again thank you everyone for the birthday wishes!

as expected price gapped down to that confluence zone of past TICK spikes - we'll see if that holds or not, yesterday price couldn't get above that one

Happy Birthday, Matt! Have a

Posted by kattap on 24th of May 2022 at 09:23 am

Happy Birthday, Matt! Have a Great Day and Year Ahead! Thank you for all the hard work you do for us!

Happy Birthday, Matt! Have a

Posted by kattap on 24th of May 2022 at 09:23 am

Happy Birthday, Matt! Have a Great Day and Year Ahead! Thank you for all the hard work you do for us!

thank you very much! and everyone else for the well wishes!

Happy birthday Matt! Thanks for

Posted by simple_million on 24th of May 2022 at 09:21 am

Happy birthday Matt! Thanks for being there through the worst market conditions and for the knowledge you share with us every day .

Here's the TICK pivots I posted yesterday - yesterday price stalled basically at that 3974 TICK pivot from May 13th where the NYSE tick had spiked over 1400. The thicker the lines the higher the TICK spike was - that level acted like a brick wall yesterday

this morning on the pullback there is plenty of large TICK spikes that could act as support, notice all the big lines around 3937 to 3932, and one last big one at 3891

Refiners

Posted by steve on 24th of May 2022 at 09:11 am

Crack spreads for Oil continue to weaken,  now low-$40's/bl down from $57/bl about 10 days ago.

here's the Bitcoin chart -

ES futures

Posted by matt on 24th of May 2022 at 09:00 am

here's the Bitcoin chart - still mostly stable in that channel

https://www.tradingview.com/chart/eAeTd6zj/ 

here's the updated view of

ES futures

Posted by matt on 24th of May 2022 at 08:59 am

here's the updated view of that ES chart I posted last night. I didn't adjust any of the trendlines - ES fell through that support fell about 20 points, then bounced again near that open gap and is currently sitting almost around where I posted it last night, and here's the Live URL

https://www.tradingview.com/chart/eAeTd6zj/

Meta Platforms price target lowered

Posted by steve on 24th of May 2022 at 08:45 am

Meta Platforms price target lowered to $310 from $330 at Jefferies Jefferies analyst Brent Thill lowered the firm's price target on Meta Platforms (FB) to $310 from $330 and keeps a Buy rating on the shares, arguing that Snap's (SNAP) pre-announcement that Q2 revenue growth will likely come in below its initial 20%-25% guidance is "indicative of a rapidly deteriorating macro environment that will likely impact the whole ad industry." He is lowering his FY22 and FY23 revenue estimates for a number of other digital advertising companies by an average of 3% and 6%

Happy Birthday Matt!!!

Posted by mkherbst on 24th of May 2022 at 08:44 am

Happy Birthday Matt!!!

Happy 50th Birthday Matt.

Posted by coolhat on 24th of May 2022 at 08:18 am

Happy 50th Birthday Matt.

I'm 50 next year - something I never saw coming in my wildest dreams - expecting fire and brimstone and the earth to swallow me whole...

Happy 50th Matt; Enjoy the

Posted by cozz101 on 24th of May 2022 at 08:16 am

Happy 50th Matt; Enjoy the Day!!   

Best wishes on your 50th

Posted by craigm on 24th of May 2022 at 08:15 am

Best wishes on your 50th birthday Matt!

Yes, Happy Birthday

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