I'm basically ready to record but these commodities like Crude Oil, Gold, Silver, Natural Gas, Copper all have not updated yet, still Friday's close. I'm going to give it a little bit but after 7 pm I'm just going to record

$ETHUSD - Chart Link- that wave B I favored a few weeks back played out perfectly, in wave C, 200 MA is next

COIN - Chart Link-

MSTR - Chart Link-

MARA - Chart Link- the stocks that are getting hammered are the miners, the ones that mine for Bitcoin, unlike more pure holders of Bitcoin like MSTR and COIN

the 'halving' event is coming April 20th, which is why the miner's are getting hammered, as it will be twice as hard to mine new bitcoins

$BTCUSD - Chart Link there's a huge thin zone below if it loses that support, looking weak, a break of that support could result in a flush to the low 50K range

yeah the EMA vs SMS is always a debate. Lot's of folks use EMA's these days, I use them for the MA ribbons and intra day time frames. Otherwise my general thought is that the 200 day and 50 day SMA's have been so widely followed for many years that I tend to use those on the daily time frames over the EMA's. For smaller time frames, 2hr, 60 min, 15 etc, and for weekly I use EMA's, though the 200 week SMA tends to be important  

thanks for the idea.

note: it's probably due for a bounce soon, but I wonder if that 200 day MA might be a target over time. 

that's the weekly chart you show, otherwise take note that the 200 day MA is around 135 where you list a stop, could be a magnet, if the stop gets hit the 200 day MA almost certainly gets hit. I'd probably move it somewhere below the 200 MA, but that's me. 

there's a minor support here but otherwise the 200 day MA is only 3.5 points away

this is the alert I'm going to email out and text to subscribers. If something changes I will post here again, but if not then assume these will be the trades

This is an alert about BPT Mechanical Systems:

Hello everyone, as you know it's been an ugly day for the market, not surprising given last week's bearish break in symmetry on the SPX, Dow Jones, and IWM.

With today's sell off a few of the 21 mean reversion long subs systems are triggering 1st entry longs.

SPY Systems:QE BTS and Trend/Pullback are taking 1st entries.  I'll be using SPY for the ETF.  (side note, if you need or want to limit risk, you can don't have to do both systems since they are entering on the same day, I simply report what each 21 mean reversion systems are doing individually. 

ES/MES systems:  QE Swing 3 is taking a 1st entry long (for the website I'll use 2 MESM24 contracts

the trade tables will be updated later this evening 

the versions from the table exited on Friday, SPX, SPY, SSO, UPRO

I'm sure we'll see a huge amount of exits on stocks and ETF's today when I update those tables

yeah to save our democracy by only causing gas prices to drop 10 or 15 cents LOL -  the effect on gas prices was very minimal last time, I think it was maybe 15 cents - yep that's going to have a major effect LOL

I wouldn't put it past him LOL. Instead of treating it like an emergency insurance policy in case the US Gov needs oil in an emergency, he uses it for personal political reasons

remember a long ways to that next TICK at 5019/20

ugh man

yes that's the problem, we're all F'd LOL. I'm simply saying if things get really really really bad, it will probably be even worse in China, but still bad here too, it's not like it will be good here LOL

plus digi with China everyone knows their economic data is always first filtered through their rose glasses - if China says their growth was 4%, maybe in reality it was 1% LOL, everyone knows their numbers always have a fudge factor to them that is positively bias. Didn't their recent GDP come in at like 1 or 0.1%? If so that means the real number was negative LOL. Again I'm not saying that the US doesn't use some creating accounting, clearly they do because of political reasons, but China is # 1 at that

here's something you may not know about;  Back in the Great Depression, the US Took the hardest hit across the world. Yes it was a world wide depression but the US was hit the hardest, it was much more mild for the UK, why?

It's because of Deflation: The US was the number one exporter of goods back then, while the UK was more of an importer like we are now.  Because we were the largest exporter we had all these factories with huge capacity.  Deflation comes in when you now have all these empty factories that cannot ship, and all that excess capacity is hugely inflationary.  

Basically importers were hurt less than exporters.

Contrast that with what you have today: Today it's China that has all the factors and all that excess capacity - they will be hit the hardest in a world wide slow down because of all that excess factor capacity, whereas the US is mostly an importer kind of like the UK was back in the 1930's that was not hit as hard as the US during the depression. Basically China should get hit much harder than the US in such an event. and of course I'm even discussing the Chinese housing investment market with all those millions of empty condos

yes, I"ve been saying that for years, the debt levels in China have always had me concerned the most. Their real estate market is close to 70 Trillion there's no way that can be paid back

and again I'm more of a chart purest, I think most of the time it's built into the charts already. The charts were in a vulerrable spot for a correction technically anyway, so the news is just the excuse 

updated TICK chart for SPX cash

once that 5153 tick spike from March 6th was lost price flushed

that said, the scary thing here is that there's a big thin zone, basically you have a TICK level at 5091 form Feb 29th, and there's not another level until 5019 from Feb 9th, that's a long way down

First off excellent closeout on for the Trend Pullback and Trend momo long systems last Thursday on MES, right in the nick of time

that said with today's dump we have some mean reversion systems showing triggers:

on MES the QE Swing 3 shows a 1st entry

on SPY the QE BTS  and Trend Pullback show potential longs

$NYSI - Chart Link-

TZA - Chart Link-

SPXU - Chart Link- SPXU and SQQQ had triggered previously, if you stayed patient you are rewarded now

SQQQ - Chart Link-

FNGD - Chart Link-