Yep!  trigger would be 1 penny over doji high with stop just below doji low

GDX Doji confirmed !!

yes I discussed the coil option last night, there's many options

corrective patterns can take many forms

I've been liking this one, again none of these auto ones are ever gonna be as good as Steve and I drawing them in manually or you but this one's been pretty good, it also has a volume component it uses, the name is on the chart, you can see how we rebounded off that demand zone earlier, called supply and demand visible range LugAlgo

otherwise heading to hospital to pick up wife, she had a colonoscopy

JPOW speaking tomorrow 1:15 EST

Makes sense we would close right in the middle of the MA's and the daily range. Uncertainty in the economy, indecision in the market. 

QQQ coiled between 5 day MA under and 20 day MA above - how this resolves 

I was hoping dollar strength will take GLD down today but there was zero correlation

$USD - Chart Link- daily

$USD - Chart Link- weekly

$USD - Chart Link- monthly

I'm certainly not privvy to such details as there are many competing algos but if you see a consistent pattern - don't hesitate to trade that pattern 

Educational Question... trying to understand algo/systematic/risk etc strategies. There seems to be a :05 :15 :20 :35 :50 sell program that goes off like clockwork all day. We sell hard for a few minutes....breathe....sell hard...etc with TICKs going -1000 or worse everytime. Is this my imagination or is that how those algos work? TY

Those are levels coming into today's session - the reclaim on 5439 sent ES up to 5485 where it stalled and then pulled back into the support zones and bounced and remained range bound for hours.  Traders tend to focus early and then step away during lunch and then return post lunch (just a general guide).   The last 30/60 minutes tends to be heavily influenced by 0DTE players and thus some avoid late day shenanigan's 

The Zweig Breadth Thrust is a technical indicator used in stock market analysis to measure market momentum. Developed by Martin Zweig, it calculates the ratio of advancing stocks to the total number of advancing and declining stocks on an exchange, such as the NYSE, and applies a 10-day moving average to this ratio.

A key signal occurs when the indicator moves from below 40% (indicating an oversold market) to above 61.5% within a 10-day period. This rare event is often seen as the start of a new bull market. Historically, it has been associated with significant market gains following its occurrence.

obviously in chop mode here but you have an upside for /ES of 5439 then 5469 with a downside of 5457-5445 so they are overlapping which happens every once in a while from what I've noticed - perhaps that is screaming CHOP stay away ?

I second that .... and  i`m listening ....

Please simplify for dummies :-)

Can you rephrase that question as I'm not sure what you're asking - price is simply range bound of late 

Steve: Thoughts on these areas where we are in overlapping upside and downside zones?

$NYA - Chart Link

It's day 3. The ZBT rule is that it has to rise from below 0.4 to above 0.615 in 10 days. On April 9 it rose above 0.4 but fell below 0.4 on April 10, so the count starts again from the April 10 low.

SPX 15m