Hot CPI triggered a broad selloff, higher VIX, and more two-way trading, with the next macro test set for PPI tomorrow. The core trading frame is to short weakness and flip when trend confirms: Bitcoin is mapped to 82,833, 77k, and a 50-week line near 76k; AVGO, SOFI, NKE, WMT, NFLX, MU, XRP, ORCL, and Iron are all treated as technical trades around specific support, resistance, and reversal levels. AVGO is the cleanest long idea in the notes, while MU, ORCL, and Iron are framed as names to wait on until reversal or reclaimed levels; XRP is a tactical buy only for believers, not a long-term hold. The last segments stay bearish on ORCL and cautious on Iron, with both needing confirmation before any size.
Hot CPI drove Wall Street red across the board, VIX volatility produced big stock swings, and PPI is the next macro data point tomorrow.
A live session opened with “No losers, only winners today,” produced three winning trades, then stopped out some positions as volatility made overtrading dangerous.
BTC short from 87,000 was based on a top test and expected pivot low; 82,833 is the flip-bullish level, with 77k and the 50-week moving average near 76k the downside map.
If BTC cannot reclaim 82,833 and closes with consecutive daily candles below it, the notes call for a retest of 77,780; the earlier short was taken around 86,000 with a minimum target of 75k.
BTC is framed by death cross / golden cross logic: without a golden cross, the “winter” is not over; after it, the notes expect sideways trading around 75,000 for up to 3 months before a possible run to 90 and then a larger pullback into the 68k area.
NKE is being treated as a squeeze off a prior “perfect buy spot” at 32, with shorts forced to cover into a weak tape; if NKE opens next week above 35, the target is 37–38.
WMT was called a run to 115 from Monday’s setup, with 115.80 cited after the move and a “checkmate” pattern defined as a big drop, consolidation, then clearing the top candle.
AVGO is the “blood in the street” buy today; Josh says it can reach 520 unless the market rolls over and the AI bubble pops, which is not his base case.
AVGO’s weekly RSI 40 is presented as the key buy zone: past hits allegedly led to moves from 43 to 50, from 40 to 87, and in 2025 from 135 to 408; another pullback reportedly produced a 289 to 493 move in 2 months.
AVGO’s current buy zone is the 340s, with support touches cited on 3 Sept, 16 Sept, 1 Oct, and again now; Josh says he has about $12,000 in AVGO leaps and may add more tomorrow morning.
SOFI is being reframed as a $16 stock in the same way $6 was the old range; the notes say buying under 16 and especially near 14 can lead to a move back to 35–45, though another segment says breakout may not come until late 2027.
NFLX is favored with 2,000 shares bought around a $69.05 average; 70.50 is the line to hold this week, 73.30 is the first target if it closes above that, and a stronger tape shifts the exit target to 76.85.
NFLX risk is tight: a drop under 75 breaks structural support, and the stated stop is just under 69.00 at 68.90, which would leave about 130k tied up for 2 weeks with no gain.
MU is the king-of-AI rival to NVDA in this framing, but the tape is described as a falling knife: weekly support is 902, the 100 EMA is at 912, and a loss of 902 opens 800 and then 700, with 739 from July flagged as a possible double-bottom area.
XRP is treated as a trade, not a hold: weekly RSI is said to be oversold, the current buy level is around 1.29, the worst case is 1.50–1.00 chop, and the upside target is 2.82 from a descending-wedge breakout.
ORCL has a bearish head-and-shoulders risk and an evening star that would point to 122 first and then possibly 105 if confirmed, but the notes keep 100 as the main psychological buy zone and say to nibble only beneath 122.
Iron is sitting just under 30.40 after slipping below its weekly 100 SMA near 31; reclaiming 31 could set up a play, but losing it points to 24 and then 19, the 200-week moving average.