The tape still looks good!
The tape still looks good, I was the guest on the show of the Captain today laying out the tape, here is the link: https://x.com/GfI_Himmelreich/status/1847226790239969348
I will be at the show on Fridays!
Here is his substack:
And here is his substack chat —> https://substack.com/@thecaptainscorner?
The Tape
GEX looks fine:
Quads look fine (Tech is only humming along, but as long financials are that strong, we are fine!).
+ a ton of strategies now look like this (this is a growthy strategy on the Russel 3000, e.g. mid and big caps), there is a lot of strength under the hood —>
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Meet!
If you want to know how to build systems (or screens etc.) like that or just have a chat about my market timing (you choose the subject) —> you can meet me here for a Zoom call:
https://calendly.com/portfolio123meeting
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The same thing with breakout trading, stuff like (Leisure —> Quad 1 exposure!) that does not happen in a vacuum:
Remember: liquidity and market internals (most important!) are all you need, Druck is leading the way (by technical analysis he means the internals, e.g. the network momentum (what I call the Quads)):
All right, I am 95% long and bullish (again!) since here: September 11th (yes with a one-day hiccup on September 19, nothing is perfect ;-)) —>
Here was the bullish divergence on the GEX Sept 10th (after market hours) —>
All the best and best regards
Andreas
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