It's Time To Lock In

August started off with an absolute rip for the bulls with semiconductors up nearly eight percent, the Nasdaq composite and QQQ each up five percent, and the S&P 500 up three and a half percent, and in this video we walk through why it's time to lock in some of these gains as we sit decisively in a Bull Strong environment with the Nasdaq ten day moving average sloping up and price well above the SPX gamma flip line in positive gamma where dealers buy dips and sell rips suppressing volatility. We break down the William O'Neil follow through day framework with the Nasdaq getting its official follow through on day four which is exactly the day four through seven window you want to see, why the S&P 500 did not need one because it never went through a full ten percent correction, and how anyone who added exposure is now sitting on real gains that need protecting. We cover the two ways to lock in, taking partial or full profits versus updating stop losses, and the hybrid approach of both. We walk through the signal that flagged this locking in moment with back month versus front month volatility exceeding the one point two overbought level which historically flags consolidations, and how the very next day saw a small pullback before the market ripped back up into the month to date expected move. We cover how efficient the market has been with SPX trading inside its weekly expected move for two weeks in a row, this week did not even tag the week to date VWAP for a retest which is rare and shows how strong the move was, and how last week's VWAP becomes next week's key level. We break down next week's SPX expected move at seven sixty three lower and seven eighty three upper which is a further contraction from fourteen to ten dollars driven by the shift into positive gamma, Monday's daily implied move at seven sixty eight lower and seven seventy seven upper. We cover the individual trade book with AXTI as a top performer played on a power earnings gap pullback with stops moved up aggressively, ELF as a pattern based trade held through earnings after profits were taken, and Palantir entered on a narrow range consolidation using a leverage product with profits taken as it approaches the two hundred round number. We walk through the semiconductor consolidation setup with SNCI, Marvell, and the SOXX complex showing tight price action and drying volume after the twenty to thirty percent corrections, and why leaning into the AI trade lighting back up makes sense in Bull Strong until it stops working. We cover CoreWeave setting up tight after a move from twenty to forty with potential for a pop to fifty, Dell building a multi month base with a bullish outside day, Google pulling back after ripping from three ten to three eighty with an outside day marking a potential turning point, Amazon consolidating after earnings with volume drying up, NVIDIA running while others consolidate as a rotation candidate, Apple below flattening moving averages needing to prove itself, Microsoft ripping straight to five hundred without a consolidation entry, and Abbott Labs coiling in healthcare with a two and a half percent volume pop opening the door for a Thermo Fisher style continuation. We finish with signal charts getting frothy as XLY bullish percent RSI moves into overbought and BPNDX RSI approaches overbought after bouncing from thirty, the CPI report next week where oil up thirty percent on the month and copper at all time highs suggest inflation could tick up, the dollar breaking down hard on the yen intervention driving the negative correlation with the S&P 500, and the Saylor 2 Shift tool where the current sell signal would trigger officially if this week's low is broken next week.

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