Post-Fed Selloff: Why Key Support Levels Just Broke

The hike landed exactly as expected and the market sold off anyway. Tim Knight opens on the horizontal he has been pointing at for weeks, now cleanly broken, and the open field he sees underneath it. Partway through the show the Nasdaq loses its own support while he is talking, and he says the selling has started feeding on itself. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 The spider breaks support 01:19 Small caps keep sliding 01:47 The Dow is his honey child 04:18 Tech melting during the show 05:58 Semis finally turn red 06:26 Foreign equities and China 07:30 Mexico played out perfectly 08:34 Korea and an unfinished top 09:32 What speculate actually means 10:18 Bonds, utilities and credit 13:09 Bitcoin heading toward 67,000 14:00 Crypto equities turn south 15:17 The gold trade he closed 17:30 The short he fumbled 18:07 More individual shorts 20:37 Why semis matter most 22:44 Yields pushing higher 24:05 Where he thinks this goes #tastylive #timknight #fomc #shortselling #bitcoin #gold #semiconductors #technicalanalysis #federalreserve #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.