Tim Knight's Brazil Chart Call Just Paid 500% Overnight

Tim Knight takes a victory lap on a chart almost nobody was watching: back on October 5 he flagged a short setup in Brazil's EWZ against a long-broken trend line, and this morning the options are up 400 to 500%. He calls it the chartist's win he didn't trade himself. Then back to the tape: it's green across the screen, a bounce he intends to fade, still short 37 positions. Every position is anchored to last Wednesday's gap, which he's watching for an exhaustion. 📊 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 victory lap on Brazil's EWZ 00:45 Mushed against a broken trend line 01:20 The options up 400 to 500% 02:10 I give you charts, not trades 02:40 Back to normal, fading the bounce 03:10 Still short 37, stopped out of one 03:50 Green across the screen 04:30 It's all about the gaps 05:30 The semis, watching for exhaustion 06:40 Still a fan of shorting bonds #tastylive #timknight #tradingcharts #brazil #ewz #shortselling #semiconductors #gaps #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.