3309 Drysdale Ct
Edwardsville, IL 62025
OKTA - Chart Link - back to it's upper
SHOP bounced off its 200 day MA last week
SHOP - Potential upside break of triangle ? or reversal at
SVM - Chart Link - was near a breakout
PAAS - Chart Link - over that resistance
GOLD - Chart Link bounced off the wedge
trendline yesterday and up today still inside the pattern
notice on KL I drew an uptrend line on the KL/GLD ratio, it's
been leading up for a while.
KL is also an IBD 50 stock, it's one of the better pm stocks
fundamentally, as well as chart wise
KL - Chart Link
this is basically my perfect setup I look for. we had a hard
bounce off the morning lows on the open on ES, then followed by a
pullback that caused my moving average ribbons to pinch nicely on
the 2 min chart. Other indicators like MACD recycled back close to
zero and the BR Squeeze also pinched, and you also had a cycle buy
(cyan dots on the 1 min smaller time frame).
Your trigger candle is the doji on the 2 or 1 min chart, entry
is 1 tick over that doji with stop 1 tick below the doji
this is showing an example on a 2 and 1 min ES, but obviously
that works on any time frame, 5 min, 15, 60 min whatever, I just
like using that small time frame for day trades.
NDAQ - Chart Link
yeah that BYND might finally be getting near a bounce point, div
on the daily and 60 min now
Gold/Silver moved higher overnight but have given back some
gains over the past hour. Remain nimble
USA CPI (MoM) for Oct 0.4% vs 0.3% consensus estimate. The prior
reading was 0.1%.
USA Core CPI (MoM) for Oct 0.2% vs 0.2% consensus estimate. The
prior reading was 0.1%.
The S&P 500 hasn't touched its 10-day moving average in 23
sessions, the longest such streak since February-March 1998.
Beyond Meat (BYND) - looks like nice hammer today. Bullish
yep SAND was mentioned in the p.m. post below
SAND - Chart Link - bouncing off 20 day
comments on individual pm stocks
PAAS - Chart Link -silver stock, clean
SVM - Chart Link - silver stock, been very
strong, recent highs above
SAND - Chart Link - maybe lower risk on
this pullback reversal near the 20 MA
KL - Chart Link - KL still in the coil
GOLD - Chart Link - still in the wedge
pattern, bounced off the lower trendline
RGLD - Chart Link - discussed a week ago,
nice correction from the Sept highs, neared the 200 MA where it
DGLD (3X INVERSE TO GOLD) MOVING LOWER
GDX - Chart Link - bounced off that
support area I pointed out the last couple of days
GDX - Chart Link
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