3309 Drysdale Ct
Edwardsville, IL 62025
see the yellow stick note above QE Short ES trade
NDX gap below
chart current at 2:15
WOW I can' t imagine my $80/mo gas bill going to $700/mo! If
energy has gone up this much obviously consumer goods have to cost
a lot more as well. Our grocery bill has certainly gone up a
lot. Thankfully a recession has been redefined so we can feel
better about not being able to pay our gas bill. haha It is
time for people to wake up an see the reality of the world we live
in. This can't be good for the markets.
maybe now for an impulse down
Well said, money without relationships is ... well sad, money is
nice but relationships alhtough difficullt at times is what counts
in the end. Recharge and have a great vacaton.
VVIX uncorrelated seems to be a few days early but
VIX buy/sell signal Steve gave a very
good explanation in the Aug 3 newsletter if you use the new player
version go to chart 25. SH, SDS SPXS or SPXU 1X, 2X, 3X
inverse SPY ETF's
Matt and Steve, thank you for all the work on the SPY
system please keep it the way it is. I hope you add other
ETFs as you have been working on that as well. You both have
helped me a lot in trading and your education piece is extremely
helpful. Keep up the good work. Matt, take sometime for you
and your family, I thought you were on vacation. Some down time
will help with family life and make your time at BPT even better.
R&R for both of you is well deserved.
VIX :15 uncorrelated
Matt is there a SPY short trade?
MES is the micro E-mini SPX futures
Futures are closed as well
TNA 3X LONG TZA 3X SHORT russell
All the system stats are in the SPY tab
Systems, SPY, system statistics, long, short
The trade was a BEAR LONG.
Looking back at the posts I can see where you could have misread
it. My experience is this is a great blog with many great
people posting. And people are people and misread or make mistakes.
Best to find Matt's posts and use those to the trades. I have
learned the hard way. This trade is a long trade. Great
stats under the systems tab.
Stats NYSE down vol 96%/ up vol 3%, new lows
762/new highs 1 SPX down 22% from the top
COMPQ down vol 84%/ up vol 15% new lows 1132/new highs 25
down 33% from top
VIX spiked at 35, near other highs but not in the latest highs
is the 37-39 range.
Washout is 90% down and 10% up volume so maybe we are near a
washout or had it. Time will tell.
NDX there are open GAPs from Nov 2020
If it drops it could really unwind
11743- 11700 and 11620 -11290
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forget the inv H&S now a double bottom will see on the
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