SPY I know I was trashing chips earlier but this setup actually looks like it could be quite bullish. Reentered 4/25 $550c at the last minute. 
VIX also looks like it wants to gap down. Couldn’t break above $32 again. I still have puts open but I’m suspicious that next week could see bullish price action. 
NVDA 
AMD SOX
SPY NVDA AMD SOX Chips will drag this down today. Perhaps the biggest bubble since dot com. People will soon come to the realization that these insane valuations came from Bitcoin mining (Nvidia), covid-chip shortages, and government spending. AI is here to stay but the media has spent the past 3 years hyping it up to justify these outlandish P/E ratios. Chips will soon come back to reality.SOX Double top on chips sector looks incredibly bearish. Looks like it could drop another 20% over the next few months. AMD NVDA 
SMCI 
INTC
NVDA Low volume but still looks bearish. If this bounces tomorrow I would expect the reaction to earnings to be negative, which should take the price to under $115. I like NVDA but chips could be the biggest bubble since dot com. They got too big too fast and a correction like this is necessary. SOX
SOX A kiss of the double top. 
SOX Daily has been trending since 1/13. Already it has hit my Gartley target (point D). Now it is flagging at a key Gann Confluence line at 3105. Flags like this usually break to the upside. SOX usually LEADS SPY, just sayin".
