🟢 LONG /MNQ · G2 · C-1310-1
Entry 28700 lmt (till 13:20) · Stop 28669 (-31) · T1 28753 (1.7R)
Test-hold of RTH VWAP + QQQ call wall 28712, 3m/5m/15m up
Risk $124 x2 · $186 x3 · $248 x4
Against the daily downtrend
$QQQ
🟢 LONG MNQ · G2 · C-1237-1
Entry 28725 lmt (till 12:45) · Stop 28686.5 (-38.5) · T1 28884 (4.1R)
Test-hold of the VWAP +2 band at 28722 plus a GEX strike, 3m/5m/15m up
Risk $154 x2 · $231 x3 · $308 x4 ⚠
Caution: light volume, and the GEX call wall at 28764 sits overhead
$QQQ
/mnq $QQQ 3m and 5m are both down while 10m and 15m are still up, and price is stuck around 28600-28640, so neither side has an edge right now. Sitting out the chop is a good call
Dealer levels in MNQ prices as of 10:20 ET
(MNQ was about 28,884):
Call walls (resistance and magnet):
28,895 ($QQQ ) and 28,966 ($SPY). Price
is sitting right under them.
SPY flip: about 28,905, right at price.
The QQQ flip is higher, at 29,270.
Put walls (support): 28,214 (SPY) and
28,069 (QQQ).
Regime: dealers look short gamma,
which favors trend moves over chop. A
clean break above about 28,970 could
run.
/mnq Above (stop zone): 28,423 (15m 21 EMA), 28,431 (VWAP +1), and 28,444 (yesterday's high)
Below (targets): 28,294 (the X-list SPY 760 level), 28,213 (yesterday's low), 28,179 (London low), and 28,114 (VWAP)
Pivot: 28,300, where the 15m 50 EMA and the daily 200 EMA line up $QQQ
MNQ pre-market, Wed Nov 4 $QQQ
TL;DR: Election night set a bear trap. MNQ fell to 27,611.5, reversed the whole drop, and is now at 28,425, just under yesterday's high. I lean long while it holds above 28,300. The daily trend is still down, though, so expect stop sweeps near 28,444 and 28,250 first.
Levels
Yesterday: high 28,443.75, low 28,213, close 28,301
Overnight: high 28,662, low 27,611.5. The London low was 28,178.75.
VWAP is 28,114, with the +1 band at 28,431. The 15m 50 EMA and the daily 200 EMA are both at 28,300.
Plan
Long: wait for it to hold 28,300, then reclaim 28,444–28,510. Targets are 28,662, then 28,722.
Short: only if it loses 28,213–28,179. Targets are 28,114, then 28,038.
Range: fade the edges between 28,250 and 28,510.
News (ET): ISM Services is at 10:00, so no entries from 9:45 to 10:15. Before that, ADP is at 8:15 and the trade balance plus Treasury refunding are at 8:30. AMD is up 7% pre-market. X sentiment leans bullish, with low confidence.
da_trader 🇺🇸 retweeted
If you know Econ you know tariffs were the biggest unforced error of the Trump presidency, and the root cause of what is going down tonight. Just look at the numbers; sure people don’t like higher gas prices but they’re not the main reason food costs more and they’re not much higher than they were during Biden. Plus they’re recent; the tariffs began nearly day 1 of the Trump Admin and at a time when he was put in office by working class people who rebelled against the high prices they paid for everything during Biden. With tariffs Trump took those prices higher with a regressive tax on working people who don’t have the means to speculate around them in stocks. On top of that, tariffs never stoked the manufacturing boom that was promised. It’s so obvious but for MAGA to admit tariffs were wrong would be like arguing the 2020 election wasn’t stolen
da_trader 🇺🇸 retweeted
THANK YOU FLORIDA!
I am humbled and grateful beyond measure. As your Governor, I will give you everything I have.
We are going to make life in Florida more affordable. We are going to keep our streets safe. We are going to invest in our young people so that they can attain the Florida Dream that all of us love so dearly.
Florida is the envy of the nation. I will fight day and night to keep it that way and to lift our state to even greater heights.
God Bless you, God Bless Florida, and God Bless America.
da_trader 🇺🇸 retweeted
Ron DeSantis is laser focused, extremely smart, overwhelmingly competent and the most effective conservative leader in the country, which it turns out might have been useful at a national level
da_trader 🇺🇸 retweeted
New post is out on $QQQ $SMH $IWM
-Main idea is that we have lower projections across indices with current 20-week cycle still having ~3 more weeks to complete (Nov 20 ideal date)
-Seasonality is now positive and we can expect a post election rally which IMO will fail
-This is the set up; we'll rely on technicals to navigate next 3 weeks. Cont.
da_trader 🇺🇸 retweeted
$SOXX — 𝗧𝗼 𝗧𝗵𝗼𝘀𝗲 𝗪𝗵𝗼 𝗗𝗼𝘂𝗯𝘁 𝗧𝗵𝗲 𝗕𝗼𝘁𝘁𝗼𝗺. 11/01/26
𝗬𝗲𝘀, the May–November rising support (maroon line) has broken. Even the much older ascending black trendline has been violated. But 𝗱𝗼𝗻'𝘁 𝗰𝗼𝗻𝗳𝘂𝘀𝗲 𝗮 𝗯𝗿𝗼𝗸𝗲𝗻 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝘄𝗶𝘁𝗵 𝗮 𝗯𝗿𝗼𝗸𝗲𝗻 𝗺𝗮𝗿𝗸𝗲𝘁.
𝗧𝗵𝗲 𝗿𝗲𝗮𝗹 𝘀𝘁𝗼𝗿𝘆 𝗶𝘀 𝘁𝗵𝗲 𝗩𝗪𝗔𝗣. My anchored VWAP near $459.40 caught Friday's capitulation wick almost perfectly. Price rebounded roughly $14 from that level into the close. See the red ellipse and where price bottomed; perfection!
As discussed yesterday, $SOXL's net volume surged from −20% to +5% during the final two trading hours. That is a remarkable shift in buying pressure amid apparent technical destruction and fear.
𝗠𝘆 𝗶𝗻𝘁𝗲𝗿𝗽𝗿𝗲𝘁𝗮𝘁𝗶𝗼𝗻: Capitulation, absorption, and a potential transfer of control back to buyers.
𝗧𝗵𝗲 𝗯𝗲𝗮𝗿𝘀 𝘀𝗲𝗲 𝗯𝗿𝗼𝗸𝗲𝗻 𝗹𝗶𝗻𝗲𝘀. 𝗜 𝘀𝗲𝗲 𝗮 𝗩𝗪𝗔𝗣 𝗱𝗲𝗳𝗲𝗻𝗱𝗲𝗱. As long as ~$459 holds, the opportunity remains for $SOXX to reclaim the broken trendlines and reenter the upper triangular structure.
𝗧𝗼𝗱𝗮𝘆'𝘀 𝗯𝗿𝗲𝗮𝗸𝗱𝗼𝘄𝗻 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲 𝘁𝗼𝗺𝗼𝗿𝗿𝗼𝘄'𝘀 𝗯𝗲𝗮𝗿 𝘁𝗿𝗮𝗽.
I'm constructive on $SOXX and $SOXL. The VWAP is my line in the sand. The market maker will provide you with the bullish narrative leading into the midterms.
Share & Subscribe, <link in bio>.
$SPY $QQQ $IWM $MDY $RUT $DIA $SDOW $SOXX $SOXS $SMH $NVDA $TSLA $YINN $VIX $VXX $TLT $BTC $GLD $SLV $SVXY $DRAM $SNDK $MU $EWJ $EWY
da_trader 🇺🇸 retweeted
IRAN'S FOREIGN MINISTER ARAQCHI ON TALKS WITH QATARI MEDIATORS: NEGOTIATIONS ARE ONGOING AND PROGRESSING, BUT WE HAVE NOT YET REACHED A DEFINITIVE CONCLUSION
da_trader 🇺🇸 retweeted
The Binance hacker is swapping the stolen 970,522 $SOL ($95.9M) for $BTC.
In the past hour, the hacker moved 486,970 $SOL ($46.4M) and is now swapping $SOL for $BTC through @RelayProtocol.
arkm.com/explorer/address/Af…
da_trader 🇺🇸 retweeted
It was just a matter of time…All the signs of a violent correction were there
On the bright side, generational opportunities are starting to emerge
For those with cash and a long time horizon you may be in for a big treat
Chin up to all those that are feeling it today - this too shall pass
Have a great weekend
Things are setting up for a VIOLENT market correction:
-Ai bubble fears & leaders screaming for regulation
-10Y at ~5%
-Oil > $100
-Inflation risk back in play
-Fed rate hike fears
-Buffett indicator near historic extremes
-Real estate cracking in major metros
-30Y mortgage at ~7%
-Speculative leverage showing cracks
-Election uncertainty
So we've got...
Expensive stocks + 5% risk free + $100 oil + sticky inflation + Ai bubble fears + leverage + election uncertainty
Buckle up cause it might get VERY bumpy...
da_trader 🇺🇸 retweeted
⚠️ **Binance says it has replaced 90% of stolen crypto after massive $6.3 billion breach**
Binance says it has replenished 90% of the $6.3B stolen, up from about 80% in its previous update; BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC are now fully backed.
The remaining 10% is less-liquid tokens being bought via public markets and OTC; funding is from corporate treasury, futures insurance fund and a partial SAFU deployment expected in the next 24 hours, with SAFU to be restored to about $1B.
Binance published a new proof-of-reserves snapshot taken at midnight UTC on Oct. 31 showing coverage at 100% or more for the named tokens; the full cryptographic proof is expected Nov. 3.
Withdrawals remain on track to resume Sunday, Nov. 1.
Source: CoinDesk — coindesk.com/business/2026/1… — Oct 31, 2026, 11:24 a.m. EDT
da_trader 🇺🇸 retweeted
Options flow leans bearish, which is context only and not a signal. [CheddarFlow] says $SPY lost its 760 put wall and dealers are short gamma. That points to faster moves, with next magnets near MNQ 28,574 and 28,385. [Flowtopia's call/put flow](teapaw.org/flowtopia_co/status/21…) has also leaned to puts since 9:45.
$SPY just lost the 760 put wall 🚨
Biggest gamma strike on the board, -2.8B, and spot is now trading under it with dealers -16.8B short gamma
Next big put strikes below are 755 and 750
