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Matt - If you could

Posted by mitchell on 27th of Jul 2022 at 04:27 pm

Matt - If you could share the TICK chart for levels above. Beyond today I have one at 4070, then no major one for a while? Thx

Thanks for the clarification.  

Matt - What does it mean when KISS system indicates a Weekly Buy but no Daily Buy? I would expect a Daily to always precede a Weekly sign.

In this ex, is the preferred sell trigger then based on a higher low from the 10 min chart or another setup? 

Should we view these system shorts as an indication of a potential larger move down vs previous pullbacks in this correction when it didn’t trigger?

GDX also forming nice 5min rising wedge. Just sold some for now.

Matt / Steve - Could you comment if there are valid falling wedges forming on Daily/Weekly Index charts? If so, would like to hear your thoughts. Thanks.

VIX coiling 15min. looking to

Posted by mitchell on 17th of Feb 2022 at 10:51 am

VIX coiling 15min. looking to break up to fill open gap.

$VVIX  basing on 5 min

Posted by mitchell on 16th of Feb 2022 at 12:24 pm

$VVIX  basing on 5 min w/in small falling wedge. 

INDU only index to confirm above 50%.

Please keep offering these trader tips. Reminds me of forgotten items or just new tips to improve. Thanks again. 

Steve / Matt - What

SPX 5 min

Posted by mitchell on 28th of Jan 2022 at 10:50 am

Steve / Matt - What do you make of the daily SPX/VIX becoming uncorrelated recently?  It will be a binary outcome.

unfilled partial open gap from

SPX 5 min

Posted by mitchell on 27th of Jan 2022 at 11:58 am

unfilled partial open gap from this morning

15 min Vix Wedge played out and about at symmetry. 

VIX also forming falling wedge on 15 min chart...

On a positive, Nasd Comp

my comments from Nov and Dec

Posted by mitchell on 24th of Jan 2022 at 02:57 pm

On a positive, Nasd Comp matching the covid crash weekly symmetry today, which could indicate its pullback is finishing (or until its violated). 

Added to one of Matt's charts (~3k drops):  https://schrts.co/cEtTvqqc 

One can make a bull

Posted by mitchell on 23rd of Jan 2022 at 12:32 pm

One can make a bull or bear case using any # of indicators - intense pullbacks prone to falses. Zooming out, one positive is monthly at 50% RSI5 w/ other indicators still embedded bull mkt, which should produce bounce to create larger divergence. If not, then likely larger pullback to come. 

$SPX - Chart Link 

New lows rivaling those during worst of 2008; hard to make sense of these extreme internals after just coming off highs: $COMPQ - Chart Link

At first glance seems some of these also occurred during lows. Not sure if I can make a conclusion.

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