One of the worst things you can do in trading is be lucky. You take a trade, it works, and you tell yourself the 200-day did it. Or price crossed VWAP and that was the signal. That's the gauntlet, right there. Except a lot of the time it was chance, and now you've learned the wrong lesson and you're going to run that same play until it stops paying. I love VWAP. I love the 40. But sometimes there's something through the trees, and that's the forest. Pull up any chart and just stare at it. One minute, five minute, daily, doesn't matter. Give it a minute before you touch anything. You'll start seeing things. Big wicks. Areas price keeps coming back to. A level where it sells off every single time it gets there. Now, you could look at that sell-off and say, well, that's the 40 moving average,

Mark showed a trade this morning and kept calling it "well-timed." I like how you're so polite about it, Mark. Well-timed information. Here's the trade he's being so polite about. Yesterday HOOD was trading around $100 when somebody started buying it. Mark caught that buying, grabbed the calls, and this morning HOOD is up seven points. That is an 8% move overnight. They closed it for more than 50% and were done. And if you signed up to our live event which is tonight at 7pm ET, you too, could have gotten this alert for free! What matters is the timing. Mark saw the buying before the stock moved, not after. That is the whole thing we do at Wiretap, and it is what he and I are getting into live tonight. Because here is where we split. My read on this market is that it wants to go down,

SPY and the QQQ both set up an ascending triangle. That's when a stock keeps hitting the same ceiling while the floor underneath it rises, like it's coiling up to punch through the top. It almost always breaks upward. This time both of them broke the other way. There's a catalyst, obviously, the pattern triggered. But it's like a silent catalyst, and it's the first time in my life I've seen one break down like this with nothing behind it. Usually this is right where the news presents itself. This time it's not. Something ain't normal here. Stranger danger. A run is the scapegoat. What I mean is, Iran is the kind of surprise that smacks the tape and hands everybody a reason to point at. There's nothing like that here. No headline, no surprise, no story to pin the selling on. It just broke and the reason never showed