yes on NG - remember my comments from other day, whenever you
have a potential bear flag, the longer it goes without breaking
down, the weaker it becomes and less chance of being a bear flag,
starts to morph into a base support pattern
on CCJ yesterday I showed this cycles chart, a buy cycle showed
up - nice rally from that, see the second chart, shows the
updated cycles view, on the 5 min had a resistance cycle and demark
9 so logical little pullback there
here's the updated chart - again was a nice bounce trade
off those wide ribbons and dojis and cycles. you had Demark 9 and
13, and on that last high a demark 9 near Steve's resistance
zone
that said, the MA ribbon still may need to be worked off more on
that 15 min a bit more, but the bounce trade was nice on futures -
about 20 points from the doji trigger, not bad, now pulling
back
CCJ - Chart Link one of you guys posted
this as a long idea yesterday off that 200 MA rebound, I went long
with ya, nice follow through. Was good risk reward because the stop
could be very tight
go pretty stretched there on 15 and 5 min charts, you can see
how wide those ribbons got and the doji candles for triggers, then
was a demark 9 and cycle support. We'll see how the rest of the day
goes
not on SPX, it had a small wick below it but recovered for now,
definitely below on the QQQ 78 min. What will be important is for
price to stay below, and being Quad Witch could be
volatile
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DBA huge month, Copper big breakout
Posted by matt on 15th of Mar 2024 at 07:49 pm
DBA - Chart Link- remember I put this out in January as a weekly cup and handle swing trade long, VERY NICE. Doesn't look too hot for inflation though
DBA - Chart Link- daily
$COPPER - Chart Link- big breakout from that coil
yes on NG - remember
pm stocks
Posted by matt on 15th of Mar 2024 at 07:45 pm
yes on NG - remember my comments from other day, whenever you have a potential bear flag, the longer it goes without breaking down, the weaker it becomes and less chance of being a bear flag, starts to morph into a base support pattern
awesome man!
Sold my biggest gainer ever today - DRCT. Bought first ...
Posted by matt on 15th of Mar 2024 at 07:43 pm
awesome man!
can you post a chart
BTC 10m - Inverse H&S look. Even a run from ...
Posted by matt on 15th of Mar 2024 at 02:40 pm
can you post a chart so I can see what you are looking at?
on CCJ yesterday I showed
CCJ nice follow through
Posted by matt on 15th of Mar 2024 at 11:05 am
on CCJ yesterday I showed this cycles chart, a buy cycle showed up - nice rally from that, see the second chart, shows the updated cycles view, on the 5 min had a resistance cycle and demark 9 so logical little pullback there
here's the updated chart -
ES futures
Posted by matt on 15th of Mar 2024 at 11:01 am
here's the updated chart - again was a nice bounce trade off those wide ribbons and dojis and cycles. you had Demark 9 and 13, and on that last high a demark 9 near Steve's resistance zone
that said, the MA ribbon still may need to be worked off more on that 15 min a bit more, but the bounce trade was nice on futures - about 20 points from the doji trigger, not bad, now pulling back
nice bounce on ES futures
ES futures
Posted by matt on 15th of Mar 2024 at 10:50 am
nice bounce on ES futures and SPX.
remember I said be careful thinking price is just going to easily trend down on a Quad Witch day
plus as I pointed out below the MA ribbon was super wide on the 15 and 5 min charts of ES, looked poised for a bounce
Update: CCJ nice follow through
CCJ nice follow through
Posted by matt on 15th of Mar 2024 at 10:41 am
CCJ - Chart Link nice! continues to push
CCJ nice follow through
Posted by matt on 15th of Mar 2024 at 10:27 am
CCJ - Chart Link one of you guys posted this as a long idea yesterday off that 200 MA rebound, I went long with ya, nice follow through. Was good risk reward because the stop could be very tight
ES futures
Posted by matt on 15th of Mar 2024 at 10:23 am
go pretty stretched there on 15 and 5 min charts, you can see how wide those ribbons got and the doji candles for triggers, then was a demark 9 and cycle support. We'll see how the rest of the day goes
https://www.tradingview.com/chart/epRziFih/
I posted updated views on
Matt SPXU Update Chart Update
Posted by matt on 15th of Mar 2024 at 10:07 am
I posted updated views on those inverse ETF's below
XLV follow up
Posted by matt on 15th of Mar 2024 at 10:02 am
XLV - Chart Link- following through on the channel break
updated views on inverse ETFs
Posted by matt on 15th of Mar 2024 at 10:01 am
SQQQ - Chart Link- testing downtrend line
SPXU - Chart Link- slightly above it
SPXU - Chart Link- slightly above it, below the pivot
FNGD - Chart Link- still in the base but has looked good for a while
UVIX - Chart Link- up but still inside the wedge-like base pattern, Quad Witch today
Energy stocks
Posted by matt on 15th of Mar 2024 at 09:47 am
XLE - Chart Link- testing the fall highs
OIH - Chart Link-
VLO - Chart Link-
XOM - Chart Link-
$BPENER - Chart Link- jumped up yesterday now up to 78%
QQQ 60 min diamond
Posted by matt on 15th of Mar 2024 at 09:44 am
QQQ - Chart Link- broke
not on SPX, it had
SPX - 78 min below ATR QQQ - 78 min ...
Posted by matt on 15th of Mar 2024 at 09:42 am
not on SPX, it had a small wick below it but recovered for now, definitely below on the QQQ 78 min. What will be important is for price to stay below, and being Quad Witch could be volatile
regarding the comments on XBI
I am paying attention to XBI here. Curious what you ...
Posted by matt on 14th of Mar 2024 at 04:56 pm
regarding the comments on XBI earlier today, looks like KISS closed out with a 29.7% gain
https://breakpointtrades.com/sts_table/?search=xbi
and SOXL closed out with a 22% gain
https://breakpointtrades.com/sts_table/?search=soxl
testing a post will be
BLNK on the move --earnings. so far at least
Posted by matt on 14th of Mar 2024 at 04:25 pm
testing a post will be deleting
yep, at least I got
BLNK on the move --earnings. so far at least
Posted by matt on 14th of Mar 2024 at 04:16 pm
yep, at least I got out in the 'blink of an eye' LOL and made money on that initial pop
boy and lucky again that
BLNK on the move --earnings. so far at least
Posted by matt on 14th of Mar 2024 at 04:08 pm
boy and lucky again that I sold, it's already lost almost all of those gains LOL, crazy