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I'll PM you Matt.
I appreciate these SPX charts. Would it be possible to
make them ‘live charts’?
Steve, Tonight's newsletter - Around the 10 min mark you discuss
reasons why you are intermediate term bearish (I believe).
Can you provide more detail on the intermediate/long term
divergences you are seeing (other than Elliott completions)?
This might be more appropriate for a weekend news letter.
Forgive me you have already covered this in past
I'm not sure what 'extensions in valuation 3 or 4 years past
previous levels' means- can you explain?
I understand the rest of your points.
Triangle was broken to the long side. Is this a logical
place for a long entry?
The spike is equal to the Jan 2018 lows...
I bought SSO at the trend line today with a tight stop at the
trend line for tomorrow. Traders reactions to Fed days
or more often wrong than right.
Any idea why the name change?
It looks like the Fed is done with QT for this month.
Steve, can you explain why you see big support at 2809
I found it really odd you haven’t been showing this
channel chart since your weekend news letter. I keep
wondering if there is a reason way it wasn’t shown.
This is the primary chart I’ve been trading SPX against
If I am reading table 5 correctly it looks like they pulled out
10 billion since last wed.
Is there any way to tell how more QT the fed will be doing
That would be a great idea (many of us have day time jobs) to
put a table like this at the bottom of the news letter with entry
points for new ideas like KEY and RF
I’m no expert but I don’t believe that formation
meets the increased volume requirement of an island reversal.
Your chart does make me wonder if The SPY daily trading range
will resolve in an island bottom. However, Since the
current daily island has formed over the last 11
trading sessions rather than a couple of trading session it may
also be invalid or it could be marking an intermediate trend
reversal rather than a short term trend reversal. Just
throwing a thought out there. I appreciate your chat.
Spy attempting to take back half of yesterday’s candle.
Great video Matt. For us that don’t always have time
to watch the whole news letter could just the spreadsheet get
posted for new trade ideas - using the $500 risk example. I
don’t want to put you out if it is a hassle. Just a
suggestion if you think your membership would get value out of
Very interesting article. Thanks Matt! How much
does the fed plan to unwind - $4.18T? Is it typical for the
Fed to have over $4T in treasuries and mortgage backed securities.
Did the fed 'print' money to buy these securities which seems
to me would be an inflationary move? If the Fed sells
$4T in these instruments, does that mean the national debt is
reduced by $4T? Do we have an economist here
that can explain what we should expect as selling these instruments
pulls liquidity out of the (stock?) market?
I believe Your cash payment will be the underlying value of the
options that make up XIV rather than the price of XIV. Svxy
was up a similar amount today
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