Tim Knight's Textbook Short Just Fell Another 15% Overnight

Tim Knight's favorite short just paid off again: the leveraged South Korea fund completed a textbook head-and-shoulders top and fell another 15% overnight, a pattern so clean he'd put it in a book. The more useful part is the discipline. Expecting a bounce, he trimmed from 37 shorts to 22 but refused to go flat, because nothing hurts worse than being right, getting out, and watching your call come true. His frame: markets climb a wall of worry and slide down a slope of hope. 📊 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 Teasing it out with a few charts 00:30 Hoping for a panic-buying bounce 01:15 Trimming 37 shorts down to 22 02:00 Why he won't go flat 02:40 KORU completes the head-and-shoulders 03:30 Down another 15% overnight 04:10 The semis trend line breaks 05:00 Waiting for the countertrend bounce 05:45 The slope of hope explained 06:40 Wall of worry versus slope of hope #tastylive #timknight #tradingcharts #headandshoulders #southkorea #shortselling #slopeofhope #semiconductors #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.