It's not in the charts. I'm going live Monday at 2PM ET. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
While most traders are staring at the same indicators getting the same results — I'm looking somewhere else entirely.
There's a hidden signal that appears beneath price movement before major moves unfold. Something that doesn't show up in any standard indicator. I call it a Block. And right now I've been using the Block Hunter console to track exactly where the pressure is building in this market, where the cracks are forming, and which high-short-interest names could still squeeze to the upside despite the carnage.
This matters more right now than it has in a long time.
Institutions just placed 54,000 put contracts on SPY in two trades. Gold dropped nearly 5% in a single session. PPI printed its hottest number since September 2023. Powell signaled rates aren't coming down anytime soon.
I've been watching markets long enough to recognize when the character changes. This is 2022. And the traders who come out the other side are going to be the ones who understand what's happening beneath the surface.
Monday at 2PM ET I'm going live to show you exactly what I'm seeing.
Reserve your spot for Monday's live session right here.
Brandon Chapman, CMT TheoTRADE
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