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Enjoy your time away Matt...you deserve it.  We on the trading community will survive (some how)!

The bullishness is percolating for sure!  I guess everything got fixed this week.

The CNBC narrative continues to be "the consumer is strong".  Maybe they should ask the telcos, TGT, WMT, and others?  I swear they all read the same playbook and don't think outside the box!

Steve, great call last night

Updated View on Hedges

Posted by jared95 on 22nd of Jul 2022 at 01:51 pm

Steve, great call last night with the "beware the early pop up" when talking about SPX.

Too busy working the past

Posted by jared95 on 22nd of Jul 2022 at 12:57 pm

Too busy working the past few days and missed all the ES system signals.  Glad I was able to add to the shorts on the early pop to get the trade into the green.  Hopefully the system pays off again!

Cramer was calling a bottom tonight on his show too.  This bear rally is going to catch a lot of bulls flat footed whenever the rug pulls again.  And as usual "no one could have seen it coming".

Sold my MES from the

Posted by jared95 on 19th of Jul 2022 at 08:20 am

Sold my MES from the Bear Long this morning (thanks for the trade).  Probably a bit early, but I'll take the bird in hand.  Now that I'm comfortable with MES, I'll probably buy 2 contracts so I can have the opportunity to trim one and keep a runner with a stop in the future.  

Thought about cashing out of the Bear Long when I checked in this morning...bummer.  Hopefully we get some more upside to improve the trade.  Hardest part is deciding whether to act on your own, or strictly follow the system.

Could you check the XLE?

DBC KISS

Posted by jared95 on 15th of Jul 2022 at 06:53 pm

Could you check the XLE?

Thanks Matt.  These updates are

ES Bear Long update

Posted by jared95 on 15th of Jul 2022 at 04:13 pm

Thanks Matt.  These updates are appreciated.

Great reminder!  Thanks.  Still need to do the wife's amount as I did mine after Q1.

ES starting to show MACD

Posted by jared95 on 15th of Jul 2022 at 11:39 am

ES starting to show MACD divergence on 5 min

Go Bear Long!

SPX 10

Posted by jared95 on 15th of Jul 2022 at 09:30 am

Go Bear Long!

SWKS - look like another

Posted by jared95 on 14th of Jul 2022 at 08:37 pm

SWKS - look like another good semi setup https://schrts.co/wWdcciyC


That is ugly!  Peak pessimism?

Small Business Outlook

Posted by jared95 on 12th of Jul 2022 at 03:56 pm

That is ugly!  Peak pessimism?

US Dollar rally

Shocking news that no one

Posted by jared95 on 30th of Jun 2022 at 12:42 pm

Shocking news that no one saw coming...

https://www.zerohedge.com/markets/welcome-recession-atlanta-fed-slashes-q2-gdp-1

That ES short from last

Posted by jared95 on 30th of Jun 2022 at 08:42 am

That ES short from last week was not one to miss...still kicking myself for being late to check in for that!

Thanks Matt!  I'm taking the SPY trade since I closed it early.  Missed the ES short on Friday (sad face).

The bear long is an additional entry based on price action (if you already own it, you are adding to it).  Matt made a video a week or two ago explaining how the system works, but it can take additional entries.

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