🤯Enter The YEETiverse: Rick & Chief #1

Can the boys escape the Downtrend and restore bullishness to The YEETiverse?

This is going to be SPY prep, trade review, and some flow plays we like this week. For the unitiated, Chicken Rick is the mascot we had initially when Milt started learning Price Action—were just having a little fun bringing back some old characters and concepts as price action gets a little wonky in the market.

Chicken Rick is currently 3/3 on trade this week on YEET Plus. Milt’s been a little under the weather so hasn't been giving many—but quality over quantity. Tomorrow we’ll crank up the heat.

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When we last left our hero Master Chief, he was recovering in an alien hospital after conquering The Trend Day with 125% on SPY and 600% on NVDA.

(it was this YEET)

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Here’s a visual representation of SPY breaking trend and setting a new one

As represented by the falling out the channel

The trend outbreak was futile, as futures on Tuesday saw us open beneath a monthly level, woefully down.

SPY Levels:
565.17, 563.68, 555.03, 554.23, 552.00, 550.28, 548.88, 548.34, 547.86, 546.93, 545.65, 543.99, 542.49, 539.83, 537.91

OTM Market Tide showed a sharp bearish increase into the close, so this drop in extended hours was somewhat signaled. Tomorrow we will be looking to enter cautiously at monthly levels, and focusing on Flow Callouts on YEET Plus.

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🤖The Flow Section: A YOLO and a Signature Trade