NMAX did an IPO yesterday. Opened at $14 and today is trading at $230

Hey Patellee, I use ToS but I trade on a 5 and 15 minute time frames. I generally use the 3 ema and 8 ema with the MACD and RSI.  High volatility, low volatility, logic...wish I knew enough about it to help. 

That was the last email I received also. I am not in any of these trades. You can always send an email to Matt or Rikk

Steve, on  March 6th  you shared a post from Jason Goepfert about the QQQ closing below its 200 day ma for the first time in over a year and to watch what happens in the next 2 weeks. The post mentions a 3.5% drawdown. If the 2 week period started on March 6th then we are about 3 days from it being 2 weeks.  In the next newsletter you make could you show how to measure the 3.5%? Thx! 

What I am looking for today...

MES   5662

MNQ   19879

Just some WAG's but would be nice to see these levels hit today

On the daily VIX chart, if I am reading the information correctly, it says A lower close than the close of the day back inside the Bollinger Band serves to confirm the signal. Do we have that confirmation today? 

If it holds 5616 then 5628 will be next

Maybe an EOD ramp up will bring it back

Sometimes this is what it sounds like to me...

Just do the inverse on the reverse and rebalanced that level because the head and shoulders may tag the fibs on the broken channel but watch the deep dive of the dead cat bounce cause it could be a moon shot to the HOD while the market sips on some liquidity but don't get caught up in the FOMO.  And remember, Trade Your Plan! :)

The Big Bright Green Pleasure Machine that's turned RED

Bridge over Troubled Water

How fitting! With Matt's reference to the market being "Bloody",  The Blood Moon will be here in 2 days. 

The blood moon, or total lunar eclipse, will occur overnight on March 13 and into the early morning of March 14, 2025. The totality phase, when the moon appears red, will last approximately 65 minutes.

Matt, you said generally bottoms have divergence on 60 minute timeframes. Is that any divergence or specific to MACD, RSI, etc? On the MNQ 60 minute chart it appears there is an RSI divergence this morning.  If or when you get a chance...thx!

I hope we turn the corner before Friday since there are only 10 days left on the MESH25 contracts. If not, next week I will be learning how to roll a futures contract.

SPX high last July was around the 5668 level. That level was tested in September. SPX is back for another test

Testing yesterday's Lows was a good call Steve.  Went short MNQ at 22220 and rode it down to yesterday's low. Great trade for me. Thanks!

Impressive! Won't be long before the money will just be falling into our accounts     

 The 1 hr VWAP lines up with you 6048/43 level.. 

Will you post levels . Thx Steve

Thanks for calling out all the ES levels today Steve. Excellent Job!