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Monday April 15th Tax Day Newsletter and Video

Posted by matt on 15th of Apr 2024 at 09:02 pm

Youtube Video  Monday April 15tht, 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 April 15th  standard Webpage Format  - contains all the dynamic chart links

yeah I don't know, I was talking to a subscriber the other day, he's made 10's of thousands of dollars from our systems signals, trade ideas, and analysis.  He has multiple subscriptions, but again if a website is making him 1000's of dollars, does he really care about a cutting a $50 a month subscription?  Honestly as long as the subscription makes you more than what it costs, then it's worth keep - it's not hard to get some ideas from us that makes you more than the $50 a month it costs.

again for folks who have small accounts and money is tight I get it, otherwise most traders should focus on improving their trading and plan, vs  cutting ever expense. 

yes it did while it lasted

now its done, one can use it on the next momo condition

yeah changing to a new platform is not that simple - is that we have built a custom backend that takes takes Stockcharts.com, our server logs into it, and automatically places the charts into the newsletter. All we have to do is click one button and BOOM, the chart image and URLs gets placed into the newsletters or the blog community.  The server also has access to all the 5000 charts or whatever we have saved, all we have to do is type a keyword and pull out any stock or chart from our saved list. We cannot do that in something like Trading View.  

We can even click duplicate and have all the charts and links from one newsletter appear as a new newsletter - which also saves a bunch of time if we are using a lot of the same things

With something like Tradingview there is NO way to integrate our server into that and have it place the chart images in the newsletter.  We'd have to manually take screenshots of each chart, and then manually upload them, taking hours longer.

haven't you guys every wondered why we can have 50 or 100 chart images in a newsletter?  Doing that by taking screen shots and manually loading them into a newsletter, then re arranging them would add a couple hrs to the newsletter - it's the efficiently we've built, so that's why we continue to use the Stockcharts.comfor now

I'll make a short video sometime to show the  the backend how we manage all these and build newsletters

even the blog community - we are not manually saving and pasting images like you guys - we post images to the blog directly from the newsletters themselves with one click, there's a lot here you don't see, again I'll make a video on it sometime

guys, again it's not on me, been waiting on James  - you guys should go to his house and beat on his door! 

NYMO below lower BB's 2 consec days

Posted by matt on 15th of Apr 2024 at 07:24 pm

damn these commodities at stockcharts are updating very late

Posted by matt on 15th of Apr 2024 at 06:15 pm

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

Update: Bitcoin looking vulnerable

Bitcoin looking vulnerable

Posted by matt on 15th of Apr 2024 at 05:54 pm

$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

Bitcoin looking vulnerable

Posted by matt on 15th of Apr 2024 at 05:42 pm

$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

mean reversion systems trades

Posted by matt on 15th of Apr 2024 at 05:20 pm

SPY and ES mean reversion systems trades

Posted by matt on 15th of Apr 2024 at 03:53 pm

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

NYSE TICK spike levels above 1000

Posted by matt on 15th of Apr 2024 at 03:19 pm

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

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

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