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Looks like a great range to chop around and upwards for 2 days ahead of my favorite day... the Friday Flush :)

Thanks Matt locked in some gains ahead of some kinda wave iv bounce.

There goes 3950... doesn't look like TSLA gonna make it.

Inv HnS on daily OR

Posted by fredsaid on 6th of Dec 2022 at 11:56 am

Inv HnS on daily OR we bust through 3950 on the way to 3907.  I think we bounce but hope we drop hehe

Totally agree.  The problem in Canada is there is no such thing as a long term mortgage, the longest you can lock a rate is 7 years but you start paying points above 5 after the lock it goes to full variable or lock in for 5 more years at much higher rate.  I would not be surprised if the government has to step in this time around and force the greedy banks to change the rules.  I'm shocked they have allowed banks to thieve like this for decades.

Very nice call on the

Posted by fredsaid on 6th of Dec 2022 at 10:39 am

Very nice call on the inflection point boys !

Is the STS on the

Posted by fredsaid on 6th of Dec 2022 at 10:37 am

Is the STS on the SPY at 3915 or 3838 ?

Bank of Canada rate decision

Posted by fredsaid on 6th of Dec 2022 at 10:34 am

Bank of Canada rate decision is tomorrow.  Last two moves have been 1% I believe, tomorrow is expected to be .25 but I think it will be .50.

Well said Matt.  The only thing that may be different this time is the nature and extent of the recession where all signs (similar to those you pointed out) are pointing to much worse than expected, especially if the green back doesn't hold up.

AAPL, MST, TXRH, WMT -

Posted by fredsaid on 6th of Dec 2022 at 10:31 am

AAPL, MST, TXRH, WMT - downgrades.  COST - upgrade.   Analyst ratings never make any sense to me.

AMD and TSLA appear to

Posted by fredsaid on 6th of Dec 2022 at 09:58 am

AMD and TSLA appear to have lost support ..   Looks a lot more like die than do but we shall see.

Looks like XLE will open

Posted by fredsaid on 6th of Dec 2022 at 09:09 am

Looks like XLE will open near it's 50 day.  Plan to take 3/4 off the table.  

Nice views in Newsletter tonight

Posted by fredsaid on 5th of Dec 2022 at 11:40 pm

Nice views in Newsletter tonight !  Expect a sell down in the am to close the system and choppy Tuesday.  Then look for the close tomorrow for turn around Wednesday.

We're all human.  Most of

Posted by fredsaid on 5th of Dec 2022 at 11:25 pm

We're all human.  Most of us anyway ... lmao :)

Where is the 100% fib

SPX 5 and 15 min

Posted by fredsaid on 5th of Dec 2022 at 02:01 pm

Where is the 100% fib ?

10-4.   Watching for when exit condition is met now.

I didn't get the trade notification email on Friday either, same - got all the other ones and not in my spam.  Would love to know how to sign up for text alerts as well.

Won't be easy but if

Posted by fredsaid on 5th of Dec 2022 at 12:32 am

Won't be easy but if BPT can give a BPT entry signal, with an STS stop (similar to the system trades but this is a little different).  Then track the profitability of those trades ... well that's a game changer and honestly game over - everyone else can suck an egg lol.   btw FANTASTIC work to date - i just like pushing the boundries mate :)

Makes it difficult for sure but as you continue to back test, there is likely a best bet when it comes to the STS - and what other metrics to apply or evaluate when the STS is born.   For now, when there is a large monthly 5 wave pattern (can't chart it with system technicals) plus an STS ... oh baby that sounds juicy - know what i mean ?

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