T3 Live on $SPY (Nov 3, 2026)

So look at the chart of the spies. What's going to happen here? you know, we had 74960, went up to the highs, retested it, gave a little bit of a bounce off that low on um, you know, on Friday.

And then yesterday, what happened? A red dog reversal sell. I don't know how many times I've told you, get above and stay above. You could be in it. Get above and fail. Fail to stay above.

Get short or get out. And [snorts] yesterday we sold all afternoon. So now what? Spies are down 79 cents.

And um I don't know if it's going to be able to break the 750 prior to the election results. We can't control that. You can control how much risk you have on. You can control, you know, what you're doing actively.

Then obviously long term's different. So for now, we're at 75128. This is uh 750. This is 75036. This is 749. If this were to break, there's not a lot of not a lot going on here until the 200 day. So, just be careful, my doggies.

And the spies are 4% off the high. So many people like red dog when are you putting the blood in the street account to work. It's still not put it to work. The blood in the street only goes to work when we're five, six, 7% off highs.

That's the tier one. And then only four, five% uh lower thereafter, which who knows, you know, here it went put to work twice, you know. Then if you look back um you know here it went to work three different times and it was awesome.

But for now you know the spies are not in blood in the street. There's stocks that are blood in the street. There's names that have been you know obliterated but guess what they're all below the 821 day but the spies are not blood in the street.

You know blood in the street would probably be even the 200 day is not really blood in the street. It's just you know a correction move but that's probably where I would put it to work.