technically rounded to 667 as low was 666.79. Though I don't know what ES futures were they might have closed there

SPX correlation to Inverse VIX video

Posted by matt on 22nd of Jan 2020 at 02:41 pm

Compare VIX vs SPX vs correlation - Chart LinkHere's a quick 'unpolished' video I recorded testing my software but also discussing how this correlation with the Inverse VIX to the SPX could be useful, here's the Video

https://secure.screenrec.com/MV16HLOST0

Dividend plays follow up

Posted by matt on 22nd of Jan 2020 at 11:54 am

OXLCO - Chart Link- Stockcharts has a Dividend indicator therefore I went ahead and added it to the dividend plays. OXLCO weekly chart shows you how stable it is, those few pullbacks were very small like $1 - $2 only.  pays monthly and when the CCI spikes on those pullbacks is good time to add

OXLCO - Chart Link- daily

MAIN - Chart Link- another daily dividend play, been commenting on since early last year

BIZD - Chart Link- another one, monthly though, commented on it earlier last year

if you guys have any others that you really like you can p.m. me or email me and I'll plot them and add to the list if they look decent

JO 30 min

Posted by matt on 22nd of Jan 2020 at 11:28 am

JO - Chart Link - here's a 30 min chart of JO. Potential double bottom there, this creates a lower risk area to try an initial long with a tight stop if one wishes to do that.  Otherwise price needs to break that trendline. Also notice I drew a trendline on the 60 Length Stochastic to monitor as well

again all PPLT did was textbook by breakout over resistance last week, then pulling back to re-test former resistance turned support, if you recall I replied to a question early last week said it would be a good buy PPLT pulled back to re-test that area and it was

Exhaustion Trade

Posted by matt on 22nd of Jan 2020 at 11:09 am

The SPY Exhaustion trade was triggering a 2nd entry when the market was at the highs, over 332.95 is the price

went away of course as the market pulled off that high

Update: Update: SPX 5 min

SPX 5 min

Posted by matt on 22nd of Jan 2020 at 11:00 am

$SPX - Chart Link - nice pullback after making that divergent second high

TSLA and AMD, wow

Posted by matt on 22nd of Jan 2020 at 10:37 am

TSLA - Chart Link

AMD - Chart Link

again you should read the tech articles on AMD, kicking INTEL's butt, and is why I've been super bullish on AMD for the last year

Update: SPX 5 min

SPX 5 min

Posted by matt on 22nd of Jan 2020 at 10:23 am

$SPX - Chart Link - bull flag played out from my last post

SPX 5 min

Posted by matt on 22nd of Jan 2020 at 10:12 am

$SPX - Chart Link - as I said below price got way too extended on the 5 min time frame this morning, now as pulled back, could it flag here?

ES 60 min futures

Posted by matt on 22nd of Jan 2020 at 09:50 am

here's a couple 60 min charts of ES futures. Short term on a 5 min market got extended and pulling back off the highs. However the 60 min has a potential bull flag, would measure roughly 20 points or so.  Also the chart on the left has the cycle indicator, since price broke over that cycle it is now support. Also notice the BPT MA Delxue it's red, so once that turns green that's a higher low stop. again very short term on a 5 min price got extended

Update: UGAZ follow up

UGAZ follow up

Posted by matt on 22nd of Jan 2020 at 09:38 am

$NATGAS - Chart Link - following up again on Natural gas, remember the 2016 lows is around 1.60.  

UGAZ follow up

Posted by matt on 22nd of Jan 2020 at 09:37 am

UGAZ - Chart Link - 60 min view, speaking of dojis as triggers from my JO reply below, you had a nice doji on the 60 min time frame yesterday as a trigger. Remember look at those intra day time frames

UGAZ - Chart Link - Steve showed a 15 min chart last night

UGAZ - Chart Link - daily has a doji potential for today

no those doji triggers are

No Trigger on JO

Posted by matt on 22nd of Jan 2020 at 09:31 am

no those doji triggers are good for 1 days, the next candle basically, had to trigger on Tuesday's candle.  So what could happen is another doji forms and that be used a trigger on the daily or price get over that downtrend line via the 60 min, and the 200 MA is no so close probably acting like a magnet

ES futures up 15

Posted by matt on 21st of Jan 2020 at 11:17 pm

I did a couple trades on ES, going to bed

yes using these indicators are a privilege of BPT members, I would not place them on a public forum for anyone to use. It's not to much to ask that someone has to be a BPT member in order to use them

nice  chart!

SILJ  hourly

Posted by matt on 21st of Jan 2020 at 10:24 pm

nice  chart!

yes there is, I sent you a pm. however obviously one must have a Tradestation account for. If folks do not have one they should ask me for my contact there and sign up that way vs opening a new account from TS on their own.

otherwise honestly what we need to look at doing is get some of our indicators on their subscription platform, would make it much easier and automated to update codes, vs having to manually email it.  Also folks much be paying subscribers and for personal use only, non professional

SPX and VIX correlation

Posted by matt on 21st of Jan 2020 at 06:53 pm

Compare VIX vs SPX vs correlation - Chart Link 

notice the dip in the correlation, if that dips and becomes much less correlated to the SPX, can sometimes precede a pullback 

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