Welcome back Reader!

​
How to Read Chart

Left Side - Similar Set TREND

Right Side - Similar Set TRADE

Pro Tip: If you need bigger charts use desktop instead of mobile.

New Similar Set Handbook

Confused about what's going on in the newsletter?

More questions?

Drop them on X: @Similar_set

Keith is out of the office this week. Can you follow the fractal math without him? To rely completely on someone else to make money never sat well with me, which is why I developed the Similar Set Signal. I now know exactly what I should be doing and WHEN I should be doing it with 100% clarity.

VIX

VIX is settling in the middle of the RANGE. It is not as good of an opportunity as the red arrow days (at or past the top end of the RANGE in a bearish TRADE/TREND), but it has just as much downside as upside, with the low end sitting under 15 and falling.

HYG

Right on cue, credit is bouncing squarely off the Similar Set TREND with a lot of room to the top.

QQQ

This has been a relentless market. There have not been many buying opportunities in QQQ, which is a good feeling when you are in the ticker and the Similar Set Signal gave you those buying days.

MAGS

If you have access to the full fractal math, you can see there were opportunities this morning in the market, with Mag7 being one of the biggest. The last time the market gave an opportunity like this was over a month ago (first green arrow).

​Thursday, April 30, 2026​

GOOGL

Another glaring buy was Google. It opened up 3% lower and well outside the low end of the RANGE. What were you doing on the open? Were you ready to buy the dip or were you trying to call a top? Follow the fractal math.

Macro Markets

Oil Futures

The signal is saying get short oil. It is in a bearish TRADE/TREND, and if you have been reading this newsletter you know that when these flip there can be quick and explosive price moves.

BTC

Bitcoin is a great example of that. It closed 4 straight days below TREND, then officially broke TREND yesterday. Today it is down 6% and close to 10% from the first bearish close.

But before that, the Similar Set Signal called the breakout on April 6th, the dip on April 29th, and the exit. Most people are getting their asses handed to them in crypto—first because that is all they are exposed to, and second because they do not have the fractal clarity of what to do.

Again, I have never seen this big of a disconnect between US Equity Beta and Bitcoin, but that does not mean the signal did not call it out and does not mean it cannot continue.

DXY

The Dollar is glued to TRADE and TREND. Nothing to do in FX right now, but depending on the direction it has big implications on the overall market, especially crypto.

EEM

Imagine trying to buy every dip in crypto and missing out on the US and Global equity bubble. Without the fractal math it is easy to do. Who models emerging markets? Most people need to “know” or study any asset to develop a thesis and then have conviction to put money into a ticker. Not me. The less I know the better, because the Similar Set Signal knows more than me and prints out the fractal instructions. I just follow those. My job is to make sure I am following them, equal weighting them, and diversifying them into different asset classes.

TLT

Be ready to exit TLT. It does not mean it will break bullish TREND, but now the RANGE is above TREND duration so the signal is weakening. With the fractal math I do not need to go find a reason why it is doing what it is doing. I just need to be ready to execute whatever the math tells me to do next. Right now it is nothing.

GLD

Gold has been in a bearish TREND for months, but when the signal says build a core position I will. First it needs to break bullish TRADE for the second time then break TREND.

Copper

Copper has been the metal to own and the Similar Set Signal made that abundantly clear. Time to sell some today if you have yet to do so. Follow the fractal math.

Ready to trade with 100% fractal clarity instead of guessing?

Subscribe to Similar Set Signal today and never rely on someone else to give you instructions. You now have the exact same indicator you see here. Click here to join now, risk-free.

90-DAY MONEY BACK GUARANTEE

3-month interest-free payment plan.

What are customers saying about the Similar Set Signal?

Your Signal is already paying off nicely

This is exactly what all Hedgeye subs are missing

What a game changer

Accelerated my understanding of the process like you can’t believe

This is the tool I needed!

For the first time since becoming a Hedgeye sub

My win percentage has gone roof"

If you have any questions, reply to this email and I'll get back to you!