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The Chart Guys

No Hike But No Bulls

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Chapters15 segments · tap to seek
ticker lesson

Breakdown

0:00SPY· ticker

S&P 500 — big red day, sector-wide sell-off

  • Big red day since June top
  • No tick rotation between sectors
  • All sectors down, SPY breaks tightening range
  • Discrepancy in SPY levels
  • Bears aim for monthly consolidation
2:15NQ· ticker

NASDAQ — daily oversold, monthly higher low

  • RSI projection tool near daily oversold
  • 26960 NQ level
  • Monthly higher low strongest for bulls
  • Liquidations in South Korea drag semiconductors
  • Avoid scaling into dump
4:42lesson

Risk management in leveraged positions

  • Leverage leads to rapid liquidation
  • FOMO drives non-traders into positions
  • Avoid left side of V, take right side
  • Wait for bulls to prove momentum
6:40Cosby· ticker

Cosby — daily back burner, monthly 12 EMA

  • Capitulatory action today
  • Monthly 12 EMA rider
  • Volume structure visible on ETF
  • Bottom in Cosby triggers NASDAQ/SMH bounce
8:50SMH· ticker

SMH — daily oversold, hourly lower high

  • Volume stout but not huge
  • Daily oversold at 48096
  • Monthly 12 EMA target
  • Hourly lower high potential
11:12lesson

Market rotation vs. unified downside

  • Lack of rotation leads to SPY red day
  • XLF/XLV/MAGS consolidating
  • Semiconductors need bottoming
  • Weekly consolidation risks S&P 500
13:26SNDK· ticker

SNDK — 50% drop, daily oversold

  • Semiconductors down 50%
  • Daily oversold conditions
  • Capitulation or base-building needed
  • Wait for daily uptrend confirmation
15:39XLV· ticker

XLV — daily higher low, bull flag

  • Pullback off all-time highs
  • Daily higher low target
  • Bull flag pattern confirmed
  • Weekly consolidation risks
18:05MAGS· ticker

MAGS — weekly downtrend, earnings impact

  • Weekly downtrend confirmed
  • Earnings-driven gap down
  • 30-year yield headwind
  • Intermediate-term reprieve requires bounce
20:39NVDA· ticker

NVDA — weekly downtrend, double top

  • Weekly downtrend ongoing
  • Double top pattern
  • Rising wedge breakdown
  • Ratio chart needed for signals
23:04Gold· ticker

Gold — daily 12 EMA, falling wedge

  • Gold holds despite market selloff
  • Falling wedge for quarterly higher low
  • Need two-day 12 EMA breakout
  • Relative strength vs. silver
25:04Silver· ticker

Silver — daily downtrend, 2-day 12 EMA

  • Daily downtrend confirmed
  • 2-day 12 EMA rider
  • Relative strength vs. gold
  • Falling wedge potential
27:19Bitcoin· ticker

Bitcoin — weekly lower high, ratio test

  • Weekly lower high set
  • Testing weekly 12 EMA
  • Inverse head-and-shoulders potential
  • NASDQ ratio rejection risk
29:27lesson

Market discipline and risk management

  • Listen to market, don't fight it
  • Take what the market gives
  • Review past mistakes
  • Protect leverage usage
31:26Swing Report· ticker

Swing Report — curated buy zones

  • Names in buy zones after pullbacks
  • Relative strength indicators
  • Shopping list for traders
  • Curated for risk management

Informational only — this is The Chart Guys’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.