it is a cruel master...

I am monitoring a similar pattern on XLK (about 45% AAPL and MSFT which has a similar look).

I took a little short nibble near the apex - feels like a fairly objective entry given the pattern and distance from VWAP. 

https://www.tradingview.com/x/0b2Q8DPM/ 

Awesome.  Thank you.

newly flat mean "in cash" or that the STS was hit and the long trade closed out.

https://breakpointtrades.com/ts/view_chart.php?s=XLE&g=BPT_basket 

I love this update, James. Thanks. 

 Please consider making that simple summary of STS a regular feature.   I bet you could automate in an afternoon. 

Watching VWAP today.  So far one smackdown...

Lotta chop ahead of the remaining news items.  Careful out there.

+1 for STS.

Happy Thanksgiving, all.

GDX 

RAFA - Speaking of cheapies - up 20% today

https://www.tradingview.com/x/CULf1EgY/ 

XLK 

Just lost the 78 fib from recent advance, approaching lower BB on 60m timeframe.
Shorter time frame a steep falling wedge may be forming

60m - https://www.tradingview.com/x/rqOlpPgn/ 

5m - https://www.tradingview.com/x/AJJ5BBvW/ 

VIX down w/ indexes

https://www.tradingview.com/x/Ud8JtjcL/ 

Guess they liked the CPI numbers?

https://www.tradingview.com/chart/XhdK9UKW/

Demark indicator

https://www.tradingview.com/chart/pcazbgyx/  (my plan for XLK short target this week)

You should be able to copy that to your own layouts and then copy the demark indicator to other charts under rt-click (of the indicator on the chart).

"A" on the charts stands for "Amateur" - is triggered when there is a higher than normal rate of very small lot sizes.  Not sure of the exact heuristics, but is a signal that someone will probably post that goldfish meme soon.

VIX update

120 - https://www.tradingview.com/x/uFG4q1pT/

15 - https://www.tradingview.com/x/MZxjTJoH/ 

 SPY & XLK both exhibit the "VWAP smackdown" after that fade from the morning highs. 

https://www.tradingview.com/x/nx0EY3sk/ 

VIX dumping pretty nicely on the open.   Reaching demand zone:

https://www.tradingview.com/x/R52o5eEl/ 

I was looking at GDX and thought it looked like an inverse H&S on the 60m chart:

https://www.tradingview.com/x/LwdFqnhv/

Next week indeed.  On the sideline for this one.

VIX

I'm only quasi-confident wrt patterns in the VIX, but here are a couple of shorter term trendlines I'm watching

https://www.tradingview.com/x/eKnIAqOT/ 

XBI - heck of a candle on the 60m

https://www.tradingview.com/x/JiJu5aNK/

Let's not get "all bulled up", but happy to see the bleeding stop if only for an hour or two.