You may have covered this

    401K stuff

    Posted by cozz101 on 11th of Jun 2020 at 10:41 am

    You may have covered this but I can't see how the daily DVT stop of 3033 on SPX came about. I don't see a short term low there or a red to green on the shorter term MA Deluxe. 

    Matt, can you elaborate on

    Posted by cozz101 on 11th of Jun 2020 at 11:13 am

    Matt, can you elaborate on how the DVT stop of 3033 on SPX was set?

    Check Matt's post on June

    Posted by mrjasongill on 11th of Jun 2020 at 11:35 am

    Check Matt's post on June 4th....

    I see it; thank you!

    Posted by cozz101 on 11th of Jun 2020 at 11:47 am

    I see it; thank you!

    on the daily - the

    Posted by matt on 11th of Jun 2020 at 12:05 pm

    on the daily - the fast BPT MA is red - that's important because if on the next rally that goes green, that price low will be very important. also notice on the daily the RSI is coming down fast, nearing that 50% area again.

    on the 120 min 2hr view, the 50% on the 60 Stochastic is important for major uptrends and downtrends

    the main DVT's are generated when the fast BPT MA Deluxe goes from red to green.  The question this morning was how could there be DVT's since the BPT MA hasn't been red since early May - I have it adjusted up via a % if there has been a large price movement since the last BPT MA color change.  In my opinion those arbitrary moved up DVT prices without the DVT I think should be a range or given wiggle room.  That 3030 one could be hit pretty easy and the 200 day MA is just below that, so one could make a determination of their own if they wished to be out earlier or give it to the next one lower to give more room. As I've been saying it's fine to get stopped out - all good traders get stopped out all the time, it's part of successful risk management. But you also want some sort of trigger to get back in. That's why I show the 120 min view and the 60 Stochastic 50% area, talk about abc type pullbacks etc.  That 50% area on the 60 Stochastic is an inflection area on the 120 min area - I'd be watching to see if price finds support there. Anyway just some quick comments  - and remember those charts are guides at this point not full systems. If the daily hits that 3030 area but the 120 min is right near the 50% area on 60 Stochastic I'd watch that to see if it bounces there. And again since both the fast BPT MA Deluxe indicators are now red - if a bounce causes them to go green that will be important. 

    Also Symmetry: 190 points is what is important for the uptrend from Mar 23rd low - currently price is 142 points downoff the highs

    otherwise markets doing their typical thing: If you are not long, they can emotional grind higher for days and weeks, months to get you emotional - then when they do finally correct the imbalances does so very quickly. 

    As Steve likes to say stair step up elevator down 

    Hi Matt, what is the

    Posted by erikvik on 11th of Jun 2020 at 12:16 pm

    Hi Matt, what is the entry signal on the BPT MA systems?

    I've discussed it quite a

    Posted by matt on 11th of Jun 2020 at 11:16 am

    I've discussed it quite a few times in weekend newsletters, don't have time to go into it intra day, watching stuff

    Thanks Matt!

    Posted by pmahoney on 11th of Jun 2020 at 11:20 am

    Thanks Matt!

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