FYI ThinkOrSwim failed to execute a market stop order this morning.    Market opened below my stop price but trade was not executed until 9:34:30am.    If you had stops execute this am you might want to check the execution time.

Covered in tonights newsletter - Chart #25 

Thanks Steve - made some decent money on LOW puts from this post.

Rocking again today - thanks Kalkgrun!

Fakeout... :(

Appreciate you putting me on to this one - thanks!

To be fair, he did have a crippling illness.....

Looks like a rising wedge on hourly chart - another data point supporting a short.

Evening Ed - The bottom of this cup is a 93% decline of the prior run up.  Bill O'Neil, who documented the cup and cup with handle patterns, says that the bottom of the cup should be 30% - 33% in a bull market but can be up to 50% in a bear market.     I think GBTC has some legs, but I don't think this is a good example of a cup pattern.

Matt- I find this confusing too.    What I care most about is that I replicate the system results posted here   https://breakpointtrades.com/current_dvts.   You have stated in the past that the system statistics are based on always stopping out at the DVT, regardless of how many DVTs there are.     I noticed that you have not updated that page to show the DVT stop out on Oct 28th.    Will you be updating the stats to reflect that stop?  If so, what price are you using as the re-entry?   If not,  are the system statistics using a consistent methodology all the way back to the start of the stats in 2006?  Thanks.

It closed inside yesterday - I think that primed the trigger.   Today's close tells you which direction.  

Looks like VIX is closing down from yesterday's close, so that's a long trigger, right?

ABT Daily coiling.