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Really nice charts, thanks.

thanks.  I was thinking an IHS up to the 61% fib, but your reading is helpful for bear case.

imo, the next two possible steps below would be the trend line for wave 5 of the diagonal and the next one is the gap below that occurred between May 24th and May 25th.

imo, either the VIX (which

SPX 5 min

Posted by pintopower on 13th of Oct 2023 at 03:37 pm

imo, either the VIX (which is showing fear) or the TRIN (which is not showing any fear) is lying.  Not sure which one.

Matt -  If I am reading

Posted by pintopower on 13th of Oct 2023 at 09:59 am

Matt - 

If I am reading the daily QQQ chart (STS chart - can't seem to post a link) in the newsletter correctly, the QQQ has a STS with a stop of 353.69 on the daily QQQ.  However, the STS Tables don't have QQQ as a long.  Am I misinterpreting the chart?  Is QQQ a STS long with a stop at 353.69?

congratulations! well done

Inverse Head and Shoulder on

Posted by pintopower on 6th of Oct 2023 at 02:52 pm

Inverse Head and Shoulder on hourly SPY chart?  the neckline would be 431.85 so we are almost back up to it.  If so, it could potentially require a deep retrace (e.g., 422) on SPY early next week for the right shoulder before we really take off.

Matt - I would agree with Mundy to please not tweak the systems too much.  For 2022, I usually ignored the first trade and only took subsequent trades (SPY only) on your mean reversion systems.  I think when you look at the data from 2022, subsequent trades we’re all positive.  It was the initial trades that were sometimes negative.  

The LVS STS stop is 55.6 and it dropped to 55.55 intraday and has since bounced.   Is it best to take the STS stops when they hit during the trading day or should I wait until the end of day?

STS stops question - Matt,

Posted by pintopower on 21st of Jul 2023 at 10:32 am

STS stops question - Matt, do you take the STS intraday or only end of day?

Are the KISS SPX intraday

Posted by pintopower on 30th of Jan 2023 at 10:36 am

Are the KISS SPX intraday charts updated during the day?

Matt -  When you get the

Posted by pintopower on 28th of Jan 2023 at 11:16 pm

Matt - 

When you get the chance can you explain on the intraday BPT Deluxe charts two things:  

1) what are the dots in blue and pink?  If you could explain generally what they are so that I can understand it on an intuitive level, that would be helpful.  

2) why is do those intraday charts not have the vertical lines like the daily chart?    

I understand you have a lot going on with personal matters so it doesn't have to be right away, but if you could explain it, when you get the chance, that would be great.  TIA

Is there a link to the STS table?  I don't see a link in the menu above, but maybe I am missing it.

looks like Inverse H&S on

Posted by pintopower on 13th of Oct 2022 at 04:09 pm

looks like Inverse H&S on HL intraday.  Also EXK.  the other silvers don't look as good IH&S to me.

has it now created an island top?  if so, then perhaps we are going down rather than ABC up to 390

Just testing how to post a chart from Thinkorswim.  Pink lines are ending diagonal; yellow oval would be hypothetical 5th touch and light blue lines would be the Target.  Let's see if this test works?!

It looks like to me on the hourly chart from the beginning of September  that the SPY is doing an ending diagonal down.  If my math is correct, it has four touches so far which would indicate that perhaps one more low to about 356 or so.   If it does that then target on a breakout of the ending diagonal would be approximately 381 ish.

soxs- 30 minute wedge

Posted by pintopower on 18th of May 2015 at 12:31 pm

soxs- 30 minute wedge


Posted by pintopower on 5th of May 2015 at 02:21 pm

the TRIN has actually gone down today and is less than 1.  Any thoughts on why that might be for such a big down day (big = in terms of points not volume).  thanx, pintopower

Mechanical systems

Posted by pintopower on 10th of Mar 2015 at 01:03 pm

matt - 

if if the market were to close about here,  would the spy systems trigger the 2nd scale-in?  Or would a more substantial decline be necessary?






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