Meta was mentioned as one of the names tied to the XLK that was flushed on the downside, creating potential for a counter-auction.
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US Stock Market S&P 500 SPX Weekly & Daily Cycle & Chart Analysis
Steve MillerApr 15, 2026
The creator discusses the S&P 500's weekly and daily cycles, emphasizing the importance of reassessing market odds with new data. He highlights a short trading opportunity in NVDA that turned into a short squeeze, stressing the need for asymmetric sizing based on opportunity strength and conviction.
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Microsoft was mentioned as one of the names tied to the XLK that was flushed on the downside, creating potential for a counter-auction.
An initial short idea in NVDA turned into a short squeeze opportunity, highlighting the importance of recognizing shifts and potential for counter-trend moves.
The S&P 500 is analyzed for its weekly and daily cycle timing, with a focus on understanding current position and potential for upside or downside continuation.
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