Title: Top Down Approach Discussion and how to View BPT - Click on Title

why would the VIX not

Posted by Walt on 5th of May 2022 at 04:02 pm

why would the VIX not have reached 38-39 on a day like this?

Probably because of what Steve

Posted by rfa300 on 5th of May 2022 at 04:06 pm

Probably because of what Steve posted earlier. See below

maybe meaning a lot of

Posted by kevindeng0727 on 5th of May 2022 at 04:03 pm

maybe meaning a lot of room for it to run higher?

Thanks, Matt -- appreciate it.

Posted by mstaples37 on 25th of Oct 2021 at 05:05 pm

Thanks, Matt -- appreciate it.  Looking forward to seeing those things you've been working on!

Steve,  how does one access

Posted by bharvey96 on 30th of Sep 2020 at 01:35 pm

Steve,  how does one access the "Ciovacco Historical Perspective Charts?"  I would imagine you need to be a client?

He puts out a weekly

Posted by steve on 30th of Sep 2020 at 01:41 pm

He puts out a weekly video via Twitter on Friday Night

Hi Matt/steve, is today highly

Posted by kevindeng0727 on 16th of Jun 2020 at 09:18 am

Hi Matt/steve, is today highly likely to be a trend day?

Meta Platforms price target lowered

Posted by steve on 24th of May 2022 at 08:45 am

Meta Platforms price target lowered to $310 from $330 at Jefferies Jefferies analyst Brent Thill lowered the firm's price target on Meta Platforms (FB) to $310 from $330 and keeps a Buy rating on the shares, arguing that Snap's (SNAP) pre-announcement that Q2 revenue growth will likely come in below its initial 20%-25% guidance is "indicative of a rapidly deteriorating macro environment that will likely impact the whole ad industry." He is lowering his FY22 and FY23 revenue estimates for a number of other digital advertising companies by an average of 3% and 6%

Happy Birthday Matt and a belated one to you Skyfish

ES futures

Posted by matt on 23rd of May 2022 at 11:12 pm

here's a link to the live view with my trendlines

https://www.tradingview.com/chart/eAeTd6zj/ 

Monday's Newsletter

Posted by matt on 23rd of May 2022 at 09:01 pm

I use both, and a

SPX 3 Today's action in a nutshell

Posted by matt on 23rd of May 2022 at 06:50 pm

I use both, and a 1 min as well

Snap 8-K Shows Co. Warns

Posted by steve on 23rd of May 2022 at 06:40 pm

Snap 8-K Shows Co. Warns 'macroeconomic environment has deteriorated further and faster than anticipated' Since Co. Issued Guidance At End Of Apr.

Those big green bars into the close have been seen several times just prior to a reversal the following day during this  entire selloff. So please keep an open mind and adjust if necessary.

ZM beat and trading higher

Posted by steve on 23rd of May 2022 at 04:18 pm

ZM beat and trading higher after hours 

yep - sell the morning

SPX 3 Today's action in a nutshell

Posted by matt on 23rd of May 2022 at 04:08 pm

yep - sell the morning rip - then hit a few golf balls, check in and buy back at the VWAP - hit some more golf balls, sell again,  check in last 20 min of the day, buy back at VWAP again

SPX 3 Today's action in a nutshell

Posted by steve on 23rd of May 2022 at 04:04 pm

$SPX - Chart Link - bounced off VWAP all day (mechanical action) 

WTI having first back to

Posted by steve on 23rd of May 2022 at 04:02 pm

WTI having first back to back days of less than a 3% intraday range since 1/31 and 2/1.

Market update

Posted by matt on 23rd of May 2022 at 04:01 pm

DSX - Chart Link- nice day for this long idea shipper

AAPL - Chart Link- nice day off that black candle doji from Friday - bullish morning star pattern

$SPX - Chart Link- nice day back to the 9 EMA following Friday's doji

XOP - Chart Link- nice day for energy names

SLB - Chart Link-

DBC - Chart Link- DBC remains in a tight coil

otherwise the market is holding

Watch Bitcoin

Posted by matt on 23rd of May 2022 at 03:58 pm

otherwise the market is holding up fine, that's just something to keep an eye on

Update: Watch Bitcoin

Watch Bitcoin

Posted by matt on 23rd of May 2022 at 03:18 pm

$BTCUSD - Chart Link- dump on Bitcoin - potential negative guys

Watch Bitcoin

Posted by matt on 23rd of May 2022 at 02:55 pm

$BTCUSD - Chart Link- 2hr view - going sideways, not participating today really. Should this start to accelerate down would be a problem.

here's a clean Trading View look - just keep open in a browser to glance at

The Dow was 8 weeks

Posted by matt on 23rd of May 2022 at 02:53 pm

The Dow was 8 weeks this time and the SPX and Nasdaq 7 weeks

AAPL follow up

Posted by matt on 23rd of May 2022 at 02:44 pm

AAPL - Chart Link again as I commented on the weekend you had a lot of these same setups off those black candle doji's, I could have put out 50 setups. That's why I said just pick a few names you know will move and go with them for a market bounce: ETF's like UPRO, TQQQ, AAPL, others

DSX nice move!

Posted by matt on 23rd of May 2022 at 02:30 pm

DSX - Chart Link- been on the watchlist for a while

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