The Spooky New Nasdaq Channel He Just Discovered

Tim Knight lays out a bold two-for-one idea for a huge week: short stocks and bonds at the same time. They've been inversely correlated all October, but he thinks that correlation flips positive and both fall together. On the Nasdaq, a spooky new lower channel matching the old broken one, 28,000 the line to watch. On the S&P, shrinking rallies and a head-and-shoulders top targeting 736 on the SPY. The speculative part: the IEF looks like a right triangle rolling over. 📊 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 Hours from a huge trading week 00:34 Stocks and bonds, inversely correlated 00:51 The two-for-one short idea 01:12 A spooky new Nasdaq channel 02:25 Trading at the August 3rd level 02:47 Watch 28,000 on the Nasdaq 03:26 The S&P, shrinking rallies 04:32 A head-and-shoulders pointing to 736 05:32 Two ways this could play out 06:44 The speculative bonds-fall-too call #tastylive #timknight #tradingcharts #nasdaq #bonds #correlation #shortselling #headandshoulders #technicalanalysis #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.