Wow 100 favorites! I logged in as you just to see and sure
enough you do! PLTR was the ONLY one out of your massive favorites
list that had a new a new STS, nice trade from the May 30th entry
up 32%. I see you added RIVN as a new favorite, the system is
up 52.4% on this open trade
image is from my admin side, shows you only received one symbol
in your KISS email table update. And some of your favorites are
below - honestly some nice trades there
lshereer- MARA on the KISS tables didn't stop out.
Remember from the FAQ (read it again if it's been a while),
the standard default KISS systems do not stop out at the STS prices
intra day, they require a close confirmation. MARA hit the STS
intra day at 21.5 but closed at 21.65. The high performance will
use the STS stops exactly for a stop. And again you know how things
are, sometimes it's better to wait for a close confirmation, and
sometimes it's worse. Otherwise I just wanted to clarify
those default KISS systems do not stop out without a close
confirmation
TSDD - Chart Link the inverse TSLA chart
looked like it wanted higher - obviously depending on earnings,
however the chart looked like it wanted to pop
all day long the SPY trend/pullback was looking to exit, but
that went away on that dip in price the last 30 min - too bad, I
wouldn't have minded one of those clossing out
I'll comment here and in newsletter. Exit criteria is closing
above short term MA's like 5 or 8 or 9 SMA, I don't have those in
front of me, and there's also a trailing component that can kick in
once in a while to hold the trade longer
NYCB - Chart Link- I like the base on this
regional bank - but remember earnings are on Thursday.
Clearly the stock did not react well to earnings back in late
January as that's when NYCB gapped down form 31 to 15. That said
price is less than half what it was back in January, about 60%
lower and it's been basing so maybe it won't have a bad reaction to
earnings this time, we'll see...
what I can't tell you is wave A down was complete or if this is
a wave 4. And wave 4 could be complete or that could have
been wave a of B, still needing a b and c
PACB - Chart Link- getting stronger, up 5.6%
already nice trade off the backtest of the broken trendline. I
spotted the setup last week becaue of the nice base and the strong
up candle on strong volume, the pullback to backtest that trendline
was the optimal entry, or even early this morning was okay
F - Chart Link- was a fantastic swing, hope you
took some profits prior to today, so far a nice move below the 9
EMA, the 20 MA is likely the next target
otherwise there was no MACD divergence at the this, such
suggests this maybe some sort of 4th wave pullback vs a major high,
however the doji candle last Thursday provided a very tight stop to
lock in gains using the low of that doji for a stop
for clarity the volatlity systems for SPY and DIA went long
yesterday not short - as the volatlity instrument for those ETF's
(VIX and VXD) closed back insider their upper Bollinger Bands.
Short signals occur when those volatity instruments are
trading below their respective Bollinger Bands and close back
inside. recent signals were longs, not shorts
of the SPY and ES open mean reverion system trades, the SPY
Trend/Pullback is currently showing an exit, so it could exit today
(upper left). I'm not yet seeing it on ES and the QE momo
yet.
for the volatility systems - none of these are looking to exit
yet either (again these are not official systems trades that are
tracked on the website yet
Ouch? the market is up. Again the official website trades
are the mean reversion systems and KISS systems - SPY and ES
systems went long last Friday. I posted the QQQ volatilty
system on Friday so if anyone happened to take that you did very
well and can close it out now for a profit - hell even if you took
the trade on Monday morning on the gap up you did very well -
otherwise VIX systems are not emailed out at this time
and hopefully you played more than just the Trend/Pullback mean
reversion systems - there has been very few signals this year
because of the strong market trend, the KISS systems nailed most of
the uptrend this year so hopefull you played some of those and some
other trade ideas here
maybe I'm still confused by your question which I apologize
for -
feel free to send me a private message here, I can talk to
you on the
phone later or we can do a quick Zoom callto answer your
questions if I'm not covering them here
Hello Eddigold - the VIX systems I discussed yesterday are the
default Stockcharts one that uses Bolinger Bands of 20/2 settings.
This also works well for the VVIX, however I didn't discuss
the stats for the VVIX Bollinger Band system, but they are very
similar to the VIX / BB stats
The volatilty systems that I have coded in Tradestation use
different settings for Bollinger Bands. I discussed what the
stats were with the default 20/2 settings used on Stockcharts,
however the various stats I showed here and last night were
ofcuston settings for SPY, and DIA, and QQQ.
The custom SPY Vix BB system triggered yesterday as did the
standard default setting for Stockcharts. The DIA also
triggered, and the QQQ triggered on Friday.
I posted the QQQ volatility system on Friday and discussed it on
the weekend, and I posted the SPY and DIA yesterday and discussed
them - that said, remember I don't email these out as system trades
for the website at this time - I posted them for informational
purposes. If you choose to do one or more of these that's your
choice but they are not communicated in real time here for official
website system trades at this time.
These also close out the trade after price closes above a short
term moving average such as the 8 SMA or or 9 SMA, it varies
depending on the backtested seettings. There's also a
trailing stop that can kick in that wills use the previous day's
lows for a stop.
anyway in case you or anyone took one or more of these trades,
I'll communicate what the do, when they close out etc
otherwise in the future if I add these 12 volatility sytemes,
I'll have a section on the website with stats and the exact trade
rules etc.
The community is delayed by three days for non registered users.
Wow 100 favorites! I logged
Wow a record low of ONE stock on my STS ...
Posted by matt on 23rd of Jul 2024 at 08:28 pm
Wow 100 favorites! I logged in as you just to see and sure enough you do! PLTR was the ONLY one out of your massive favorites list that had a new a new STS, nice trade from the May 30th entry up 32%. I see you added RIVN as a new favorite, the system is up 52.4% on this open trade
image is from my admin side, shows you only received one symbol in your KISS email table update. And some of your favorites are below - honestly some nice trades there
lshereer- MARA on the KISS
The STS for MARA was hit exactly today. Then it ...
Posted by matt on 23rd of Jul 2024 at 08:15 pm
lshereer- MARA on the KISS tables didn't stop out. Remember from the FAQ (read it again if it's been a while), the standard default KISS systems do not stop out at the STS prices intra day, they require a close confirmation. MARA hit the STS intra day at 21.5 but closed at 21.65. The high performance will use the STS stops exactly for a stop. And again you know how things are, sometimes it's better to wait for a close confirmation, and sometimes it's worse. Otherwise I just wanted to clarify those default KISS systems do not stop out without a close confirmation
https://breakpointtrades.com/sts_table/?search=mara
TSDD
Posted by matt on 23rd of Jul 2024 at 05:17 pm
TSDD - Chart Link the inverse TSLA chart looked like it wanted higher - obviously depending on earnings, however the chart looked like it wanted to pop
for sure, and of course
High Performance DBA went long earlier
Posted by matt on 23rd of Jul 2024 at 03:59 pm
for sure, and of course everyting has been strange even politics way more than normal
Mean reversion systems
Posted by matt on 23rd of Jul 2024 at 03:52 pm
all day long the SPY trend/pullback was looking to exit, but that went away on that dip in price the last 30 min - too bad, I wouldn't have minded one of those clossing out
High Performance DBA went long earlier
Posted by matt on 23rd of Jul 2024 at 03:51 pm
you can see the trade on the chart. I also added the stats - which are very good
also, here's how those alerts will look over SMS text message, see second image
when that product is finally released that's what you will get on SMS texts.
also the high performance KISS tables will update intra day automatically to reflect the trades, NOT just at the close like the standard stuff does
I'll comment here and in
Exit Criteria for $VIX System?Matt, what's the exit criteria for ...
Posted by matt on 23rd of Jul 2024 at 03:46 pm
I'll comment here and in newsletter. Exit criteria is closing above short term MA's like 5 or 8 or 9 SMA, I don't have those in front of me, and there's also a trailing component that can kick in once in a while to hold the trade longer
NYCB bank nice base - earnings on Thursday morning
Posted by matt on 23rd of Jul 2024 at 03:15 pm
NYCB - Chart Link- I like the base on this regional bank - but remember earnings are on Thursday.
Clearly the stock did not react well to earnings back in late January as that's when NYCB gapped down form 31 to 15. That said price is less than half what it was back in January, about 60% lower and it's been basing so maybe it won't have a bad reaction to earnings this time, we'll see...
SPX comments and QQQ
Posted by matt on 23rd of Jul 2024 at 03:12 pm
$SPX - Chart Link- tagged 9 EMA at highs logical pullback
$SPX - Chart Link- bounce went into that supply zone I showed last night, pulled back
$SPX - Chart Link- 2hr view
$SPX - Chart Link- 15 min view
QQQ - Chart Link-
what I can't tell you is wave A down was complete or if this is a wave 4. And wave 4 could be complete or that could have been wave a of B, still needing a b and c
well see the reaction on earnings
otherwise IWM small caps leading as well as Dow
Update: PACB bouncing off that trendline backtest
PACB bouncing off that trendline backtest
Posted by matt on 23rd of Jul 2024 at 10:15 am
PACB - Chart Link- getting stronger, up 5.6% already nice trade off the backtest of the broken trendline. I spotted the setup last week becaue of the nice base and the strong up candle on strong volume, the pullback to backtest that trendline was the optimal entry, or even early this morning was okay
CORN following through
Posted by matt on 23rd of Jul 2024 at 10:02 am
CORN - Chart Link- I showed a tight coil on the weekend that provided a long trigger yesterday
USO Crude oil down
Posted by matt on 23rd of Jul 2024 at 10:01 am
USO - Chart Link has pulled back into a little demand zone, we'll see how it acts there
GDX, Gold, USD
Posted by matt on 23rd of Jul 2024 at 10:00 am
GDX - Chart Link- down today, weaker than the metal
GLD - Chart Link- metal slight bounce off demand zone, however the miners are down
$USD - Chart Link- nice pop today, logical rally off that supply zone last week
FORD
Posted by matt on 23rd of Jul 2024 at 09:58 am
F - Chart Link- was a fantastic swing, hope you took some profits prior to today, so far a nice move below the 9 EMA, the 20 MA is likely the next target
otherwise there was no MACD divergence at the this, such suggests this maybe some sort of 4th wave pullback vs a major high, however the doji candle last Thursday provided a very tight stop to lock in gains using the low of that doji for a stop
for clarity the volatlity systems
Hi Matt/Steve,A question about the KISS,Vix,SPY systems.How can we reconcile ...
Posted by matt on 23rd of Jul 2024 at 09:54 am
for clarity the volatlity systems for SPY and DIA went long yesterday not short - as the volatlity instrument for those ETF's (VIX and VXD) closed back insider their upper Bollinger Bands. Short signals occur when those volatity instruments are trading below their respective Bollinger Bands and close back inside. recent signals were longs, not shorts
mean reversion systems follow up - SPY Trend/Pullback could possibly exit today if price stays up
Posted by matt on 23rd of Jul 2024 at 09:52 am
of the SPY and ES open mean reverion system trades, the SPY Trend/Pullback is currently showing an exit, so it could exit today (upper left). I'm not yet seeing it on ES and the QE momo yet.
for the volatility systems - none of these are looking to exit yet either (again these are not official systems trades that are tracked on the website yet
Ouch? the market is up.
Hi Matt/Steve,A question about the KISS,Vix,SPY systems.How can we reconcile ...
Posted by matt on 23rd of Jul 2024 at 09:49 am
Ouch? the market is up. Again the official website trades are the mean reversion systems and KISS systems - SPY and ES systems went long last Friday. I posted the QQQ volatilty system on Friday so if anyone happened to take that you did very well and can close it out now for a profit - hell even if you took the trade on Monday morning on the gap up you did very well - otherwise VIX systems are not emailed out at this time
and hopefully you played more than just the Trend/Pullback mean reversion systems - there has been very few signals this year because of the strong market trend, the KISS systems nailed most of the uptrend this year so hopefull you played some of those and some other trade ideas here
maybe I'm still confused by your question which I apologize for - feel free to send me a private message here, I can talk to you on the phone later or we can do a quick Zoom callto answer your questions if I'm not covering them here
PACB bouncing off that trendline backtest
Posted by matt on 23rd of Jul 2024 at 09:43 am
PACB - Chart Link-
Hello Eddigold - the VIX
Hi Matt/Steve,A question about the KISS,Vix,SPY systems.How can we reconcile ...
Posted by matt on 23rd of Jul 2024 at 09:17 am
Hello Eddigold - the VIX systems I discussed yesterday are the default Stockcharts one that uses Bolinger Bands of 20/2 settings. This also works well for the VVIX, however I didn't discuss the stats for the VVIX Bollinger Band system, but they are very similar to the VIX / BB stats
The volatilty systems that I have coded in Tradestation use different settings for Bollinger Bands. I discussed what the stats were with the default 20/2 settings used on Stockcharts, however the various stats I showed here and last night were ofcuston settings for SPY, and DIA, and QQQ.
The custom SPY Vix BB system triggered yesterday as did the standard default setting for Stockcharts. The DIA also triggered, and the QQQ triggered on Friday.
I posted the QQQ volatility system on Friday and discussed it on the weekend, and I posted the SPY and DIA yesterday and discussed them - that said, remember I don't email these out as system trades for the website at this time - I posted them for informational purposes. If you choose to do one or more of these that's your choice but they are not communicated in real time here for official website system trades at this time.
These also close out the trade after price closes above a short term moving average such as the 8 SMA or or 9 SMA, it varies depending on the backtested seettings. There's also a trailing stop that can kick in that wills use the previous day's lows for a stop.
anyway in case you or anyone took one or more of these trades, I'll communicate what the do, when they close out etc
otherwise in the future if I add these 12 volatility sytemes, I'll have a section on the website with stats and the exact trade rules etc.
Monday July 22nd, 2024 Newsleter and Video
Posted by matt on 22nd of Jul 2024 at 09:52 pm
Here's my newsletter and video review of the markets, our trading systems, commodities, trade ideas etc
Youtube Video Monday July 22nd, 2024 - watch in full 1080 resolution on tablet or desktop NOT your phone
PLEASE leave a like and comment, helps the Youtube Algorithm to get out stuff more visible - I appreciate the support!
Newsletter Monday July 22nd standard Webpage Format - contains all the dynamic chart links