Updating this again at the close with the current chart. just a
gorgeous example, the gap over the ATR indicator on Tuesday morning
was enough to get you long, i.e. breakaway gap. Then immediately
you place a stop at that low where the fast BPT MA went red to
green.
Then you simply move the stops up to each higher low. Now you
have 4 of them with the new one at 87.4 on SSO. On SPY would be
254.8, on SPX Index would be 2540
I’m sure there’s an answer to this already so let me
apologize in advance, but have you shared a TradeStation workspace
for the trend-following stuff yet? If so, where can I get
that??
I'd say around 254. My Tradestation is currently locked up
- that 50 point move in the market caused it to freeze - too much
tick data coming at once, TS freezes. I'm sure it will
unfreeze once TS catches up.
but otherwise eyeballing the charts looks around 254 - 254.5
Not yet but was told application submitted via fast track (BARDA
exemption) . The FDA also announced a new ruling last week
allowing for certain testing to occur immediately.
$BPSPX - Chart Link that played out well,
last night I said you had the big trend short trade, and the two
whipsaw buy and sell signals and the next one would be decent, that
triggered basically on the open so that played. Nice that it
updates intra day vs after the close
You can see the times in the past when you had a trend move then
two back to backwhipsaws - highlighted those in yellow.
so whenever I get two whips in a row, then I knew to take the
next one
$SPX - Chart Link - showing this just in
case, this is a little b bounce, then c down to form higher low and
stay above the wedge then rally - see dotted lines
TVIX recalibrates every night - worthless on charts except
intraday for true readings and thus gaps are irrelevant. Please
read the TVIX prospectus to understand what it's
components.
$SPX - Chart Link- the 30 min the 'hope' for
the bulls is if we pullback more more intra day to 'hold' the
broken wedge trendline form a higher low then bounce off.
beautiful example of 15 min SSO using a trend type system
Posted by matt on 26th of Mar 2020 at 03:39 pm
Updating this again at the close with the current chart. just a gorgeous example, the gap over the ATR indicator on Tuesday morning was enough to get you long, i.e. breakaway gap. Then immediately you place a stop at that low where the fast BPT MA went red to green.
Then you simply move the stops up to each higher low. Now you have 4 of them with the new one at 87.4 on SSO. On SPY would be 254.8, on SPX Index would be 2540
Hey Matt— I’m sure there’s an
Posted by pep8261 on 27th of Mar 2020 at 10:35 am
Hey Matt—
I’m sure there’s an answer to this already so let me apologize in advance, but have you shared a TradeStation workspace for the trend-following stuff yet? If so, where can I get that??
What is the equivalent stop
Posted by tgo5043 on 26th of Mar 2020 at 03:45 pm
What is the equivalent stop on SPY Matt? Thanks!
I'd say around 254. My
Posted by matt on 26th of Mar 2020 at 03:57 pm
I'd say around 254. My Tradestation is currently locked up - that 50 point move in the market caused it to freeze - too much tick data coming at once, TS freezes. I'm sure it will unfreeze once TS catches up.
but otherwise eyeballing the charts looks around 254 - 254.5
Nice 50 points on ES
ES Resistance 2470-72
Posted by steve on 24th of Mar 2020 at 08:04 pm
Nice 50 points on ES off that resistance guys
Tuesday Newsletter
Posted by steve on 24th of Mar 2020 at 08:03 pm
Tuesday Newsletter
ES 35 points off resistance
ES Resistance 2470-72
Posted by steve on 24th of Mar 2020 at 07:24 pm
ES 35 points off resistance thus far
ES pulling back from resistance
ES Resistance 2470-72
Posted by steve on 24th of Mar 2020 at 07:06 pm
ES pulling back from resistance below
Not yet but was told
PRED - Covid19 Test
Posted by steve on 24th of Mar 2020 at 07:02 pm
Not yet but was told application submitted via fast track (BARDA exemption) . The FDA also announced a new ruling last week allowing for certain testing to occur immediately.
PRED - Covid19 Test
Posted by steve on 24th of Mar 2020 at 06:50 pm
https://predictivelabs.com/assurance-ab-covid19/
Noticed that this was posted on their new dedicated website.
ES Resistance 2470-72
Posted by steve on 24th of Mar 2020 at 06:36 pm
ES Resistance 2470-72
BPSPX follow up
Posted by matt on 24th of Mar 2020 at 05:09 pm
$BPSPX - Chart Link that played out well, last night I said you had the big trend short trade, and the two whipsaw buy and sell signals and the next one would be decent, that triggered basically on the open so that played. Nice that it updates intra day vs after the close
You can see the times in the past when you had a trend move then two back to backwhipsaws - highlighted those in yellow.
so whenever I get two whips in a row, then I knew to take the next one
CNBC discussing shortage on Tests
Was this one of those “rip your face off” bear ...
Posted by steve on 24th of Mar 2020 at 04:42 pm
CNBC discussing shortage on Tests currently
Stockcharts gerbils worn out from
9 EMA on daily is first target
Posted by steve on 24th of Mar 2020 at 04:34 pm
Stockcharts gerbils worn out from all the action
No too often you see
Was this one of those “rip your face off” bear ...
Posted by steve on 24th of Mar 2020 at 04:29 pm
No too often you see ES up 200+ in a day. The rubber band was stretched and relief rally commenced as some of the virus data provided hope
Cities (like NYC) and States etc are still coveting huge numbers of test kits
9 EMA on daily is first target
Posted by matt on 24th of Mar 2020 at 03:55 pm
$SPX - Chart Link - currently intra day charts are not working on Stockchats.com for me
Update: Index charts comments
Index charts comments
Posted by matt on 24th of Mar 2020 at 02:38 pm
$SPX - Chart Link - showing this just in case, this is a little b bounce, then c down to form higher low and stay above the wedge then rally - see dotted lines
$SPX - Chart Link - 30 min view
again the key is staying above wedge trendline
TVIX recalibrates every night -
TVIX - having trouble filling the gap - might leave ...
Posted by steve on 24th of Mar 2020 at 02:23 pm
TVIX recalibrates every night - worthless on charts except intraday for true readings and thus gaps are irrelevant. Please read the TVIX prospectus to understand what it's components.
SPX 5 Updated View
Posted by steve on 24th of Mar 2020 at 02:10 pm
$SPX - Chart Link
guys there were two QQQ
Index charts comments
Posted by matt on 24th of Mar 2020 at 01:58 pm
guys there were two QQQ charts I had to add the first 60 min so you might need to refresh to see that image. Otherwise you have the live URL's
Index charts comments
Posted by matt on 24th of Mar 2020 at 01:55 pm
$SPX - Chart Link- 60 min 245 points off the lows
QQQ - Chart Link- the QQQ's paused right at the downtrend line exactly did not break symmetry
$SPX - Chart Link- 60 min had a perfect hourly doji
$SPX - Chart Link- the 30 min the 'hope' for the bulls is if we pullback more more intra day to 'hold' the broken wedge trendline form a higher low then bounce off.
$SPX - Chart Link - yes3rdmilcharts
Posted by matt on 24th of Mar 2020 at 01:50 pm
$SPX - Chart Link - yes3rdmilcharts - had a perfect doji on the 60 min that triggered
Update: Update: SPX 5 min
SPX 5 min
Posted by matt on 24th of Mar 2020 at 01:44 pm
$SPX - Chart Link
SPX 3
Posted by steve on 24th of Mar 2020 at 01:38 pm
$SPX - Chart Link - pullback to vwap