Recently began organizing the names of settlements completed in the fourth quarter, in preparation for the quarterly summary of the fourth quarter, and discovered 3 interesting trades:
$SoundHound AI (SOUN.US)$ Sell out when there are too many instances above the upper trendline...
$TheRealReal (REAL.US)$ $NextNav (NN.US)$ Both were sold out when approaching 10X ATR and exceeding 50-day moving average as final sell signals...
Although these 3 trades have shown good profits in terms of results (100%+, 50%+, 50%+), in practice, it has been proven that sell indicators such as observing indicators along the upper trendlines and using the ATR multiple extension relative to the 50MA appear weak in the face of truly strong names...
"No one is smarter than the 10/20MA" - Qullamagie
Respect to Qullamagie once again 🫡
Merry Christmas 🎄🎅🎁

Last week review 👉🏻Market review + Hold Positions (09/12-13/12 2024)
Market behavior this week:
$NASDAQ 100 Index (.NDX.US)$ and $S&P 500 Index (.SPX.US)$ Subscribe on Mondays and withdraw on Fridays, distribute on Wednesdays.
$Russell 2000 Index (.RUT.US)$ Subscribe on Mondays and withdraw on Fridays, distribute on Tuesdays and Wednesdays.
ndx > spx > rut.
SPX and RUT have almost completely given back all the profits from the Trump campaign rally; NDX remains relatively resilient at this stage; NDX is still above the 50MA, closing near the 20MA on Friday, SPX barely closing above the 50MA, RUT returning to the chip accumulation zone before VCP; detailed preparation for the possibilities in both directions is still needed at this stage, uncertainty always accompanies the norm; the next two weeks are expected to have relatively dry trading volumes seasonally, perfect for in-depth chart work for the future, and proper relaxation of mind and body, personally will also enter vacation mode on an island.
Weekly Charts:
NDX remains above the 10MA, SPX closed near the 10MA, RUT temporarily successfully tested the 30MA; the uptrend is still intact.
Breadth:
From December 9th to December 19th, there was a massacre of breadth for 9 consecutive trading days. It is worth noting that the positive readings on the 18th and 19th were the two lowest values in the second half of the year, and the negative reading on the 19th was the lowest since the second half of the year...

Review of last week 👉🏻Market Review + Holding Positions (02/12-06/12 2024)
Market behavior this week:
$NASDAQ 100 Index (.NDX.US)$ Distributing on Monday, accumulating funds on Friday;
$S&P 500 Index (.SPX.US)$ Distributed on Mondays and Fridays, absorbed on Wednesdays;
$Russell 2000 Index (.RUT.US)$ Distributed on Mondays and Thursdays, absorbed on Wednesdays.
ndx > spx > rut.
In the past two weeks, there has been a strong market with weak performance, which participants familiar with the market cycle rhythm of the past two years should be no strangers to. It's time to start tightening defensive measures until the situation with mid- and small-cap stocks improves; BTC is still hovering around 100,000 consuming the energy of contract players, semiconductors are still in accumulation phase struggling with upward momentum, biotechnology is being slaughtered once again...
Weekly Charts:
NDX and SPX still have not changed much, while RUT has seen large trading volumes in red candles over the past two weeks, which requires a bit of attention.
Breadth:
Although still in green, there is a noticeable trend of short-term deterioration.
Weekly Notes:
Within the system trades: COIN and PTON's RS are slightly downgraded.
Market Sentiment:
AAII's relative bullish sentiment cooled slightly compared to the previous week, with almost no sign of contrarian market behavior this week.
The panic index remains neutral, with two breadth branches in extreme panic.
Current positions held:
Among them: MSTR, BKKT, OLLI, UNFI,...

Liquidation:
$Destiny Tech100 (DXYZ.US)$ (+0.443%) Broke through the stop loss on Monday, sold 2/3 of the position, held the remaining for low-profit oscillation exit, and the account profit was 0.443%; the volatility has exceeded the range of system risk control, such oscillation exits are not considered rare events, as part of the trading system, they have been habitually accepted 😅
$Travere Therapeutic (TVTX.US)$ (-0.322%) Broke through the stop loss on Monday and exited, resulting in a 0.322% loss in the account.
$Talen Energy (TLN.US)$ On Monday, the stop-loss was triggered and exited the position, resulting in a 0.312% loss in the account.
$Direxion Daily Small Cap Bull 3X ETF (TNA.US)$ On Monday, the ETF target was bought at 0.3% account risk, with a same-day stop-loss exit resulting in a 0.299% loss in the account; choosing the wrong side between FNGU and TNA, it's important to quickly admit mistakes and exit.
$Carvana (CVNA.US)$ On Monday, dropping below the original purchase price led to selling all positions, nearly breaking even on the exit, resulting in a 0.006% loss in the account; its chart shows a bigger picture, with good opportunities ahead, so keep patient 🙂.
$Innodata (INOD.US)$ (+0.299%) fell below the original Buy on Tuesday...