Posted by vinylchild on 8th of Apr 2020 at 10:46 am
I don't really look for diamond patterns because they don't
really help me make decisions as well as other set ups. I'm
predicting OPEC will be a flop and ppl will sell the news into the
weekend. Can't see why there would be an optimistic break
that lasts very long especially with all the negative news out
there. I'm still short holding only bearish ETF's for now.
I have been wrong this week on a move though so my hot streak
is over. It was great while it lasted.
SPX 5 min
Posted by matt on 8th of Apr 2020 at 09:47 am
$SPX - Chart Link
Update: SPX 5 min
Posted by matt on 8th of Apr 2020 at 11:15 am
$SPX - Chart Link - nice move after breaking the trendline I posted this morning
in this market the volatility allows you to do these 5 min trades and just focus
Update: Update: SPX 5 min
Posted by matt on 8th of Apr 2020 at 01:56 pm
$SPX - Chart Link - price pulled back to the 50 SMA and nearing the Vwap on 5 min
Update: Update: Update: SPX 5 min
Posted by matt on 8th of Apr 2020 at 02:03 pm
$SPX - Chart Link- the point of my last 5 min SPX post is because if the market is going to rally up again this is the place to do it
Update: Update: Update: Update: SPX 5 min
Posted by matt on 8th of Apr 2020 at 02:23 pm
$SPX - Chart Link - that was a nice low risk buy area
Matt: Very nice views
Posted by nichi on 8th of Apr 2020 at 02:26 pm
Matt: Very nice views
listen man - in this
Posted by matt on 8th of Apr 2020 at 02:29 pm
listen man - in this market where the VIX is still in the 40's, you can get plenty of moves on just a 5 min SPX chart honestly
Some negative divergence on the
Posted by steve on 8th of Apr 2020 at 12:55 pm
Some negative divergence on the SPX 5 on that last push - trail up stops
Steve: wonderful views
Posted by nichi on 8th of Apr 2020 at 01:30 pm
Steve: wonderful views
Appears the diamond on the
Posted by timsufo on 8th of Apr 2020 at 10:42 am
Appears the diamond on the SPY 5 min chart is about done. Looking for breakout direction.
I don't really look for
Posted by vinylchild on 8th of Apr 2020 at 10:46 am
I don't really look for diamond patterns because they don't really help me make decisions as well as other set ups. I'm predicting OPEC will be a flop and ppl will sell the news into the weekend. Can't see why there would be an optimistic break that lasts very long especially with all the negative news out there. I'm still short holding only bearish ETF's for now. I have been wrong this week on a move though so my hot streak is over. It was great while it lasted.
Hello Matt: Could you please
Posted by lewiscook on 8th of Apr 2020 at 09:59 am
Hello Matt: Could you please show an update of the BPSPX? It was not in last night's video. Thank you, Lew