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we should see nice jumps in many long systems from the KISS

Posted by matt on 15th of May 2024 at 02:16 pm

STS stops jumping way up on SPX and QQQ

thx, anything in that old FAQ is old, 10 years plus, needs updating

GDX

Posted by matt on 15th of May 2024 at 11:36 am

GDX - Chart Link- that pullback on the 60 min from the highs had a cup and handle look to it prior to today's breakout

GDX - Chart Link- daily

MSTR nice

Posted by matt on 15th of May 2024 at 11:34 am

NYSI systems working out

Posted by matt on 15th of May 2024 at 11:13 am

nah it's going to vary

ES breakout system working out so far

Posted by matt on 15th of May 2024 at 11:04 am

nah it's going to vary - it's not a hard set number, I think the initial stop is below a PSAR or ATR, which will vary in price

the breakout system is the one system that uses a stop initially out of the mean reversion systems, the mean reversion systems do not use a stop at first, until you get a mean reversion bounce. 

and I guess technically the breakout is not really a mean reversion system, I just have it with that mix. The breakout system has a ton of logic to it, one of the main things it uses for entry is the ADX with +DMI and -DMI - it looks for +DMI and ADX expansion 

that was also discussed before, was 5182, entry was around 5245

that stop is about 0.7%

ES breakout system working out so far

Posted by matt on 15th of May 2024 at 10:53 am

that stop is about 0.7% above the entry price. I mention that for folks who may have bought ETF's instead, so can use as a guide

the stop is 5262, you can also look at where approximately that would be on SPY or SSO or whatever you bought

the stop is listed right

ES breakout system working out so far

Posted by matt on 15th of May 2024 at 10:52 am

the stop is listed right in my post man

ES breakout system working out so far

Posted by matt on 15th of May 2024 at 10:49 am

so far working out, stop is still around 5262 that is now ABOVE entry!

Following up on names

Posted by matt on 15th of May 2024 at 10:02 am

DSL - Chart Link- ex dividend yesterday, but price moving back up today

CEG - Chart Link- continues following through, trail stops up, it's had quite a move, perhaps a stop at yesterday's lows now

FE - Chart Link- been on the list for a few weeks, steady eddy move higher

BIIB - Chart Link- following through nicely! finally moving pretty good. Triggered about 2 weeks ago from that flag pattern

yep and thanks for posting

SPY and ES mean reversion systems

Posted by matt on 14th of May 2024 at 06:45 pm

yep and thanks for posting that! I receive emails now and then from folks saying: how can I trade the ES systems signals, I don't trade trade futures. I always tell them, you don't have to, just substitute ETF's in place 

on the open MES breakout

SPY and ES mean reversion systems

Posted by matt on 14th of May 2024 at 04:07 pm

on the open MES breakout system trade, the stop currently is 5180

AVGO follow up

Posted by matt on 14th of May 2024 at 03:57 pm

VIX comments

Posted by matt on 14th of May 2024 at 09:39 am

$VIX - Chart Link- 60 min, as you know nice rally yesterday off that support and MACD divergence. Note: there's an open gap above that is likely a target, those gaps are generally filled on the VIX

$VIX - Chart Link- daily, I called this last year, I said watch for a bounce in the VIX given how strongly the down slope of the lower BB's was, was unsustainable

XOM ex dividend today

Posted by matt on 14th of May 2024 at 09:37 am

JETS following through

Posted by matt on 14th of May 2024 at 09:31 am

Monday May 13th Newsletter and Video

Posted by matt on 13th of May 2024 at 09:40 pm

Youtube Video Monday May 13th, 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 Monday May 13th  standard Webpage Format  - contains all the dynamic chart links

LU coiling

Posted by matt on 13th of May 2024 at 07:58 pm

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