Around 11:15, SPX was oversold on RSI, spiked on ADX, crossed over on MACD, and VIX was flat. I didn't buy, it then ran 50 points in the next 40 minutes. The same goddamn setup happened at 1, I did buy...and now it's flat as shit. I know it's gambling, but come on, man.

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i just looked at the ADX - it takes a measure of the positive vs negative inflows. looking at the charts, i thought it was crazy they all looked the same. so then i looked at the ADX- theyre also the same. the stocks are all moving together like theyre bound. NVDA is just one stock, but it tracks exactly to QQQ, which is 100 stocks, weighted in different categories, NVDA only makes up 10% of it's whole position. then QQQ is a S&P 500 ETF, it has a lot more positions than QQQ even. NVDA only makes up 8% of its total. so it seemed very strange that they were all moving together, like NVDA is the only thing holding up one index that is pretty broad (100 stocks) and one that is much broader (500 stocks). QQQ and SPY are huge ETF's that have a shit ton of investment from a bunch of different places in each of them. obviously NVDA has a lot of investment in it too, but its just one piece. so to me, it looks like the entire dadgum market is held up by one stock, which is super scary because it's not diversified, it's only one piece. if that piece falls, the whole dang thing is going to be a shitshow. it would only take one piece of bad news or a few whales devesting (like softbank did). hope that clears it up. im not that experienced, just noticing shit that doesnt make sense

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