After grinding through charts into the early hours, I had to fire off an update. The froth is palpable. We’re not just seeing one blow-off top — we’re watching two FAANG giants, Apple $AAPL and Amazon $AMZN, spike into euphoric exhaustion on the same morning.
And the headlines? Laughable. Bloomberg at 3:00 AM:
→ “Amazon, Apple Lift Mood”
Really? Even the financial media is trying to tamp down the over-exuberance — and failing spectacularly.
🔥 $AAPL – The Apple Chart Is a Hot Mess
Breakout on “good earnings” and iPhone hype?
Wrong. This is a classic bear trap — volume drying, RSI rolling over, and a failed breakout above $270.
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| Apple breaks out on good earnings and iPhone sales predictions – 10/31/25 |
📉 $AMZN – 60-Min Chart: Bear Trap in a Bullish Wedge
Doesn’t look any better than Apple. Bears thought it was a H&S — got squeezed.
This is bullish consolidation in a down-turned wedge. Incomplete? Yes.
Their MO: Trap bears, then run.
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| Amazon $AMZN 60-min chart – 10/31/25 |
🌏 Japan Re-Tests All-Time Highs… But Look Closer
Japanese Nikkei $NIKK trades into a topping pattern - 🚀🚀🚀' pic.twitter.com/mwGz5vfSFy
— Veteran Market Timer (@3Xtraders) October 31, 2025
This is not strength. This is distribution.
- RSI > 75
- Volume fading on the push
- $YEN at 152 (BoJ asleep)
- One policy whisper = 5%+ rug pull
Global warning shot. When Japan rolls, August 2024 will look like a whimper.
💀 $FI – The 3-Year Headfake Unravels in Primary Wave C
Fiserv ($FI) just triggered a powerful bearish Wave C, unwinding a 3-year "rally to nowhere."
The entire move from 2022–2025? A giant headfake.
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| Fiserv $FI chart – Halloween Bloodbath 2025 |
Tip of the iceberg. More mid-tier financials, payment processors, and "stable growth" names will crack.
🗑️ Speaking of Broken Financials…
Small-caps were dumped like trash to pump financials and megacaps.
- $IWM flat YTD
- $XLF +28%
That’s not rotation — that’s whack-a-mole desperation.
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| Russell Futures – 10/31/2025 @3Xtraders |
🎯 $SPX Futures continue to churn around 6900 – The Psychological Trap
Why it matters:
- Final barrier before 7000
- Window-dressing season
- Institutions must chase
But there’s time for a quick unwind — and they’d love to trap more bears ahead of holiday short-covering.
🛡️ The Plan: Rolling Puts, Doubling Down, Staying Early
If this stretches into EOY window dressing — like all of 2024 and the Biden era — I’m not fighting it.
Rolling puts. Doubling down. Extending into 2026.
I may be early…
But I’m seldom wrong.
⚠️ Final Warning: The Mania Will Continue — Until It Doesn’t
This AI-everything, rate-cut-hope, election-optimism, capex-bubble party will rage.
Even after the clinician unwind, expect FOMO rallies to shake out retail bears who’ve never seen a real bear market — not 10%, but the kind I warned about yesterday.
Mutual funds need benchmarks. Bonuses are on the line.
When the music stops?
Everything crashes as one.
- Gold
- Energy
- AI
- Tech
- Small-caps
- Financials
No sector left behind.
Protect yourself now.
I’m in the doctor’s office at 9:00 AM — missing the open.
Not worried about a reversal.
I’m worried about the trap being set.
Stay sharp. Stay early. Stay bearish.
— 3Xtraders
Friday, October 31, 2025 – 7:24 AM CT
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