I learned that from Chris Brecher on youtube. I recommend his videos.

Is anyone hedging GDX with an option on DUST? If so, any details on expiry and type. I am considering a PDS (put debit spread, bull spread) with 3 months out.

Breakouts are suspect with low adv/dec readings.

/GC has tripped its SAR trailing stop:

Are there any system trades for today by any chance?

A close for /GC below 1940 will negate the breakout from yesterday. It is currently on course to do that unless gold recovers into the close.

yes, captain! This market seems to be successfully navigated to fading openings into the close or into noon.

There is a high-compression squeeze on the daily charts on silver.  Currently the momentum on the squeeze is to the downside, while indicators and momentum are all pointing higher. High-compression squeezes usually resolve to the downside.  I would be buying a pullback in silver for a move higher. The same for gold and copper.

/GC is trading above 1944 resistance now. A close at this level will bring another leg up in gold.

I cannot watch ticks, as I am at work. I can watch the price. That is why you, Matt, and Steve are my eyes and ears during the day!

Thanks, Matt! I covered a half of that SPY put position just now near the trendline support. I will restore this position after a bounce today into the close.

Matt, I hold a full position on the SPY Stoch Rev trade. Please advise on the exit if different from the other subsystem. You said it could last for days if successful.

There is a trendline support on /NQ near 11650, which is expected to hold. TSLA reports later today, so an intraday bounce in /NQ is likely to be sold.

/NQ is selling off after earnings. My targets are 11790 and 11706 to buy for an overnight trade into the open. The stop is 11652 on 60-minute charts on the closing basis.

If the indexes put a divergent high on 1-hour charts, a pullback  will be due. The move up was too fast, so some consolidation and/or pullback is needed to resolve the overbought condition.

I am watching a squeeze on 4-hour charts to break to the downside on /GC. If played, it would send /GC to last week's low of 1910, which is a buy for a day trade.

/GC might have put a topping candle overnight hitting 1940. With options expiration for February contract, the price should stay in the range for the remainder of the week.

Greg and anyone else, Chris Brecher teaches chart patterns for day trading effectively. I listen to him to learn. He is a very good day trader with a lot of insight.  He makes trading easy to do. You could view his videos on youtube by searching "chris brecher trader"

GDX seems to be topping here with one more push up tomorrow. Is anyone protecting gains in GDX with stock options spreads? If so, what kind: vertical or calendar, and what expiry? Thanks for any input!

Matt or anyone, regarding trading the KISS system: do you recommend trading it from the EOD or from the opening?