📉 A previously identified strong buying zone for Boeing has been decisively broken to the downside.
⚠️ The analysis highlights a past successful long trade but notes the current technical picture has deteriorated significantly.
📉 The sharp breakdown suggests underlying weakness and serves as a cautionary example within the broader market context.
💥 Deere & Company experienced a shocking and brutal drop, losing approximately 25% of its value in just two trading sessions.
🏭 This decline is particularly noteworthy as Deere is generally considered a relatively stable industrial company.
📉 The sharp sell-off in a supposedly stable stock is presented as a flagrant example of potential underlying market fragility.
⚠️ Analysis suggests Nvidia is currently undergoing a distribution phase, meaning large holders might be selling off shares.
📉 The stock's recent price action is viewed as unsustainable, drawing parallels to previous market leaders like Tesla and Apple whose dominance faded.
💥 In a severe market downturn scenario, it's suggested that Nvidia could potentially decline by 50% to 80% from its peak.
📉 Tesla's recent price drop was used as an opportunity to sell put options.
💰 The strategy is contrarian, betting against the prevailing bearish sentiment.
🗓️ Options were sold expiring the next day, with plans to continue selling puts further out.
🎯 This approach is part of a broader investment strategy, separate from the USIC trading account.
⏱️ Intraday trading offers more frequent data points for system validation compared to swing or long-term investment strategies.
📊 Patterns observed in intraday charts often mirror those in daily charts due to the fractal nature of the market.
📉 Analyzing intraday movements can help traders quickly assess the viability of a trading system across different market conditions.
💡 A trading system should be tested in intraday to see if it works.
