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yep and thanks for posting

SPY and ES mean reversion systems

Posted by matt on 14th of May 2024 at 06:45 pm

yep and thanks for posting that! I receive emails now and then from folks saying: how can I trade the ES systems signals, I don't trade trade futures. I always tell them, you don't have to, just substitute ETF's in place 

on the open MES breakout

SPY and ES mean reversion systems

Posted by matt on 14th of May 2024 at 04:07 pm

on the open MES breakout system trade, the stop currently is 5180

AVGO follow up

Posted by matt on 14th of May 2024 at 03:57 pm

VIX comments

Posted by matt on 14th of May 2024 at 09:39 am

$VIX - Chart Link- 60 min, as you know nice rally yesterday off that support and MACD divergence. Note: there's an open gap above that is likely a target, those gaps are generally filled on the VIX

$VIX - Chart Link- daily, I called this last year, I said watch for a bounce in the VIX given how strongly the down slope of the lower BB's was, was unsustainable

XOM ex dividend today

Posted by matt on 14th of May 2024 at 09:37 am

JETS following through

Posted by matt on 14th of May 2024 at 09:31 am

Monday May 13th Newsletter and Video

Posted by matt on 13th of May 2024 at 09:40 pm

Youtube Video Monday May 13th, 2024   - watch in full 1080 resolution on tablet or desktop NOT your phone

PLEASE leave a like and comment, helps the Youtube Algorithm to get out stuff more visible - I appreciate the support!

Newsletter Monday May 13th  standard Webpage Format  - contains all the dynamic chart links

LU coiling

Posted by matt on 13th of May 2024 at 07:58 pm

HYG vs SPX 60 min

Posted by matt on 13th of May 2024 at 07:58 pm

$SPX - Chart Link- at the lows there was a divergence with the HYG having a higher low that marked the low. Now you have the reverse where HYG is lagging relative to SPX

SPY and ES mean reversion systems

Posted by matt on 13th of May 2024 at 03:15 pm

So I guess on Friday the ES breakout system went long - the problem with TS being a Friday it didn't show up until I rebooted on weekend

Currently price is basically at the same price it went long

I'm not super in love with it here, if a deeper 4th wave pullback occurs it may take some heat or get stopped out (remember the breakout uses Stops. But is what it is and that's the thing about systems, you can second guess every trade, so I'll go ahead and issue it 

The breakout can have a maximum only of 2 entries before it stops out

god taking candle from a

GME +8 

Posted by matt on 13th of May 2024 at 02:59 pm

god taking candle from a baby all day long with AMC

XLI logical pullback from that double top area

Posted by matt on 13th of May 2024 at 02:43 pm

GME +8 

Posted by matt on 13th of May 2024 at 02:39 pm

geez this stupid AMD, I've

GME +8 

Posted by matt on 13th of May 2024 at 02:36 pm

geez this stupid AMD, I've traded it all day long, just buying every little abc pullback, nutty

even on that 2 min Heiken Ashi  chart you could have just bought every time the heiken ashi bar turned green

DBA bear flag playing out

Posted by matt on 13th of May 2024 at 11:20 am

DBA - Chart Link- mentioned last week that bounce would likely fail and had a bear flag look

XOM - ex dividend is tomorrow

Posted by matt on 13th of May 2024 at 11:12 am

XOM - Chart Link- ex dividend is tomorrow so holders on record for tomorrow receive the dividend

technically price logically stalled around that trendline

been playing AMC all morning

GME +8 

Posted by matt on 13th of May 2024 at 11:07 am

been playing AMC all morning with 'Kitty' LOL

bringing out Mortimer for SBUX

again doesn't mean you have to sell it all if you think you have a good bottom in place, but good idea to tight stops up or lock in some gains

SBUX tagged 9 EMA take some damn profits

Posted by matt on 13th of May 2024 at 10:42 am

SBUX - Chart Link- on these CCI bungie setups, the 9 EMA is your main target so take some profits there.

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