Stunning foresight.  His crystal ball must be out for repairs.

Not much of a reaction

Posted by steve on 6th of Dec 2022 at 11:42 am

Not much of a reaction yet from demand zones - on ES 3955 is where last weeks rally began for perspective 

Lots of things lining up here, demand zone support, pivot point, other indicators. If scaling either way or both, certainly an area to consider objectively for being able to do so or plan otherwise. Great stuff on providing that early today, Steve! I appreciate you

Also thought Matt made a good call with taking some off yesterday as the market could have went either way. This kind of range with so many possibilities is the kind of market when I'm trading, I'll trade in pieces until a more clear risk/reward shot comes into view. As is often discussed here, don't have to be an all or nothing trader, etc. 

ES 2, 1 min

Posted by matt on 6th of Dec 2022 at 11:33 am

I got a couple nice long setups on the 2 min chart via the MACD KISS/Stoch OS after that divergence formed. pro tip: you get that setup after a positive divergence starts to form, that's when you want to start looking for your trigger

SPY/QQQ basing in their respective

QQQ Daily Demand Zone

Posted by steve on 6th of Dec 2022 at 11:31 am

SPY/QQQ basing in their respective demand zones 

Systems and stats

Posted by matt on 6th of Dec 2022 at 11:30 am

As I discussed the other day, I started adding the statistics to the systems to the Spreadsheet. I've now added all the stats for the ES short systems to the spreadsheet along with description, have a look when  you have time. 

I still have to add the ES longs, and SPY and ES shorts.  I was planning to have separate tabs for ES longs ES shorts, SPY Longs and SPY shorts, however that would be over 40 tabs, thus I may just add combine the SPY and ES stats for each sub system in each tab to cut the number down to about 20.

I wish you could make sub tabs in the spreadsheet - if you can and I'm missing this let me know how

https://docs.google.com/spreadsheets/d/1AqyA8soe-1icblBICYF3KVAbXzoZ6EYbiy_ec90i01Q/edit#gid=184749876  

MSOS -great opportunity to sell yesterday into that overheated spike - way extended short term

Short DOCU Updated View

Posted by steve on 6th of Dec 2022 at 11:11 am

DOCU - Chart Link - another short setup from Watchlist that was very kind to provide bounce 

Short ABNB Updated View

Posted by steve on 6th of Dec 2022 at 11:09 am

ABNB - Chart Link - always nice to get a bounce to short at better prices - trails stops after today's plunge 

VIX just tagged supply 

VIX 2 Hour Chart with Zones

Posted by steve on 6th of Dec 2022 at 10:44 am

VIX just tagged supply 

Totally agree.  The problem in Canada is there is no such thing as a long term mortgage, the longest you can lock a rate is 7 years but you start paying points above 5 after the lock it goes to full variable or lock in for 5 more years at much higher rate.  I would not be surprised if the government has to step in this time around and force the greedy banks to change the rules.  I'm shocked they have allowed banks to thieve like this for decades.

AMD follow up

Posted by matt on 6th of Dec 2022 at 10:43 am

series count

ES levels

Posted by law6 on 6th of Dec 2022 at 10:41 am

series count

JUST IN: JP MORGAN'S DIMON

Posted by steve on 6th of Dec 2022 at 10:40 am

JUST IN: JP MORGAN'S DIMON SAYS 'MILD TO HARD' RECESSION COULD HIT NEXT YEAR.

Do you have an MSOS

Posted by jonesy85 on 6th of Dec 2022 at 10:40 am

Do you have an MSOS or MJ kiss chart you could share?  thx

Very nice call on the

Posted by fredsaid on 6th of Dec 2022 at 10:39 am

Very nice call on the inflection point boys !

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