Posted by pintopower on 20th of Oct 2023 at 04:48 pm
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.
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?
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.
Posted by pintopower on 4th of Oct 2023 at 07:15 am
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.
Posted by pintopower on 21st of Jul 2023 at 10:33 am
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?
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
Posted by pintopower on 28th of Sep 2022 at 04:52 pm
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?!
Posted by pintopower on 28th of Sep 2022 at 04:06 pm
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.
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
The community is delayed by three days for non registered users.
thanks. I was thinking an
QQQ - bear flag but momentum and breadth are strong. ...
Posted by pintopower on 24th of Oct 2023 at 12:10 pm
thanks. I was thinking an IHS up to the 61% fib, but your reading is helpful for bear case.
imo, the next two possible
My account has taken huge (embarrassed to say how large) ...
Posted by pintopower on 20th of Oct 2023 at 04:48 pm
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
The SPY systems trades panned out well! I usually play ...
Posted by pintopower on 6th of Oct 2023 at 06:01 pm
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
Hi Matt, I have been following your systems from way ...
Posted by pintopower on 4th of Oct 2023 at 07:15 am
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
STS stops question - Matt, do you take the STS ...
Posted by pintopower on 21st of Jul 2023 at 10:33 am
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
Hi Matt: Now that you are sharing the (live) STS ...
Posted by pintopower on 28th of Nov 2022 at 02:48 pm
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
SPY has dropped well into the gap premarket. Would be ...
Posted by pintopower on 7th of Oct 2022 at 10:00 am
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
4/25 ES Levels June Contract (ESM24)
Posted by pintopower on 28th of Sep 2022 at 04:52 pm
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
4/25 ES Levels June Contract (ESM24)
Posted by pintopower on 28th of Sep 2022 at 04:06 pm
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
Trin
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?
thanx,
pintopower
Mechanical systems
Posted by pintopower on 10th of Mar 2015 at 01:01 pm
matt -
if if the market were to close about here, would the Spy systems do the second leg of the scale-in? Or would a more substantial decline be necessary?
thanx in advance
pintopower