Nice chart, I guess I will hold onto my hedges....thanks! 

Good point, the hefty dividend would make it easier to stay in while it lingers. I just looked it up and it goes ex on Jan 28th I think. Makes it even a better conservative trade! 

Does anyone have any opinion on PFE? I know it's been a dog lately but I feel like it's gaining momentum again for another move.  Maybe with a pickup in vaccine availability? 

How about DTS- Dynamic Trailing Stop    OR    MTS- Matt's Trailing Stop?

These DVTs are so helpful; kept me in AMD the other day with a larger stop than I was giving it. Glad I followed it! AMD looking good today and to me looks like it wants to break out of a small consolidation. 

I made some money on daytrades on TLT last couple weeks but definitely realized it does not seem to be one to hold overnight...too many gaps! 

Watching that on TV right now...unbelievable!

Wow, good catch; sudden sell-off, is there news or just technical?

Thanks, not an exact science and that makes sense. Appreciate the KISS chart on AMD... 87 is just below the 50 dma and also top of wave 1 if you count waves a certain way. 

Thank you!  Just curious, do you normally use a hard stop or a mental stop on these DVTs? I've seen little fishtails go below and right back up in the past. 

Matt, I know AMD is one of your favs. You haven't mentioned it since later December and now seems to be  in a little consolidation. Earnings are on 1/26. Can you add this to your KISS charts if you post a few in the next couple days? I traded SMH like you and made $ then got into AMD on the pullback.  Thanks

Please keeping posting these, they are very helpful. I just bought a little XLE for a trade noticing how close price was to the DVT and with the cycle buy. Put my stop in right away so not risking much. 

Same with SMH because it looks like this has a nice pattern; AMD and AMAT kind of looking the same but I personally like to use etf's to mediate risk a little. 

XLV looks like it's breaking out today too; hope it's for real  :)

Happy New Year!

Nice trade Matt; I took advantage of it...very happy :)

Sweet...I like the second one; has all the stuff I like to trade. This is really helpful!

Question on the DVT's; does the ex div amount play in? qqq goes ex-div today.  The dividend on qqq is not much (.4) but do the stops adjust for this? 

Matt, being that SPY is ex dividend today and may have something to do with the drop; how does that factor in with the DVTs? 

One thing to keep in mind, many index funds go x-div this Friday.  Could be some buying to capture that too? 

I agree, there is something for everyone here. I have had a lot of success with the SPY systems and also KISS systems! And I don't trade options, unless selling them; which is just my own preference... I like to keep it simple.  

Matt & Steve have made almost too much available here for us to use.  Often times, I see the same patterns but it's nice to have a pro see triangles, pennants, wedges etc to confirm and give confirmation of my own observations. 

I think if you don't have success using this site, you are probably afraid to pull the trigger on a trade! (and manage the trade once in  :)

FNGS breaking out along with it! 

Nice call!