Stock Market Crash Analysis: Broken Charts & The SpaceX Catalyst

Tim Knight spent the night painting charts of every major index. The NASDAQ composite, the NDX, the Dow, the S&P 100, and the S&P 500. Every single one of them shows the same thing: a broken uptrend and a clean reversal top with yesterday's high perfectly tagging the underbelly of overhead supply resistance. The most alarming stat: if the NASDAQ just retraces to where it was in March, that is roughly one third of its entire value gone. The Dow was at a lifetime high just four trading days ago. Now it is below its uptrend. Gold is breaking down toward Tim's target of $4,000 despite wars and inflation. And tomorrow SpaceX IPO could be the catalyst that decides whether any of this reverses or accelerates. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 Last day without SPCX: tomorrow is SpaceX IPO 1:00 NASDAQ composite: broken uptrend and topping pattern 2:00 NDX: one third of value at risk if it retraces to March 3:00 Dow 30: lifetime high four days ago, now below uptrend 4:30 S&P 100: yesterday's high tags overhead supply perfectly 5:15 S&P 500: rounded top breakdown and key level to watch 5:45 Gold XAU: right triangle top, target $4,000 6:30 Palladium: Tim's preferred metal right now #TimKnight #MarketTop #TechnicalAnalysis #SpaceXIPO #tastylive #NASDAQ #SP500 #GoldPrice tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.