SPXU - Chart Link- here's the SPXU chart to go
along with that SPX 60 min. Maybe a hedge with a very tight stop if
you are holding tons of longs you don't wish to exit right now
$SPX - Chart Link- I know maybe not a popular
thing to consider, but we do have some pretty good MACD divergence
on the MACD via the 60 min chart, and a possible wave V. That wave
v could be wave V of 3 but you would expect a wave 4 pullback once
this wave 3 is completed. Now whether this plays out now or we push
further to test the March highs first and then pullback is not
certain but I at least need to point out this divergence and wave V
and to monitor price action
here's the SPX chart with the past NYSI TICK spike levels -
price cleared a bunch of recent levels yesterday
the next BIG leve is at 5251, notice the bold tick magenta
dotted line, the reason that line is thicker than the white ones is
because the TICK spiked over 1500 on that day back in March, so
it's a big level - which is basically back to the March
highs
but, there is NOTHING until that level, big air pocket so to
speak
weekly KISS charts in tables, hell of gains on some of those
like NVDA, META , AVGO which never exited, but when some of those
went long we didn't have the KISS systems tablweees live,
NVDA weekly went long on 10/22/22, so it's been holding for 1.5
years, META and AVGO went long last spring while the systems were
live
Biggest miss on record and
Michigan Consumer Sentiment For May 67.4 Vs 76.0 Est.; 77.2 ...
Posted by steve on 10th of May 2024 at 10:39 am
Biggest miss on record and market reacted
SBUX
Posted by matt on 10th of May 2024 at 10:36 am
SBUX - Chart Link- major target is that 9 EMA on this CCI bungie bounce setup
been a nice trade!
IAG Updated View
Posted by steve on 10th of May 2024 at 10:36 am
IAG - Chart Link - lock down gains
You can see that others faded earlier
USD and 10 Year Yield
Posted by steve on 10th of May 2024 at 10:27 am
USD and 10 Year Yield ramp
Update: SPX 60 min
SPX 60 min
Posted by matt on 10th of May 2024 at 10:15 am
SPXU - Chart Link- here's the SPXU chart to go along with that SPX 60 min. Maybe a hedge with a very tight stop if you are holding tons of longs you don't wish to exit right now
AVGO Broadcom one to monitor
Posted by matt on 10th of May 2024 at 10:11 am
AVGO - Chart Link- had a big run from those Oct lows, and part of the AI stuff, semiconductor.
anyway it's been consolidating for a while in this pattern, one to keep an eye on
Michigan Consumer Sentiment For May
Posted by steve on 10th of May 2024 at 10:11 am
Michigan Consumer Sentiment For May 67.4 Vs 76.0 Est.; 77.2 Prior
SPX 60 min
Posted by matt on 10th of May 2024 at 10:05 am
$SPX - Chart Link- I know maybe not a popular thing to consider, but we do have some pretty good MACD divergence on the MACD via the 60 min chart, and a possible wave V. That wave v could be wave V of 3 but you would expect a wave 4 pullback once this wave 3 is completed. Now whether this plays out now or we push further to test the March highs first and then pullback is not certain but I at least need to point out this divergence and wave V and to monitor price action
BLFS Updated View
Posted by steve on 10th of May 2024 at 10:02 am
BLFS - Chart Link - put on watchlist last night as potential long (discussed)
NYSI TICK - next big spike is 5251
Posted by matt on 10th of May 2024 at 09:51 am
here's the SPX chart with the past NYSI TICK spike levels - price cleared a bunch of recent levels yesterday
the next BIG leve is at 5251, notice the bold tick magenta dotted line, the reason that line is thicker than the white ones is because the TICK spiked over 1500 on that day back in March, so it's a big level - which is basically back to the March highs
but, there is NOTHING until that level, big air pocket so to speak
STNG nice follow through on this trade idea
Posted by matt on 10th of May 2024 at 09:44 am
STNG - Chart Link-
YINN China 3X, NICE follow through!
Posted by matt on 10th of May 2024 at 09:41 am
YINN - Chart Link-
DSL monthly dividend play
Posted by matt on 10th of May 2024 at 09:40 am
DSL - Chart Link pays about a 10.5% monthly dividend, ex dividend is May 15th
chart wise has a clean overhead resistance
here's an article on it
https://www.forbes.com/sites/brettowens/2024/05/09/this-105-monthly-dividend-payer-was-dirt-cheap-last-week/?sh=2faa22703aeb
Raise stops on TSM here
Posted by steve on 10th of May 2024 at 09:25 am
Raise stops on TSM here
NQ moved into target range
Posted by steve on 10th of May 2024 at 08:16 am
NQ moved into target range overnight...lock down gains here and trail stops (big level)
Raise stops on GDX, SILJ,
Posted by steve on 10th of May 2024 at 08:14 am
Raise stops on GDX, SILJ, NEM (all miners)
Thursday Newsletter
Posted by steve on 9th of May 2024 at 08:03 pm
Thursday Newsletter
I like that coil
PLG weekly - low priced name that correlates to platinum ...
Posted by matt on 9th of May 2024 at 05:45 pm
I like that coil
weekly KISS charts in tables,
Weekly KISS nice rebound off those ATR's
Posted by matt on 9th of May 2024 at 04:32 pm
weekly KISS charts in tables, hell of gains on some of those like NVDA, META , AVGO which never exited, but when some of those went long we didn't have the KISS systems tablweees live, NVDA weekly went long on 10/22/22, so it's been holding for 1.5 years, META and AVGO went long last spring while the systems were live
https://breakpointtrades.com/sts_weekly/?search=BPT_basket
Weekly KISS nice rebound off those ATR's
Posted by matt on 9th of May 2024 at 04:28 pm
the weekly KISS indexes of course stayed put, price rebounded off those ATR's just above the STS stops