Youtube video finally uploaded - apparently Youtube had an outage, tons of people were complaining about their videos taking forever to upload

Youtube Video Wednesday May 8th, 2024  - watch in full 1080 resolution on tablet or desktop NOT your phone

PLEASE leave a like and comment, helps the Youtube Algorithm to get out stuff more visible - I appreciate the support!

Newsletter Wednesday May 8th  standard Webpage Format  - contains all the dynamic chart links

$BPGDM - Chart Link - I haven't posted this in a while, is on a sell finally from yesterday

SBUX - Chart Link one of you guys  pointed out the CCI bungie setup yesterday, triggered today

SBUX - Chart Link

SBUX - Chart Link monthly longer term looks like crap

not surprised, that ARM chart looked vulnerable in the first place, 3 wave bounce, MA bearish squeeze etc

I went ahead and updated the data here since this chart was from March. 

Now we are 547 days inverted, which is more than all others except for the late 1920's

of course it's different this time and doesn't matter right? yeah LOL

$VIX - Chart Link- shows the gap fill, MACD divergence is building now

$VIX - Chart Link- daily - notice the lower Bolilnger Bands and the slope, that makes it impossible for the VIX to close back below the lower BB's without first a bounce in the VIX that causes the lower BB's slope to turn back up 

that's awesome, thx, I bookmarked it

STNG - Chart Link- nice pop

BLFS - Chart Link- and his short worked out too

SLQT - Chart Link- I completely missed that SLQT, hope some others caught it at least

FE - Chart Link-

CEG - Chart Link-

NVT - Chart Link-

$BTCUSD - Chart Link- price keeps riding that broken downtrend line

XLU - Chart Link-

As far as the past TICK spikes, there isn't one overhead until 5206, from April 11th when TICK  last spiked above 1000

here use this news site forexfactory - basically has all news timelines

https://www.forexfactory.com/ 

MSFT - Chart Link- stalled at 61.8% Fib the other day

META - Chart Link- could be a lower risk short soon nearing those resistance trendlines and 20/50 MA's overhead

yep UGLY on SHOP, price filled that small open gap from Nov, but there's another one from early Nov down at 48.9

What SBUX is a perfect CCI bungie setup, I'm at the gym otherwise I'd post a chart

Yes I noticed that as well

yep I like it when it blows through the cycles - indicating a trending move wave 3 of some sort. I also like when I see price start to ping pong perfectly between the cycles, i'll buy the support cycles and sell near the resistance cycles - like anything it's not perfect no indicator is, but it's pretty good

no real point, it's gonna be virtually the same thing

on TS SPX only goes back to 1961 so I just the Dow, again it's all going to move together basically with very slight differences on entries and exits. One can simply use the Dow version as a proxy for the SPX

if you look how much data is there on that spreadsheet, that's hours and hours of tedious work getting that data, something I don't see worth spending the time on doing

wow I can't believe that thing is back  to 120, jeez