🎨 Chart Art: I Want to Show You Something
Let's have a little fun with the dump!
I wrote this last night and for whatever reason after I clicked publish it did not—so here it is entirely untouched/ unedited. What’s cool is you can see exactly how it plays out today with no hindsight trading
Decided to sneak a free issue out explaining the Flash Dump tonight as I see it, which is just one opinion—YEET Plus is in AMD puts and ASML puts so it’s going to be a long night of aniticipation for Premarket Open!
First here’s a video on how we picked puts this week using Unusual Whales!
🎨 Chart Art: I Want to Show You Something
Since I’ve been back from hiatus, the mission has shifted. The “Yeet” isn’t about chasing volume anymore—it’s about efficiency. 📈 If I’m in a trade, I want it to be so clean I’d give it to my Granny. 👵 If I’m putting out edu, it’s game I’d give my nephew. 👦
We’re going to build this move piece by piece so you can see the construction behind the curtain. 🏗️
📉 The Scene
Lil VIX the VWAP Stan: “Milt, look at the tape! We just nuked 2% in the overnight session before the clock even struck midnight! 🕛 How are we supposed to find the floor without a hundred bands?”
Milt: “Calm yourself, nephew. We don’t need the noise. We’re looking for the signature of a purposeful move.” 🔍
CHART ART: Sponsored by This is Us
📏 Step 1: The Invisible Grid
Most people are staring at the 1-minute or the 5-minute getting whipped around. They don’t see the architecture. 🏛️
If I draw a line at the tip of each wick of the Monthly candles near where we’re trading...
The chaos starts to look like a staircase. 🪜
🎯 Step 2: The Precision
Lil VIX: “Okay, I see the lines... but does price actually care about a wick from months ago?” 🤔
Milt: “Look at the respect, Stan.”
The candle body respects that 6,638.00 monthly level almost to the dollar. 💵
Then, it travels down to the next one for a perfect “dink.” 📍
Just the tip, indeed! ✨
🧩 Step 3: Finding the “Why”
Lil VIX: “But there are levels everywhere. Why did it have to be this one?”
Milt: “Because of December.” 🗓️
Look at candle ‘1’.
That’s the Local Bottom—the lowest point in recent price action that led to the entire reversal. 🔄
It’s the ultimate line in the sand. 🏖️
🔄 Step 4: The Rule of the Retest
The market has a memory. 🧠
Back at candle ‘2’, price passed the monthly and never came back to confirm it was conquered. 🚩
In Chart Art, we call that a Missed Retest or Backtest. 🔙
All levels must be RETESTED to make sure the level is sound. 🏗️
🏁 The Conclusion: Flag or Die Zone
Right now, we have HELD THE LOW. 🛡️ We are currently sitting in a Flag or Reversal Zone. 🚩
The Reversal: We need an hourly candle to close ABOVE this range and RETEST it. 🚀
The Death: If we break the downside and fail to RECLAIM (an upside retest), it’s over. 💀
Where do we go on a reversal? The Gap Test and/or Fill that We. Just. Created.
See you in the morning!
Nice lesson! Am assuming 6641 retest close enough for govt work?