The community is delayed by three days for non registered users.

Unless we roll over pretty

Posted by frtaylor on 5th of Dec 2022 at 10:49 am

Unless we roll over pretty shortly, looks like a stick save on that 15 minute SPX chart.

thx, that's what I thought.

Matt (or others): on that

Posted by frtaylor on 5th of Dec 2022 at 09:15 am

Matt (or others): on that 15 min chart, a gap down means we open below the main body of Friday's candle,  correct?

Is this trade confirmed then?

SPY and ES systems trade

Posted by frtaylor on 2nd of Dec 2022 at 04:38 pm

Is this trade confirmed then? I haven't seen an email after you posted.

Jeff Hirsch December trading   

Posted by frtaylor on 30th of Nov 2022 at 08:46 am

Jeff Hirsch December trading             
There's a nice graph of performance by index during December.

"December’s first trading day has been bearish for S&P 500 and Russell 1000 over the last 21 years. A modest rally through the fifth or sixth trading day also has fizzled going into mid-month. It is around this point that holiday cheer tends to kick in and propel the indexes higher with a pause near month-end.

Small caps tend to start to outperform larger caps near the middle of the month (early January Effect, 2023 Almanac pages 112 &114). The January Effect is not to be confused with the January Barometer (2023 Almanac page 18), which states as the S&P 500 goes in January, so goes the year.

The “Santa Claus Rally” begins on the open on December 23 and lasts until the second trading day of 2023. Average S&P 500 gains over this seven trading-day range since 1969 are a respectable 1.3%. "

The Dow hasn't regained the

Posted by frtaylor on 29th of Nov 2022 at 01:09 pm

The Dow hasn't regained the 9ema.

Could also be a flag.

SPX 10 (One Option)

Posted by frtaylor on 29th of Nov 2022 at 12:59 pm

Could also be a flag.

Matt, on the SPY system

Posted by frtaylor on 29th of Nov 2022 at 11:23 am

Matt, on the SPY system trade, any chance of a momentum-based hold beyond the short term MA which usually triggers the trade to be closed?

DJIA isn't far from the

Posted by frtaylor on 28th of Nov 2022 at 02:16 pm

DJIA isn't far from the 9ema, and there's a gap just below that.

PYPL - the hammer from

Posted by frtaylor on 28th of Nov 2022 at 09:42 am

PYPL - the hammer from Tuesday is playing out. So far stopped at the 38% fib + 9ema area. Dunno if it means much, but the open is the biggest 15 minute up volume bar since July 22nd.

And here's the 30 min

TSLA wedging on the daily chart.

Posted by frtaylor on 23rd of Nov 2022 at 01:31 pm

And here's the 30 min with flag. Already broke out as I am typing.

Here's an hourly chart, with the symmetry move. So far just looks like it's pulling back on lighter volume to re-test the trend line.

God UVXY sucks sometimes. VIX

Posted by frtaylor on 23rd of Nov 2022 at 12:58 pm

God UVXY sucks sometimes. VIX is making a higher high but UVXY still below its earlier high.

TSLA wedging on the daily

Posted by frtaylor on 23rd of Nov 2022 at 09:41 am

TSLA wedging on the daily chart.

EXTR sold too early! Another

Posted by frtaylor on 22nd of Nov 2022 at 03:23 pm

EXTR sold too early! Another case of bouncing off the 9ema repeatedly.

The hourly chart gave a

speaking of coal

Posted by frtaylor on 21st of Nov 2022 at 04:09 pm

The hourly chart gave a good intraday wedge break to buy.

BTU starting to pick up

Posted by frtaylor on 21st of Nov 2022 at 01:41 pm

BTU starting to pick up some steam? (1hr chart)

Halloween may not be over

Posted by frtaylor on 18th of Nov 2022 at 01:05 pm

Halloween may not be over for Bitcoin! 


Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!