The Nasdaq Is About To Print A Sixth Red Day

Six red days in a row on the Nasdaq, and Tim Knight opens with a decision that had nothing to do with charts. He is normally religious about stop orders, but this one sat too close to the open, so he pulled it rather than get taken out on the bell. He also covers bitcoin's run out of the low sixties and why most of that move looks behind us, gold pressing into resistance while the Nasdaq slides, the miners tagging along, and what the implied move says about next Wednesday. His views are his own, not tastylive recommendations. 📊 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 A stop he pulled early 01:36 Where the session turned 03:04 Contrasting the S&P and Nasdaq 03:54 Six red bars and counting 04:37 What the bond chart shows 05:24 Bitcoin comes back to life 06:21 Where the move might stall 07:20 A level he would find appealing 07:52 Gold pressing into resistance 08:52 Gold as the hedge now 09:35 A three day move in strategy 10:33 Semiconductors into Nvidia week 11:13 What the implied move says #tastylive #timknight #nasdaq #bitcoin #gold #nvidia #stoploss #technicalanalysis #trading #charts 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.