The KISS daily wouldn't be long at this stage. If I shifted to
lower time frames could have some sort of entry with stop at
yesterday's lows.
but otherwise the daily KISS chart, the MA ribbons are still
bearishly stacked, price below the ATR, it's not looking for long
until price gets over the ATR and BPT MA deluxe gets back over the
ribbons. The last long it was in was back in April and
stopped out in June at 42.3 at the DVT
the trade last week was a bounce type of trade, which we've
gotten so far
XLE 60 min
Posted by matt on 8th of Oct 2020 at 09:41 am
XLE - Chart Link- if one was long a stop would be that higher low
Update: XLE 60 min
Posted by matt on 8th of Oct 2020 at 10:29 am
XLE - Chart Link- 60 min follow up
XOM - Chart Link- not surprised to see XOM trade out of the channel
Update: Update: XLE 60 min
Posted by matt on 8th of Oct 2020 at 11:50 am
XOM - Chart Link- tagged the 20 day MA where it found first resistance
Matt, what would be the
Posted by 609395 on 8th of Oct 2020 at 12:06 pm
Matt, what would be the kiss exits on XOM, XLE, and XOP if we see a decent rebound in energy and decides to play catchup. thanks
The KISS daily wouldn't be
Posted by matt on 8th of Oct 2020 at 12:31 pm
The KISS daily wouldn't be long at this stage. If I shifted to lower time frames could have some sort of entry with stop at yesterday's lows.
but otherwise the daily KISS chart, the MA ribbons are still bearishly stacked, price below the ATR, it's not looking for long until price gets over the ATR and BPT MA deluxe gets back over the ribbons. The last long it was in was back in April and stopped out in June at 42.3 at the DVT
the trade last week was a bounce type of trade, which we've gotten so far
thanks for the update, I
Posted by 609395 on 8th of Oct 2020 at 12:36 pm
thanks for the update, I appreciate it.
Nice Matt, I bought the
Posted by fundamentalvalues on 8th of Oct 2020 at 10:44 am
Nice Matt, I bought the breakdown into support at the Fib using ERX, the 2x etf for XLE. I continue to hold it long
yep I've been long some
Posted by matt on 8th of Oct 2020 at 10:48 am
yep I've been long some ERX myself and I bought XOM last week via a 60 min trigger, nice move so far.
Update: XLE 60 min
Posted by matt on 8th of Oct 2020 at 09:42 am
SLP - Chart Link- man that was a nice low risk buy at support I pointed out on Monday