Update: SPX 5 min

SPX 5 min

Posted by matt on 22nd of Jan 2020 at 10:23 am

$SPX - Chart Link - bull flag played out from my last post

SPX 5 min

Posted by matt on 22nd of Jan 2020 at 10:12 am

$SPX - Chart Link - as I said below price got way too extended on the 5 min time frame this morning, now as pulled back, could it flag here?

ES 60 min futures

Posted by matt on 22nd of Jan 2020 at 09:50 am

here's a couple 60 min charts of ES futures. Short term on a 5 min market got extended and pulling back off the highs. However the 60 min has a potential bull flag, would measure roughly 20 points or so.  Also the chart on the left has the cycle indicator, since price broke over that cycle it is now support. Also notice the BPT MA Delxue it's red, so once that turns green that's a higher low stop. again very short term on a 5 min price got extended

Update: UGAZ follow up

UGAZ follow up

Posted by matt on 22nd of Jan 2020 at 09:38 am

$NATGAS - Chart Link - following up again on Natural gas, remember the 2016 lows is around 1.60.  

UGAZ follow up

Posted by matt on 22nd of Jan 2020 at 09:37 am

UGAZ - Chart Link - 60 min view, speaking of dojis as triggers from my JO reply below, you had a nice doji on the 60 min time frame yesterday as a trigger. Remember look at those intra day time frames

UGAZ - Chart Link - Steve showed a 15 min chart last night

UGAZ - Chart Link - daily has a doji potential for today

no those doji triggers are

No Trigger on JO

Posted by matt on 22nd of Jan 2020 at 09:31 am

no those doji triggers are good for 1 days, the next candle basically, had to trigger on Tuesday's candle.  So what could happen is another doji forms and that be used a trigger on the daily or price get over that downtrend line via the 60 min, and the 200 MA is no so close probably acting like a magnet

ES futures up 15

Posted by matt on 21st of Jan 2020 at 11:17 pm

I did a couple trades on ES, going to bed

yes using these indicators are a privilege of BPT members, I would not place them on a public forum for anyone to use. It's not to much to ask that someone has to be a BPT member in order to use them

nice  chart!

SILJ  hourly

Posted by matt on 21st of Jan 2020 at 10:24 pm

nice  chart!

yes there is, I sent you a pm. however obviously one must have a Tradestation account for. If folks do not have one they should ask me for my contact there and sign up that way vs opening a new account from TS on their own.

otherwise honestly what we need to look at doing is get some of our indicators on their subscription platform, would make it much easier and automated to update codes, vs having to manually email it.  Also folks much be paying subscribers and for personal use only, non professional

SPX and VIX correlation

Posted by matt on 21st of Jan 2020 at 06:53 pm

Compare VIX vs SPX vs correlation - Chart Link 

notice the dip in the correlation, if that dips and becomes much less correlated to the SPX, can sometimes precede a pullback 

you know what's ironic when my wife was in China in Nov/Dec she was in that City where the Virus started or ground zero.  I joked with here that she was the carrier who bought it back.  Anyway crazy had she been there longer she could have been quaranteened not allowed to leave

Update: SPX 5 min

SPX 5 min

Posted by matt on 21st of Jan 2020 at 01:16 pm

$SPX - Chart Link - quick drop there from that resistance trendline, some news acting as catalyst

SPX 5 min

Posted by matt on 21st of Jan 2020 at 01:02 pm

$SPX - Chart Link - clearly the market really cares about the impeachment hearings....mla127 sarcasm.....

looks set up to bust out again this afternoon

below I said be on the look out for a lower high on PALL, here's a 5 min, when I posted that it was around 225, fell to 221,

BYND educational

Posted by matt on 21st of Jan 2020 at 11:38 am

BYND - Chart Link - BYND honestly one could have jumped back on this in the morning as it was tightly coiled on a 60 min and broke that coil on the open. I didn't do it was I was focused on other things however it was an objective setup and wish I had looked at it. I'm posting this for educational purposes 

BYND - Chart Link - daily chart of course

well earnings are out of the way on AA anyway, they are always one of the first to report earnings during earnings season

most of big names report late next week  AMZN 30th, GOOG Feb 3rd, AMD 29th, MSFT 29th,  TSLA 29th, FB 29th

LOL well my 60 min ES system actually caught a nice long last night. seems like that's the only time to catch big market dips these days LOL

Otherwise man I'm just playing our stock setups and day trading ES futures from my charts, just going with the flow

you should be sitting pretty though as I thought you went long futures last night since you always buy dips now since the market will never fall?

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