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“Market Update Huge profits today, I hope you had a great day as well. This was pretty much the best-case scenario we could have hoped for, and yes, days like this do happen too. The

$QQQ daily chart continues to form a triangle. The longer a triangle lasts, the more pressure tends to build. If this triangle eventually breaks to the downside, I’ll likely become even more aggressive with my downside targets. The profit potential could be enormous, especially if we’re then able to reverse to long near a major bottom. It’s been a while since I doubled the value of my trading accounts in just a few weeks. I’m confident opportunities like that will come again,sooner or later.

Key Updates $OIL The bearish wedge triggered, we got a few headlines in our favor, and the breakout followed. Nothing to complain about here.

$MU &

$SNDK All eyes are now on the MU neckline. See today’s video for the full analysis. Sandisk still looks very bearish, although the next major inflection point is less obvious.

$AAOI See today’s video for the potential downside targets.

$LITE Also covered in today’s video.

$NVDA All eyes are on the potential failure below the wedge bottom. If that confirms, I expect aggressive selling to follow as trapped bulls begin to exit.

Educational content only. Trading involves substantial risk. The setup grade and outcome described here are specific to my plan, sizing, and risk tolerance. Do your own work.