Faded the gap up and entered when closed below declining 10EMA with MACD confirmation with SL at 49.50 HOD.
Scaled 50% at 39.20 & another at 50% at 39. Left runner on and moved SL to break even.
Catalyst:
Results on 14/04/2026 showed net margins cut in half from 1.8% to 0.9% in a low margin business.
Gross margins and vehicle profit per unit are declining.
This is a low-margin business getting worse, not better.
Overall market trend: Bullish phase – day 8
Yesterdays market: Money entering the market – High buying pressure
TC2000 McClellan: 55 cooled off but still elevated
Stocks above 40PMA: 60%
VIX: 19
Seasonality: April is typically a strong month
Indices:
$QQQ: Uptrend
$IWM: Uptrend
$SPY: Uptrend
$DIA: Uptrend
$BTC: Uptrend
$SQQQ: Downtrend
$UVIX: Downtrend
$TLT Downtrend
1%+ sectors yesterday:
1%- sectors yesterday:
Main sectors monthly trailing:
Sub sectors monthly trailing:
Bitcoin: Under the 200sma at 78k ish
Themes: Semis, Tech, Metals, Retail
Are breakouts likely to work for the next 3 – 5 days: Yes but expect some backfill / consolidation
Are breakdowns likely to work for the next 3 – 5 days: No, unless war related or scalps
Should I be trading: Yes, overbought conditions eased with 20% study back below 100
Overall market trend: Bullish phase – day 7
Yesterdays market: Money leaving the market – High selling pressure
TC2000 McClellan: 65 cooled off but still elevated end of range
Stocks above 40PMA: 59%
VIX: 20
Seasonality: April is typically a strong month
Indices:
$QQQ: Uptrend
$IWM: Uptrend
$SPY: Uptrend
$DIA: Uptrend
$BTC: Uptrend
$SQQQ: Downtrend
$UVIX: Downtrend
1%+ sectors yesterday:
1%- sectors yesterday:
Main sectors monthly trailing:
Sub sectors monthly trailing:
Bitcoin: Under the 200sma at 78k ish
Themes: Semis, Tech, Metals, Retail
Are breakouts likely to work for the next 3 – 5 days: Yes but expect some backfill / consolidation
Are breakdowns likely to work for the next 3 – 5 days: No, unless war related
Should I be trading: Yes, overbought conditions eased with 20% study back below 100
Overall market trend: Bullish phase – day 6
Yesterdays market: Money entering the market – Normal buying pressure
TC2000 McClellan: 121 high end of range
Stocks above 40PMA: 63%
VIX: 19
Seasonality: April is typically a strong month
Indices:
$QQQ: Uptrend
$IWM: Uptrend
$SPY: Uptrend
$DIA: Uptrend
$BTC: Uptrend
$SQQQ: Downtrend
$UVIX: Downtrend
1%+ sectors yesterday:
1%- sectors yesterday:
Main sectors monthly trailing:
Sub sectors monthly trailing:
Bitcoin: Under the 200sma at 76k ish
Themes: Semis, Tech, Telecoms, Financials
Are breakouts likely to work for the next 3 – 5 days: Yes but expect some backfill / consolidation
Are breakdowns likely to work for the next 3 – 5 days: No, unless war related
Should I be trading: Yes, but stocks up +20% in 5 days still over 100, anything over 100 is considered frothy so expect some kind of pullback
Showed up in EP1 & EP4 scans on Friday. Entered long as a 9 million EP.
Catalyst:
“Critical Metals boosted its ownership in the Tanbreez rare earth project to 92.5% after acquiring the remaining 50.5% interest it didn’t already own from Rimbal Pty Ltd. Benzinga Critically, the Government of Greenland approved the transfer — which is what really moved the needle, as it cleared the major regulatory hurdle and gave CRML nearly total strategic and operational autonomy over one of the planet’s premier heavy rare-earth deposits. “
“CRML closed Friday at $12.56, up 35.49%, with trading volume reaching 72.8 million shares — about 427% above its three-month average. “
Overall market trend: Bullish phase – day 5
Fridays market: Money entering the market – Very high buying pressure
TC2000 McClellan: 126 high end of range
Stocks above 40PMA: 63%
VIX: 20
Seasonality: April is typically a strong month
Indices:
$QQQ: Uptrend
$IWM: Uptrend
$SPY: Uptrend
$DIA: Uptrend
$BTC: Uptrend
$SQQQ: Downtrend
$UVIX: Downtrend
1%+ sectors Friday:
1%- sectors Friday:
Main sectors monthly trailing:
Sub sectors monthly trailing:
Bitcoin: Under the 200sma at 75k ish
Themes: Semis, Tech, Financials
Are breakouts likely to work for the next 3 – 5 days: Yes but expect some backfill / consolidation
Are breakdowns likely to work for the next 3 – 5 days: No, unless war related
Should I be trading: Yes, but stocks up +20% in 5 days is at 171, anything over 100 is considered frothy so expect some kind of pullback
Had it as a delayed reaction for a while, took a small swing long position today on the a break of the opening 3m bar with stop at LOD. Volume was running 350% vs 20 sma.
Took a smaller position as the markets are at the frothy end and due some kind of pull back or consolidation.
Overall market trend: Bullish phase – day 4
Yesterdays market: Money entering the market – Normal buying pressure
TC2000 McClellan: 88 high end of range
Stocks above 40PMA: 56%
VIX: 18
Seasonality: April is typically a strong month
Indices:
$QQQ: Uptrend
$IWM: Uptrend
$SPY: Uptrend
$DIA: Uptrend
$BTC: Uptrend
$SQQQ: Downtrend
$UVIX: Downtrend
1%+ sectors yesterday:
1%- sectors yesterday:
Main sectors monthly trailing:
Sub sectors monthly trailing:
Bitcoin: Under the 200sma at 75k ish
Themes: Semis, Tech, Financials
Are breakouts likely to work for the next 3 – 5 days: Yes but expect some backfill / consolidation
Are breakdowns likely to work for the next 3 – 5 days: No, unless war related
Should I be trading: Yes, but stocks up +20% in 5 days is over 100, anything over 100 is considered frothy so expect some kind of pullback
Overall market trend: Bullish phase – day 3
Yesterdays market: Money entering the market – High buying pressure
TC2000 McClellan: 99 high end of range
Stocks above 40PMA: 54%
VIX: 18
Seasonality: April is typically a strong month
Indices:
$QQQ: Uptrend
$IWM: Uptrend
$SPY: Uptrend
$DIA: Uptrend
$SQQQ: Downtrend
$UVIX: Downtrend
1%+ sectors yesterday:
1%- sectors yesterday:
Main sectors monthly trailing:
Sub sectors monthly trailing:
Bitcoin: Under the 200sma at 75k ish
Themes: Semis, Tech, Financials
Are breakouts likely to work for the next 3 – 5 days: Yes but expect some backfill / consolidation
Are breakdowns likely to work for the next 3 – 5 days: No, unless war related
Should I be trading: Yes, but stocks up +20% in 5 days is at 100, anything over 100 is considered frothy so expect some kind of pullback
Had it flagged as a possible short failing to claim 50 SMA on daily below. Tracked $USO & when that started to breakdown entered on below when it failed to get above the declining 10 EMA. Scaled 50% on breach of lower BB.
On the daily above failed to reclaim the 50 sma the day before and opened with a gap down.
Stock goat 