SPX dropped 1.43%, tech got destroyed at -4%, and silver got absolutely wrecked down 5.79%. The scanner came up empty on qualified setups — but BOLD ran 86% anyway.
Rough tape today. SPX shed 1.43%, tech led the selloff at -4.00%, and silver got absolutely hammered — down 5.79% in a single session. I grade today a C- for my trading and a D for the broader market structure. The rotation into defensives (Health +1.55%, REIT +1.49%, Utilities +0.86%) tells me this isn't a dip-buyers' market right now. This is distribution.
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My gold position is underwater intraday but I'm holding with a stop below $4,085. Bitcoin I trimmed 20% of my position at $63,100 this morning — glad I did. Index fund contributions are on autopilot; I don't touch those on days like this. The scanner flagged zero qualified setups out of 474 tickers scanned, which is rare and meaningful — it confirms the tape is not set up for longs broadly. BOLD ran 86% without me and that stings, but chasing unqualified setups is how you blow up accounts. Tomorrow I'm watching the first 30 minutes on SPX for direction and keeping day-trade size at 50% until we get a clear reclaim of $7,300.