Breakdown

[Luckyone]

The indexes broke down today in a "convincing" way. Not only did they break the pivotal intraweek supports, but did it with positive fundamental news that generated a reversal day of indicative consequence, all by itself.

In addition, I cannot see anything out there (fundamentally or chart-wise) that could turn this around.

As such, this is now officially a full-blown correction at the very least.

Chart-wise, there are no supports below in the DOW for another 1000 points, in the SPX for another 400 points and in the NAZ for another 2000 points. Drops down to those levels would mean a correction of 9% (DOW) to as much at 15% (NAZ).

Those figures are quite normal in a "full-blown" correction (and even more).

Here is the pic that shows you exactly what I mean:

Nasdaq 100 Index Chart Panel - Barchart.com

Customizable interactive chart for Nasdaq 100 Index with latest real-time price quote, charts, latest news, technical analysis and opinions.

go.skimresources.com

 

[excalibur]

Markets go up, markets go down.

 

[DonGlock26]

The indexes broke down today in a "convincing" way. Not only did they break the pivotal intraweek supports, but did it with positive fundamental news that generated a reversal day of indicative consequence, all by itself.

In addition, I cannot see anything out there (fundamentally or chart-wise) that could turn this around.

As such, this is now officially a full-blown correction at the very least.

Chart-wise, there are no supports below in the DOW for another 1000 points, in the SPX for another 400 points and in the NAZ for another 2000 points. Drops down to those levels would mean a correction of 9% (DOW) to as much at 15% (NAZ).

Those figures are quite normal in a "full-blown" correction (and even more).

Here is the pic that shows you exactly what I mean:

View attachment 1186093

Sell everything and get out of the market.

 

[Luckyone]

Sell everything and get out of the market.

Thanks for your suggestion but I am short and I have no plans to get out right now!

$$$$$$

 

[DonGlock26]

Thanks for your suggestion but I am short and I have no plans to get out right now!

$$$$$$

Wow you shorted everything? That seems reckless.

 

[Crepitus]

Sell everything and get out of the market.

That would encourage further collapse.

Is that what you want?

 

[DonGlock26]

That would encourage further collapse.

Is that what you want?

If he is panicking, it's best to get out.

 

[Crepitus]

If he is panicking, it's best to get out.

You do realize that folks who are panicking don't usually take time to prove charts and detailed explanations, right?

 

[DonGlock26]

You do realize that folks who are panicking don't usually take time to prove charts and detailed explanations, right?

Maybe it calms him down? Regardless, if he's weak, then it's best to find something more calming.

 

[Luckyone]

Wow you shorted everything? That seems reckless.

I am short 3 stocks.

1) I shorted CRDO at 180.64 on November 3rd. Closed today at 134.73.

2) I shorted EDC on November 3rd at 56.50. Closed today at 48.55.

3) I shorted ORCL on November 3rd at 257.85. Closed today at 210.69.

I am long 4 stocks

1) I am long BCTX at 4.03. Closed today at 7.02.

2) I am long LXRX at 1.02. Closed today at 1.32.

3) I am long NB at 6.88. Stock closed today at 5.22

4) I am long VWDRY at 5.76. It closed today at 7.70.

I am diversified but recently I have turned aggressively short while being conservatively long. I have been handpicking stocks based on charts and independent-to-the-stock fundamentals

 

[DonGlock26]

I am short 3 stocks.

1) I shorted CRDO at 180.64 on November 3rd. Closed today at 134.73.

2) I shorted EDC on November 3rd at 56.50. Closed today at 48.55.

3) I shorted ORCL on November 3rd at 257.85. Closed today at 210.69.

I am long 4 stocks

1) I am long BCTX at 4.03. Closed today at 7.02.

2) I am long LXRX at 1.02. Closed today at 1.32.

3) I am long NB at 6.88. Stock closed today at 5.22

4) I am long VWDRY at 5.76. It closed today at 7.70.

I am diversified but recently I have turned aggressively short while being conservatively long. I have been handpicking stocks based on charts and independent-to-the-stock fundamentals

So, you arre staying in the market despite your TDS.

 

[Luckyone]

So, you arre staying in the market despite your TDS.

I am a trader and as such, always in the market. Sometimes more and more aggressive and sometimes less and more conservative, but constantly trading. Up or down in the market makes no difference to me. I can as easily short stocks as purchase them.

People like you only are buyers and those are the ones this OP was meant for.

 

[Luckyone]

By the way of the OP itself and talking about Trump.

He has lost a lot of money on Bitcoin recently

His own company called "Official Trump" Bitcoin, started trading at 75.35 and closed today at 6.65. That is more than a 90% loss and in Bitcoin itself:

Losses on Trump Media's Bitcoin Holdings

Trump Media & Technology Group's investment in Bitcoin has decreased in value since its acquisition.

• Purchase details: TMTG began acquiring Bitcoin in May 2025 and, as of a September 30, 2025 filing, held 11,542 Bitcoin. Most of this was acquired at an average cost of over $118,500 per coin.
• Current status: With recent Bitcoin prices falling significantly from those acquisition costs (closed today at 87,186), TMTG has likely incurred hundreds of millions of dollars in paper losses on its Bitcoin treasury in Q4 2025 alone.

Losses on the "Official Trump" ($TRUMP) Meme Coin

The "Official Trump" meme coin has experienced a massive drop from its peak value.

• All-time high: The $TRUMP coin reached an all-time high of approximately $75.35 per token in January 2025.
• Current price: As of November 20, 2025, the price has plummeted to approximately $6.65 per token, representing a drop of over 90% from its peak.

We do not know how much he invested in the "Official Trump" bitcoin so we cannot say how much he has lost in his own company, but in Bitcoin, Trump is presently showing a loss of $361 million.

So much for a savvy businessman.

 

[Luckyone]

So, you arre staying in the market despite your TDS.

See post #13. It is eye-opening.

 

[DonGlock26]

See post #13. It is eye-opening.

If you aren't afraid, then why should I be? You should get that TDS checked out though.

 

[Luckyone]

If you aren't afraid, then why should I be? You should get that TDS checked out though.

I think it is you that needs to get your TDS (Trump Devotion Syndrome) checked out.

 

[DonGlock26]

I think it is you that needs to get your TDS (Trump Devotion Syndrome) checked out.

It's not my panicked thread.

 

[Luckyone]

It's not my panicked thread.

You mean that knowing that supported of importante and that normally triguero automóvil computer/algorythm.selling that affects your own pocket is panicking?

 

[kc48]

buy low sell high

 

[DonGlock26]

buy low sell high

And don't panic.