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Why This Huge Market Bounce Could Be a Bull Trap

NowPress play to follow along0:00 / 10:21
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ticker lesson

Breakdown

0:00META· ticker

Meta short, $60k is the line

  • Short Meta since summer, bearish on company
  • Tumbled to $60k, took profits
  • Chart setup not clean but worked out
1:40NASDAQ· ticker

NASDAQ rally after 5-day red streak

  • Green bar after 5-6 red days
  • Apple/Amazon post-close earnings watch
  • V-shaped recovery, trend uncertainty
3:27ENQ· ticker

ENQ's gentle arc recovery

  • Daily chart shows smooth arc
  • Fell hard Tuesday/Wednesday
  • Undone damage today, bullish for short sellers
5:20CARVANA· ticker

Carvana's 2021-style recovery

  • Earnings showed right direction
  • Pattern repeats from 2021 lows
  • January puts triggered profit-taking
7:17META· ticker

Meta's lower highs pattern

  • Lifetime high approached $800
  • Sold at year-low level
  • AI spending led to bearish outcome
9:02ES· ticker

ES support line breached/recovered

  • Breached green support line yesterday
  • Recovered today, rally ongoing
  • Next week's potential violation watch

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