you will need a Stockcharts.com account to see the live charts
images by clicking on the URL's. If you don't have an account they
will show up as daily charts instead. The images are static -
however again you can view updated views from the URL's, placing
them here in sticky so you can quickly reference them
Matt- the declines in these stocks has been so severe that you
should look at them in semi-log format where similar percentage
changes produce more of a channel and less of a wedge.
I mean at this stage depends on your risk tolerance and time
frame. If you thought lows were would need wide stops on the 60 min
time frames. if you are using 15 min and 5 min you can use higher
low stops. this is a fast fluid market right now. You can also look
for dojis on 15, 30 and 60 min time frames and use those as tight
stops. Tight but these days all candles are 10X the size they are
in normal markets. keep positions sizes smaller so you can mentally
give your stops the room they need.
nice move off the lows but a low is not confirmed by any means
yet. the wedge patterns I show would need to take out their last
lower higher which they have not yet. and could we get another
throw down again like I showed last night still? yes
Here's all those 60 min index charts in one place
Posted by matt on 19th of Mar 2020 at 10:19 am
you will need a Stockcharts.com account to see the live charts images by clicking on the URL's. If you don't have an account they will show up as daily charts instead. The images are static - however again you can view updated views from the URL's, placing them here in sticky so you can quickly reference them
$SPX - Chart Link-
$SPX - Chart Link
SSO - Chart Link
SSO - Chart Link
UPRO - Chart Link
UPRO - Chart Link
QQQ - Chart Link
IWM - Chart Link- here's the Russell 60 min charts, the 1X ETF and the UWM 3X.
UWM - Chart Link
I like it when you
Posted by back2jo1 on 20th of Mar 2020 at 10:14 am
I like it when you put these charts together like this, Thanks,
Matt- the declines in these
Posted by lviwl on 19th of Mar 2020 at 02:04 pm
Matt- the declines in these stocks has been so severe that you should look at them in semi-log format where similar percentage changes produce more of a channel and less of a wedge.
I love your service.
lviwl - thanks for the
Posted by matt on 19th of Mar 2020 at 02:11 pm
lviwl - thanks for the feedback - I agree that's why on the index ETF's I provide 1X ETF's.
thanks for these, Matt. If
Posted by shecar on 19th of Mar 2020 at 11:37 am
thanks for these, Matt. If these play out, how do you trail up stops?
I mean at this stage
Posted by matt on 19th of Mar 2020 at 11:48 am
I mean at this stage depends on your risk tolerance and time frame. If you thought lows were would need wide stops on the 60 min time frames. if you are using 15 min and 5 min you can use higher low stops. this is a fast fluid market right now. You can also look for dojis on 15, 30 and 60 min time frames and use those as tight stops. Tight but these days all candles are 10X the size they are in normal markets. keep positions sizes smaller so you can mentally give your stops the room they need.
nice move off the lows but a low is not confirmed by any means yet. the wedge patterns I show would need to take out their last lower higher which they have not yet. and could we get another throw down again like I showed last night still? yes
much appreciated
Posted by shecar on 19th of Mar 2020 at 12:05 pm
much appreciated