$SPX - Chart Link - updated view, nice
trade! On the initial break of the triangle, or ....on the pullback
that resulted in the MA ribbon pinch/squeeze
typically this is how I trade those 5 min setups - I use my BPT
MA stuff to trail the stops up. also notice on that 3 min chart
when the resistance cycle was broken it became support. You
can see when the BPT MA goes red to green I just move the stops up
progressively, have been long since that MA pinch on the 1 pm time
frame
but without all that the 5 min UPRO or SPX standard
Stockcharts.comprovided you a NICE
trade today long from mid day
Hi Steve and Mattt, do any of the smart options people in
this community know how to calculate the expected move in earnings
for AApl coming up this thursday. I need help with my
positons. Anyone who can help me who owns aapl , please let
me know how to contact you reg handling this one . Thanks in
advance.
The easiest and best way to calculate is take the call and put
option value in weeklies closest to current price (delta of 50) in
earning week and add them will give you expected move. It looks
like AAPL has it around $14.
thanks very much vsunil, i will look to see what i can do with
it. I appreciate your input as i thought tos has an expected move
calculator or IVR with their site but not sure how to get it.
Do you own the stock, as i hear people very bearish on it in
longer term and also expect just mild upside and then sell off.
If Matt/Steve can put in the FAMG stocks to study for this
coming week, that would be great...Its what's holding up the market
so far and we won't see much sell off if they continue to be big
leaders and no rotation out to other sectors
SPX 5 min
Posted by matt on 23rd of Apr 2020 at 12:07 pm
$SPX - Chart Link - had a MA ribbon pinch on that ABC pullback
Update: SPX 5 min
Posted by matt on 24th of Apr 2020 at 12:01 pm
GBTC - Chart Link - bounced right off that support zone I mentioned to watch, was a second low risk buy area
Update: Update: SPX 5 min
Posted by matt on 24th of Apr 2020 at 12:48 pm
$SPX - Chart Link - updated view busted out for a long
Update: Update: Update: SPX 5 min
Posted by matt on 24th of Apr 2020 at 01:57 pm
$SPX - Chart Link - updated view, nice trade! On the initial break of the triangle, or ....on the pullback that resulted in the MA ribbon pinch/squeeze
Update: Update: Update: Update: SPX 5 min
Posted by matt on 24th of Apr 2020 at 03:15 pm
$SPX - Chart Link - updated move now day trade long, I've scaled out of some but I also move my stop up progressively
UPRO - Chart Link - nice trade - if you took UPRO on the MA pinch following the break out of the pattern you got a buck, with 1000 shares that's nice
typically this is how I
Posted by matt on 24th of Apr 2020 at 03:42 pm
typically this is how I trade those 5 min setups - I use my BPT MA stuff to trail the stops up. also notice on that 3 min chart when the resistance cycle was broken it became support. You can see when the BPT MA goes red to green I just move the stops up progressively, have been long since that MA pinch on the 1 pm time frame
but without all that the 5 min UPRO or SPX standard Stockcharts.comprovided you a NICE trade today long from mid day
Hi Steve and Mattt, do
Posted by imelhoe on 25th of Apr 2020 at 02:08 pm
Hi Steve and Mattt, do any of the smart options people in this community know how to calculate the expected move in earnings for AApl coming up this thursday. I need help with my positons. Anyone who can help me who owns aapl , please let me know how to contact you reg handling this one . Thanks in advance.
The easiest and best way
Posted by vsunil on 25th of Apr 2020 at 02:14 pm
The easiest and best way to calculate is take the call and put option value in weeklies closest to current price (delta of 50) in earning week and add them will give you expected move. It looks like AAPL has it around $14.
thanks very much vsunil, i
Posted by imelhoe on 25th of Apr 2020 at 03:45 pm
thanks very much vsunil, i will look to see what i can do with it. I appreciate your input as i thought tos has an expected move calculator or IVR with their site but not sure how to get it.
Do you own the stock, as i hear people very bearish on it in longer term and also expect just mild upside and then sell off.
If Matt/Steve can put in the FAMG stocks to study for this coming week, that would be great...Its what's holding up the market so far and we won't see much sell off if they continue to be big leaders and no rotation out to other sectors
Useful prompt. Entered long June
Posted by sham22 on 24th of Apr 2020 at 02:54 pm
Useful prompt. Entered long June ES at 2791 with a 2778 stop.......just exited at 2819. Not used to having such a wide stop.
Update: SPX 5 min
Posted by matt on 23rd of Apr 2020 at 01:08 pm
$SPX - Chart Link - best to let things settle down a bit, plus that crazy move froze my system. the low bounced off the primary pivot for now
Update: Update: SPX 5 min
Posted by matt on 23rd of Apr 2020 at 01:12 pm
$SPX - Chart Link - again the bullish cash there was the news reaction was c of an abc pullback
SPX bounced back to VWAP
Posted by steve on 23rd of Apr 2020 at 01:20 pm
SPX bounced back to VWAP and reversed (short term good guide)
People getting sucked into the
Posted by ssaffer on 23rd of Apr 2020 at 01:24 pm
People getting sucked into the wave now. Watch out for the undertow they used to say to me as a kid when at the Ocean beach.
That H & S set
Posted by under80 on 23rd of Apr 2020 at 01:14 pm
That H & S set up on the SPX 30min chart looks promising now