

I am not a fan of Cramer, but this morning on CNBC he visibly stunned others in his presence by suggesting everyone stop buying the dips and go to cash today, and made a comparison of this week and next Monday to 1987.

if the president wants to avoid an April 2000, a March 2020 or an October 1987 he can offer a path to help workers. It can make a difference...

— Jim Cramer (@jimcramer) April 4, 2025

FYI,

https://stockcharts.com/freecharts/pnf.php?c=SVIX,PWPADANCBR[PA!B9!E20,2][D][F1!3!1.0!!2!20]&dt=202503221322

My thought is not to chase UVIX up to its projected peak, but rather take a lead from you and wait for $VIX to peak, then buy SVIX options for the inevitable ride up, as the $VIX settles back down.

I am currently watching the 16May SVIX options to bottom so as to pick up some cheep ones as $VIX peaks in the next few days. GLTY

https://optioncharts.io/option/SVIX/contract/SVIX250516C00020000

$20 calls currently...




$25 calls currently...

The thesis is all the passive 401k holders will be shaken by this weeks news, and make moves to their accounts this weekend. Monday could be interesting. FYI,

https://stockcharts.com/freecharts/pnf.php?c=%24VIX,PWTADANCBR[PA!B9][D][F1!3!!!2!20]&dt=202504031520



https://stockcharts.com/freecharts/pnf.php?c=UVIX,PWTADANCBR[PA!B9][D][F1!3!!!2!20]&dt=202504031525

https://stockcharts.com/h-sc/ui?s=UVIX&p=D&yr=0&mn=6&dy=1&id=p78622490611

Announcement from the Rose garden is today after MKT hours.... YOU ARE FIRED.

I expect counter tariffs and turmoil for a while with lower markets. How low, for how long, when a bounce back, and how high are all unknown.

Follow the charts and act on the signals. GLTY

more tariff stuff>

The best part of that video for me was the screen shot of the country ETF's and ETN's comparison chart/table. It told me such a tool existed. After a brief search, I stumbled onto the source.

Here it is FYI, GLTY

https://seekingalpha.com/etfs-and-funds/etf-tables/countries