SBUX - Chart Link- the CCI had spiked below -300 and formed a divergence with price and along with the MACD divergence on the 60 min time frame and doji candle as a trigger was a perfect setup

here's past examples of it

https://breakpointtrades.com/blog/post/292951/

also if you want to scan for these setups, here's my personal scan, SBUX was on the scan 2 days ago

[type = stock] AND [country = US] AND [Daily SMA(60,Daily Volume) > 200000] AND [Daily SMA(60,Daily Close) > 5] AND [Daily Close < Daily EMA(9,Daily Close) * 0.95] AND [Daily EMA(9,Daily Close) < 20 days ago Daily EMA(9,Daily Close)] AND [Daily RSI(5,Daily Close) < 30] AND [Daily EMA(9,Daily Close) < 30 days ago Daily EMA(9,Daily Close)] AND [Daily Close <= Daily Open * 1.01] AND [Daily Close >= Daily Open * 0.985] AND [Daily CCI(14) > Yesterday's Daily CCI(14)] AND [Daily CCI(14) > 2 days ago Daily CCI(14)] AND [[10 days ago Daily CCI(14) < -200] OR [9 days ago Daily CCI(14) < -200] OR [8 days ago Daily CCI(14) < -200] OR [7 days ago Daily CCI(14) < -200] OR [6 days ago Daily CCI(14) < -200] OR [5 days ago Daily CCI(14) < -200] OR [4 days ago Daily CCI(14) < -200] OR [3 days ago Daily CCI(14) < -200] OR [2 days ago Daily CCI(14) < -200]] 

yep! was down initially, nice to see it rebound, got close to the 20 day MA then bounced

wow congrats on that! 

maybe now talk to Mortimer!

YINN - Chart Link- had quite a move, pulled back to test support yesterday, rebounded

nice thank you!

SLQT - Chart Link- take some damn profits if you haven't

$VIX - Chart Link- after filling the gap yesterday, bouncing today, MACD divergence 

META - Chart Link- does anyone know of an inverse ETF for META? I found a -3X one but it's on the London Exchange LOL. trying to find a way to short it in my IRA

just like TSLA has an inverse ETF, figured there has to be one for META, does anyone know symbol?

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