tuckb4

tuckb4

The charts on the homebuilders are stretched and NYSE:TOL looks to be putting in a top here after 5 waves up. Interest rates are cruising higher and there is no reason the builders should be flying this high.

tuckb4 Updated 

chart doesn't lie

tuckb4 Updated 

The 1929 crash and 2020 crash look eerily similar. I'm looking for a top of wave 4 tomorrow at the 50% retracement of wave 3. We should get one final leg down on this crash. From there I'm looking for a bounce back up to the 200 day Moving Average. This bear market is just starting in my opinion and the 1929 looks like it provides pretty good clues of what is to come.

tuckb4 Updated 

Pushed back down to the lows...watching for a bounce

tuckb4

Forming the right shoulder...starting to accumulate puts here for a move back towards $140

tuckb4

Bought 200 July $36 calls today at the gap fill and strong horizontal and trend line support.

tuckb4

This looks exactly like the Gold top from 2011 to 2013