Once again, the above video link provides an overview
referencing current stock market conditions relative to similar
past readings. This would be most relevant for position
investors (such as retirement accounts) to monitor on a weekly
basis.
This is NOT a
forecast just data points at this time. Continue to keep an
open mind and respect the message of the market.
Markets are fluid and subject to change as we all know - key is
to establish a methodology that fits with your beliefs. You
can also incorporate a hybrid approach with your portfolio by
position investing certain funds for longer term (accepting
volatility until EVIDENCE changes) and dedicating other funds to
short term trading. Those are decisions for each individual.
If you have yet to formalize an investing/trading approach
please take some time to formalize a template - you can always
adjust but it's best to have something in place. From there,
you should formulate a PLAN that entails your objectives.
Once a plan is in place, then you can refine down to which
specific securities you want to invest and/or trade. This is
a TOP DOWN approach that should be enacted PRIOR to looking for
trades. Just like a Football team(or any sports team) - the
General manager has a vision/approach on how he/she wants to build
a team. Then he/she hires a coach to devise a scheme around those
players to maximize their talents. Next, the coach puts
into place a weekly game plan (making necessary adjustments) before
finally selecting specific plays.
How does BPT come into this picture? Think of BPT like a
consultant/assistant coach who helps to make your job easier
along the way. We provide daily analysis of several markets
which helps to provide some guidance as to how we see things.
We also spend a considerable amount of time providing tips
and educational examples to help execute you plan. Think of
the DVT approach for swing trades and the nightly discussion of
charts involving patterns and candlesticks, etc. We
also scan for and offer trade suggestions (ideas) that we believe
are valid setups and we take time to review the triggered setups in
the following days. Partake in only the ideas that fit into
your plan and simply ignore ones that don't. Finally, we
spend time posting relevant comments and numerous charts every day
in the trading community relating to what transpiring during that
trading session and updating trade ideas.
as I mentioned last week I was going to put the Zoom meeting
back up on my other PC so you can view some of these charts live.
I put a variety of charts on here from the daily SPX KISS,
120 min, 1/2 day, and all the way down to 3 min. I also
placed the TICK Extreme 1 min SPX chart on there so you can see
where those come in. Note, in order to get all these charts on here
I am using a 4K monitor. It will look small for most of you at the
full 4K native resolution. However you can choose to 'zoom' in to
see the charts larger. Also I'm not on the Zoom talking, I
just have it up so you can view some charts. Also please make
sure to mute your mics
Zoom is back up. I'm still never sure what causes it to shut
down, I know that it only stays up for so long, but usually I shut
it down and restart it about 10 or 11 pm and many times it will
stay open until 10 or 11 am the next morning, then other times it
shuts down early maybe 3 or 4 am. Whatever, should probably just
shut it off before bed and not bother having it up all night then
simply turn it on in the morning again
There is a sticky post above here in the Trading Community -
take you mouse and click on the Title line which will open the post
where you will find link to Zoom.
regarding the KISS stuff, as you know I made that sector
workspace with all the major sectors on it. I'm probably going to
do the same for some other lists of stocks like maybe one with 20
of the major gold/silver stocks on it. I'd also like to make one
for the IBD 20 stocks (the IBD 50 is too many for one workspace),
and maybe one for Motley Fool charts
that said - does anyone here have an IBD subscription? If so can
you send me their IBD 20 stock list? bptrades@gmail.com
thanks
Please keeping posting these, they are very helpful. I just
bought a little XLE for a trade noticing how close price was to the
DVT and with the cycle buy. Put my stop in right away so not
risking much.
Same with SMH because it looks like this has a nice pattern; AMD
and AMAT kind of looking the same but I personally like to use
etf's to mediate risk a little.
XLV looks like it's breaking out today too; hope it's for
real :)
I have seen this issue before. The thread gets updated and at
least some of us lose the original ZOOM room link. I can't see it
anymore either. I had the link saved and when I try to use the
saved link it now prompts for a password so I imagine the link has
actually changed.
I've been in the IT business for 40 years so I'm pretty good
with a computer. There is no visible link to the Zoom call in this
thread (at least for me). When I click on the SAVED link I had for
it in my own computer's browser (Microsoft Edge) which has been
working I get this. I'm unable to enter the room without a
password. Is my link wrong? If so then please post the updated
link. If my link is correct then why am I being prompted for a
password? I've not had any issue getting into Zoom when I was given
a good link. Thank you, Matt.
Mystery solved. When I view the full thread the very top comment
from Matt with the Zoom link is HIDDEN! I have to click on
the title of the thread (red arrow) to expose both Matt's comments
AND the link to the Zoom meeting. Don't know why the entire thread
is expanded for me EXCEPT the first post but at least I know what's
going on now. Sorry for any confusion. Hope this helps others who
experienced the same issue.
FYI I'll be taking the Zoom computer offline shortly. I need to
do some work on it and other things with the charts there. It
will not be available for the rest of the day, but will back up
next week
The the Zoom charts we are looking to add audio voice for
various indicators whenever they generate a change such as when you
get a new cycle support or resistance, maybe the 9 Sequential, but
also could add whenever a new DVT is generates or if is an abc buy
from the KISS. Here's some examples of how that could sound. I
probably wouldn't put it on every chart, maybe 1/2 day, 120 min,
60, 30, 15 min. Probably not needed on daily for obvious reasons.
We'll see I'll probably test it next week
so regarding the Zoom - I added real audio voice alerts for the
cycles so whenever there's a new cycle support or resistance you
will hear something like "New cycle support generated on the 15 min
ES chart". I will be adding the voice alert for the DVT
prices as well so whenever there's a new DVT price on say the 120
min charts or daily, a voice will say "New DVT price generated on
the 120 min QQQ chart at 305". I may also add voice alerts
for the A's that pop up, amateur traders, or the 9 sequential
Denmark, but not sure if that would be too much or not. Not like
they pop up that much however. Will probably add those extra
voice alerts either late this week or on weekend
What a great idea!!! Easy access and less
stress for Matt and subscribers ..Still wish we
had XLE charts and GDX charts like we do on the SPY. maybe
one day ??
The Zoom is back up - remember it can only stay open so long
before the auto shutoff. should be good rest of the day. I
added that Demark indicator so you'll see a 9 on the charts now
during a 9 sequential Demark type of move. Here's a article on
Demark, again it's widely followed by a lot of traders
Also regarding the Zoom charts, I added a Demark type of
designation and now when there's a 9 sequential Demark type of
sequence, the chart is marked with a 9, both on uptrends and
downtrends
new DVT on the the 120 min SPX not surprisingly, you can see it
on the Zoom charts
otherwise short term intra day the market got very overbought,
in fact my new derivative indicator gave a nice short to me on a 5
min chart for a nice short on ES futures
you can see that indicator there on the 10 min you can see the
MA ribbons got stupid wide and the indicator flipped there with the
magenta line indicating a reversal was coming, I had triggered on a
2 min chart though. anyway I'm in the process of adding that
indicator to the Zoom charts, however I still want to figure out a
different formatting to make it pop more
Also here's a setup to burn into your mind, we discussed it last
week, that 4 color change on the BPT MA. It's especially powerful
when it occurs and price is still above the ATR.
last night I saw this pattern and went long ES futures at 3622,
currently 3639, when I saw the setup. was really obvious on
the 195 min and 120 min time frames. The 120 min time frame has
that cycle right there and price was close to the ATR.
I may start to save some of these examples for future
reference
Hello all hope your Thanksgiving is going well. Anyway I'll go
ahead and put the Zoom back up on ES futures, they will start
trading at 6 pm EST. They closed down about 9 points in after
hrs yesterday from the Wed close
awesome! happy to share. A few bugs to figure out, once in
a while Zoom just stops working etc, I think there's a time limit
where I need to close the meeting and restart it. At night I'll put
ES futures for the middle cycle charts.
anyway glad it helps and you can see the DVT's and cycles show
up in real time.
note - for the Zoom I changed the cycle charts in the middle
from SPX cash to ES futures to reflect after hrs. I'll leave
the Zoom up, I have to run to an appointment
The zoom is back up, it had lost connection earlier.
Here's an image of all those charts. note on the daily one of
the BPT MA Deluxe indicators trying to go green. On the 120 min
price stalling some at the underside of the ATR. The TICK extremes
chart is on the upper right and plots horizontal lines when the
TICK spikes over 1000, this goes back 5 months, therefore lines can
be from months ago unless you are at new highs.
image from the Zoom - note on the Tick extreme chart on the
upper right. once we took out that line at 3605, that enabled the
market to push again to the next tick extreme. This current one
goes back to Nov 16th
One thing to point out is short term some of these ribbons are
VERY wide, 5 min etc, price may need to consolidate soon intra
day
otherwise hope you guys like having the real time views through
that Zoom
here's that TICK extreme chart, every time you break one of
those levels you tend to get a nice move. This morning right away
price broke above that TiCK extreme from 3605, that alloed a move
up to the next one at 3612, and once that was broken we had free
air until the 3641 above - which goes back no Nov 6th
Posted by timebandit on 14th of Jan 2021 at 04:04 pm
CBIO was a BPT pick a month or so ago. Broke out a month
ago and pulled back. I got in on the buy signal (long white candle)
after the downtrend break. Looks like it may have some momentum.
Sorry meant to post this before the close. Got distracted and oh
well...
The community is delayed by three days for non registered users.
Top Down Approach Discussion and how to View BPT - Click on Title
Posted by steve on 13th of Jun 2020 at 01:48 pm
Ciovacco Historical Perspective Charts
Once again, the above video link provides an overview referencing current stock market conditions relative to similar past readings. This would be most relevant for position investors (such as retirement accounts) to monitor on a weekly basis. This is NOT a forecast just data points at this time. Continue to keep an open mind and respect the message of the market.
Markets are fluid and subject to change as we all know - key is to establish a methodology that fits with your beliefs. You can also incorporate a hybrid approach with your portfolio by position investing certain funds for longer term (accepting volatility until EVIDENCE changes) and dedicating other funds to short term trading. Those are decisions for each individual. If you have yet to formalize an investing/trading approach please take some time to formalize a template - you can always adjust but it's best to have something in place. From there, you should formulate a PLAN that entails your objectives. Once a plan is in place, then you can refine down to which specific securities you want to invest and/or trade. This is a TOP DOWN approach that should be enacted PRIOR to looking for trades. Just like a Football team(or any sports team) - the General manager has a vision/approach on how he/she wants to build a team. Then he/she hires a coach to devise a scheme around those players to maximize their talents. Next, the coach puts into place a weekly game plan (making necessary adjustments) before finally selecting specific plays.
How does BPT come into this picture? Think of BPT like a consultant/assistant coach who helps to make your job easier along the way. We provide daily analysis of several markets which helps to provide some guidance as to how we see things. We also spend a considerable amount of time providing tips and educational examples to help execute you plan. Think of the DVT approach for swing trades and the nightly discussion of charts involving patterns and candlesticks, etc. We also scan for and offer trade suggestions (ideas) that we believe are valid setups and we take time to review the triggered setups in the following days. Partake in only the ideas that fit into your plan and simply ignore ones that don't. Finally, we spend time posting relevant comments and numerous charts every day in the trading community relating to what transpiring during that trading session and updating trade ideas.
Steve, how does one access
Posted by bharvey96 on 30th of Sep 2020 at 01:35 pm
Steve, how does one access the "Ciovacco Historical Perspective Charts?" I would imagine you need to be a client?
He puts out a weekly
Posted by steve on 30th of Sep 2020 at 01:41 pm
He puts out a weekly video via Twitter on Friday Night
Hi Matt/steve, is today highly
Posted by kevindeng0727 on 16th of Jun 2020 at 09:18 am
Hi Matt/steve, is today highly likely to be a trend day?
ZOOM intra day access back up - click to expand
Posted by matt on 23rd of Nov 2020 at 09:48 am
as I mentioned last week I was going to put the Zoom meeting back up on my other PC so you can view some of these charts live. I put a variety of charts on here from the daily SPX KISS, 120 min, 1/2 day, and all the way down to 3 min. I also placed the TICK Extreme 1 min SPX chart on there so you can see where those come in. Note, in order to get all these charts on here I am using a 4K monitor. It will look small for most of you at the full 4K native resolution. However you can choose to 'zoom' in to see the charts larger. Also I'm not on the Zoom talking, I just have it up so you can view some charts. Also please make sure to mute your mics
CLICK HERE to view the live charts
zoom is up, had issues
Posted by matt on 15th of Jan 2021 at 11:02 am
zoom is up, had issues with that PC this morning
Is Zoom going to be
Posted by jtsurfah on 15th of Jan 2021 at 10:48 am
Is Zoom going to be up today?
Zoom is back up. I'm
Posted by matt on 6th of Jan 2021 at 09:23 am
Zoom is back up. I'm still never sure what causes it to shut down, I know that it only stays up for so long, but usually I shut it down and restart it about 10 or 11 pm and many times it will stay open until 10 or 11 am the next morning, then other times it shuts down early maybe 3 or 4 am. Whatever, should probably just shut it off before bed and not bother having it up all night then simply turn it on in the morning again
how do you get on
Posted by ricest22 on 4th of Jan 2021 at 08:29 am
how do you get on the zoom?
There is a sticky post
Posted by steve on 4th of Jan 2021 at 08:33 am
There is a sticky post above here in the Trading Community - take you mouse and click on the Title line which will open the post where you will find link to Zoom.
regarding the KISS stuff, as
Posted by matt on 31st of Dec 2020 at 12:00 pm
regarding the KISS stuff, as you know I made that sector workspace with all the major sectors on it. I'm probably going to do the same for some other lists of stocks like maybe one with 20 of the major gold/silver stocks on it. I'd also like to make one for the IBD 20 stocks (the IBD 50 is too many for one workspace), and maybe one for Motley Fool charts
that said - does anyone here have an IBD subscription? If so can you send me their IBD 20 stock list? bptrades@gmail.com thanks
Please keeping posting these, they
Posted by cozz101 on 31st of Dec 2020 at 03:19 pm
Please keeping posting these, they are very helpful. I just bought a little XLE for a trade noticing how close price was to the DVT and with the cycle buy. Put my stop in right away so not risking much.
Same with SMH because it looks like this has a nice pattern; AMD and AMAT kind of looking the same but I personally like to use etf's to mediate risk a little.
XLV looks like it's breaking out today too; hope it's for real :)
Happy New Year!
never mind on sending me
Posted by matt on 31st of Dec 2020 at 12:30 pm
never mind on sending me the IBD 20, I have them.
here's the IBD 20 stocks on one workspace
Here's a workspace I created
Posted by matt on 29th of Dec 2020 at 10:01 pm
Here's a workspace I created that I could add to Zoom - I added all the sector ETF's with DVT's
or maybe this one, has
Posted by matt on 29th of Dec 2020 at 10:53 pm
or maybe this one, has all in one, includes the indexes, sectors, and a few stocks
FWIW I prefer having more
Posted by 2schnauzers on 30th of Dec 2020 at 09:36 am
FWIW I prefer having more stocks and less ETFs
LOL yeah that's the issue,
Posted by matt on 30th of Dec 2020 at 09:46 am
LOL yeah that's the issue, what stocks, gonna be different for everyone, no easy way there and you would never everyone happy.
is the zoom access down
Posted by ruscitti on 30th of Dec 2020 at 09:48 am
is the zoom access down or is it just me?
I have seen this issue
Posted by Trendie on 4th of Jan 2021 at 10:16 am
I have seen this issue before. The thread gets updated and at least some of us lose the original ZOOM room link. I can't see it anymore either. I had the link saved and when I try to use the saved link it now prompts for a password so I imagine the link has actually changed.
there is no password, the
Posted by matt on 4th of Jan 2021 at 10:51 am
there is no password, the link is always the same, get it from the sticky post
I've been in the IT
Posted by Trendie on 4th of Jan 2021 at 02:19 pm
I've been in the IT business for 40 years so I'm pretty good with a computer. There is no visible link to the Zoom call in this thread (at least for me). When I click on the SAVED link I had for it in my own computer's browser (Microsoft Edge) which has been working I get this. I'm unable to enter the room without a password. Is my link wrong? If so then please post the updated link. If my link is correct then why am I being prompted for a password? I've not had any issue getting into Zoom when I was given a good link. Thank you, Matt.
Mystery solved. When I view
Posted by Trendie on 4th of Jan 2021 at 04:00 pm
Mystery solved. When I view the full thread the very top comment from Matt with the Zoom link is HIDDEN! I have to click on the title of the thread (red arrow) to expose both Matt's comments AND the link to the Zoom meeting. Don't know why the entire thread is expanded for me EXCEPT the first post but at least I know what's going on now. Sorry for any confusion. Hope this helps others who experienced the same issue.
I added the words, click
Posted by matt on 4th of Jan 2021 at 04:01 pm
I added the words, click to expand at the end of the condense link there as that should avoid confusion with others in the future
The zoom link is at
Posted by jtsurfah on 4th of Jan 2021 at 02:43 pm
The zoom link is at the top of the page. I'm in the meeting but I have a blank screen. Does anyone else see anything?
Yes it turned black. It
Posted by EdZ on 4th of Jan 2021 at 02:44 pm
Yes it turned black. It was up until a few minutes ago. Signed out and back in. Still black.
No, i also cannot access
Posted by chartist74 on 30th of Dec 2020 at 09:56 am
No, i also cannot access it
Sweet...I like the second one;
Posted by cozz101 on 30th of Dec 2020 at 09:08 am
Sweet...I like the second one; has all the stuff I like to trade. This is really helpful!
that would be very nice
Posted by ruscitti on 30th of Dec 2020 at 07:52 am
that would be very nice to have
Zoom is up, I changed
Posted by matt on 27th of Dec 2020 at 06:09 pm
Zoom is up, I changed the SPX cash to ES futures so you can monitor how they behave. ES future were down 17 points at one point are now positive
Trump signed stimulus bill and
Posted by steve on 27th of Dec 2020 at 09:43 pm
Trump signed stimulus bill and ES responded by moving up 20 points
voice audio has been added
Posted by matt on 23rd of Dec 2020 at 09:36 am
voice audio has been added for the DVT prices, and A Amateur Hour on the zoom
interesting, 120 in chart of
Posted by matt on 23rd of Dec 2020 at 09:42 am
interesting, 120 in chart of XLE went long see vertical line with DVT, basically an abc buy
the Zoom is back up.
Posted by matt on 22nd of Dec 2020 at 08:48 am
the Zoom is back up. Also I'll be taking it down in the later afternoon , I need to do some updates there
No Zoom today?
Posted by jtsurfah on 18th of Dec 2020 at 01:46 pm
No Zoom today?
I said earlier that I
Posted by matt on 18th of Dec 2020 at 03:42 pm
I said earlier that I took it off today working on that computer
FYI I'll be taking the
Posted by matt on 18th of Dec 2020 at 10:40 am
FYI I'll be taking the Zoom computer offline shortly. I need to do some work on it and other things with the charts there. It will not be available for the rest of the day, but will back up next week
some of you may have
Posted by matt on 15th of Dec 2020 at 12:02 pm
some of you may have noticed from Zoom, the 120 min SPX flipped back long earlier
red-green-red-green? Are we going back
Posted by kevindeng0727 on 15th of Dec 2020 at 01:52 pm
red-green-red-green? Are we going back long on the system again if it stays that way?
One thing to keep in
Posted by cozz101 on 15th of Dec 2020 at 02:23 pm
One thing to keep in mind, many index funds go x-div this Friday. Could be some buying to capture that too?
if you went long on
Posted by najor on 15th of Dec 2020 at 12:24 pm
if you went long on the 120 minute on friday . where do you place your stop at 3634 spx the previous low . thanks
you can see the DVT
Posted by matt on 15th of Dec 2020 at 12:57 pm
you can see the DVT price on the Zoom, however there's no new DVT price, same as yesterday
zoom is back up
Posted by matt on 14th of Dec 2020 at 09:31 am
zoom is back up
The the Zoom charts we
Posted by matt on 12th of Dec 2020 at 02:57 pm
The the Zoom charts we are looking to add audio voice for various indicators whenever they generate a change such as when you get a new cycle support or resistance, maybe the 9 Sequential, but also could add whenever a new DVT is generates or if is an abc buy from the KISS. Here's some examples of how that could sound. I probably wouldn't put it on every chart, maybe 1/2 day, 120 min, 60, 30, 15 min. Probably not needed on daily for obvious reasons. We'll see I'll probably test it next week
New DVT price generated
New Cycle support/or resistance
Love this!
Posted by jtsurfah on 17th of Dec 2020 at 01:07 pm
Love this!
so regarding the Zoom -
Posted by matt on 17th of Dec 2020 at 01:29 pm
so regarding the Zoom - I added real audio voice alerts for the cycles so whenever there's a new cycle support or resistance you will hear something like "New cycle support generated on the 15 min ES chart". I will be adding the voice alert for the DVT prices as well so whenever there's a new DVT price on say the 120 min charts or daily, a voice will say "New DVT price generated on the 120 min QQQ chart at 305". I may also add voice alerts for the A's that pop up, amateur traders, or the 9 sequential Denmark, but not sure if that would be too much or not. Not like they pop up that much however. Will probably add those extra voice alerts either late this week or on weekend
Sounds like the future is
Posted by steverobin on 13th of Dec 2020 at 06:18 am
Sounds like the future is here!
What a great idea!!!
Posted by najor on 13th of Dec 2020 at 12:46 am
What a great idea!!! Easy access and less stress for Matt and subscribers ..Still wish we had XLE charts and GDX charts like we do on the SPY. maybe one day ??
The Zoom is back up
Posted by matt on 11th of Dec 2020 at 09:52 am
The Zoom is back up - remember it can only stay open so long before the auto shutoff. should be good rest of the day. I added that Demark indicator so you'll see a 9 on the charts now during a 9 sequential Demark type of move. Here's a article on Demark, again it's widely followed by a lot of traders
https://sherry1022.medium.com/how-to-make-money-at-home-trade-with-td9-indicator-tom-demark-sequential-5c115f0cac9c
Also regarding the Zoom charts,
Posted by matt on 11th of Dec 2020 at 12:34 am
Also regarding the Zoom charts, I added a Demark type of designation and now when there's a 9 sequential Demark type of sequence, the chart is marked with a 9, both on uptrends and downtrends
the Zoom is up guys
Posted by matt on 7th of Dec 2020 at 10:22 am
the Zoom is up guys
new DVT on the the
Posted by matt on 1st of Dec 2020 at 10:37 am
new DVT on the the 120 min SPX not surprisingly, you can see it on the Zoom charts
otherwise short term intra day the market got very overbought, in fact my new derivative indicator gave a nice short to me on a 5 min chart for a nice short on ES futures
you can see that indicator
Posted by matt on 1st of Dec 2020 at 10:47 am
you can see that indicator there on the 10 min you can see the MA ribbons got stupid wide and the indicator flipped there with the magenta line indicating a reversal was coming, I had triggered on a 2 min chart though. anyway I'm in the process of adding that indicator to the Zoom charts, however I still want to figure out a different formatting to make it pop more
looks like a new DVT
Posted by matt on 27th of Nov 2020 at 10:18 am
looks like a new DVT on the 120 min SPX
first off that Zoom meeting
Posted by matt on 27th of Nov 2020 at 09:32 am
first off that Zoom meeting is back up.
Also here's a setup to burn into your mind, we discussed it last week, that 4 color change on the BPT MA. It's especially powerful when it occurs and price is still above the ATR.
last night I saw this pattern and went long ES futures at 3622, currently 3639, when I saw the setup. was really obvious on the 195 min and 120 min time frames. The 120 min time frame has that cycle right there and price was close to the ATR.
I may start to save some of these examples for future reference
Hello all hope your Thanksgiving
Posted by matt on 26th of Nov 2020 at 03:21 pm
Hello all hope your Thanksgiving is going well. Anyway I'll go ahead and put the Zoom back up on ES futures, they will start trading at 6 pm EST. They closed down about 9 points in after hrs yesterday from the Wed close
Matt, thank you for letting
Posted by tradeit007 on 25th of Nov 2020 at 04:04 pm
Matt, thank you for letting us view your streaming Zoom meeeting. It helped my intraday trades significantly. Happy Thanksgiving!
awesome! happy to share. A
Posted by matt on 25th of Nov 2020 at 04:26 pm
awesome! happy to share. A few bugs to figure out, once in a while Zoom just stops working etc, I think there's a time limit where I need to close the meeting and restart it. At night I'll put ES futures for the middle cycle charts.
anyway glad it helps and you can see the DVT's and cycles show up in real time.
the Zoom is back up
Posted by matt on 25th of Nov 2020 at 11:44 am
the Zoom is back up in case you didn't realize
note - for the Zoom
Posted by matt on 24th of Nov 2020 at 04:06 pm
note - for the Zoom I changed the cycle charts in the middle from SPX cash to ES futures to reflect after hrs. I'll leave the Zoom up, I have to run to an appointment
The zoom is back up,
Posted by matt on 24th of Nov 2020 at 09:45 am
The zoom is back up, it had lost connection earlier. Here's an image of all those charts. note on the daily one of the BPT MA Deluxe indicators trying to go green. On the 120 min price stalling some at the underside of the ATR. The TICK extremes chart is on the upper right and plots horizontal lines when the TICK spikes over 1000, this goes back 5 months, therefore lines can be from months ago unless you are at new highs.
image from the Zoom -
Posted by matt on 24th of Nov 2020 at 10:32 am
image from the Zoom - note on the Tick extreme chart on the upper right. once we took out that line at 3605, that enabled the market to push again to the next tick extreme. This current one goes back to Nov 16th
One thing to point out is short term some of these ribbons are VERY wide, 5 min etc, price may need to consolidate soon intra day
otherwise hope you guys like having the real time views through that Zoom
here's that TICK extreme chart,
Posted by matt on 24th of Nov 2020 at 12:11 pm
here's that TICK extreme chart, every time you break one of those levels you tend to get a nice move. This morning right away price broke above that TiCK extreme from 3605, that alloed a move up to the next one at 3612, and once that was broken we had free air until the 3641 above - which goes back no Nov 6th
that tick extreme from Nov
Posted by matt on 24th of Nov 2020 at 01:46 pm
that tick extreme from Nov 9 overhead was a magnet, notice price popped right up to it
you can see how price
Posted by matt on 24th of Nov 2020 at 02:34 pm
you can see how price pulled back right from that Tick extreme high from Nov9th, tagged it an hr ago and pulled off it
very nicely
Posted by carson on 24th of Nov 2020 at 02:06 pm
very nicely
I'll put up the Zoom
Posted by matt on 24th of Nov 2020 at 12:10 am
I'll put up the Zoom now with the ES futures and change out tomorrow after the market opens to the indexes
I'll put that ZOOM up
Posted by matt on 23rd of Nov 2020 at 09:39 pm
I'll put that ZOOM up again tomorrow morning
Thursday Newsletter
Posted by steve on 14th of Jan 2021 at 07:06 pm
Thursday Newsletter
SNAP daily cashed in my
Posted by morton7 on 14th of Jan 2021 at 04:46 pm
SNAP daily cashed in my longs at the open today, slip slidding away...
MTCH daily short prospect....
Posted by morton7 on 14th of Jan 2021 at 04:42 pm
MTCH daily short prospect....
Thanks for sharing charts
Posted by steve on 14th of Jan 2021 at 06:16 pm
Thanks for sharing charts
DVTs
Posted by matt on 14th of Jan 2021 at 04:24 pm
New DVT today on IWM, nothing on others. EEM looking a bit tired
otherwise on the SPX and QQQs so far have paused from those resistance cycles from early in the weekend and weekend
CBIO was a BPT pick
Posted by timebandit on 14th of Jan 2021 at 04:04 pm
CBIO was a BPT pick a month or so ago. Broke out a month ago and pulled back. I got in on the buy signal (long white candle) after the downtrend break. Looks like it may have some momentum. Sorry meant to post this before the close. Got distracted and oh well...
Following up on some hedging names
Posted by matt on 14th of Jan 2021 at 04:02 pm
SPXU - Chart Link nice double bottom bounce for now
TZA - Chart Link still wedging with divergence
SQQQ - Chart Link still in channel
VXX - Chart Link continues holding support basing for now
FANG stocks
Posted by matt on 14th of Jan 2021 at 03:59 pm
AAPL - Chart Link small coil forming
AMZN - Chart Link bounced off support other day but if it goes down again could lose that
FB - Chart Link below the 200 day MA now
NFLX - Chart Link - DIS been kicking it's ass in streaming or will one day, 6 months chop sideways
nat gas went from a
Posted by roger on 14th of Jan 2021 at 03:46 pm
nat gas went from a BOIL to a simmer today
GBIO having a good day.... matt
Posted by pjtiii on 14th of Jan 2021 at 03:44 pm
GBIO having a good day....
matt beat me to it..
GBIO nice move
Posted by matt on 14th of Jan 2021 at 03:44 pm
GBIO - Chart Link remember was an idea from Monday's letter as a lower risk long off that long term trendline
Update: GBIO nice move
Posted by matt on 14th of Jan 2021 at 03:50 pm
GBIO - Chart Link I zoomed out on the image more, you can see why that was such a nice pick on Monday, had 4 perfect touches on that trendline
I prefer stuff like that vs buying stuff in parabolic moves overbought
MTA Updated View
Posted by steve on 14th of Jan 2021 at 03:39 pm
MTA - Chart Link - great relative strength in this royalty and streaming name
Zoom down or is it
Posted by jtsurfah on 14th of Jan 2021 at 03:38 pm
Zoom down or is it an issue on my side?
Man looks like i missed
Posted by RP on 14th of Jan 2021 at 03:37 pm
Man looks like i missed the DDD reload
can their technology be used
Posted by morton7 on 14th of Jan 2021 at 03:40 pm
can their technology be used to print a firearm? just a theory...
Matt thanks for the SFIX
Posted by RP on 14th of Jan 2021 at 03:33 pm
Matt thanks for the SFIX trade cashed in 6k on 5 calls !!
W and FVRR fool picks
Posted by morton7 on 14th of Jan 2021 at 03:31 pm
W and FVRR fool picks this week.
what day did they come
Posted by roger on 14th of Jan 2021 at 03:34 pm
what day did they come out?
today
Posted by morton7 on 14th of Jan 2021 at 03:37 pm
today
little late to the party
Posted by roger on 14th of Jan 2021 at 03:39 pm
little late to the party
yes best to wait for
Posted by morton7 on 14th of Jan 2021 at 03:40 pm
yes best to wait for a pullback...
LABU approaching the upper rail,
Posted by roger on 14th of Jan 2021 at 03:11 pm
LABU approaching the upper rail, but what is odd is the negative money flow on this huge bounce since March
NET - looks like a
Posted by mrjasongill on 14th of Jan 2021 at 03:05 pm
NET - looks like a low risk buy here sitting on the 20MA and broken trend line.. https://www.tradingview.com/x/yIQce8SV/
WW - Weight Watchers that
Posted by jtsurfah on 14th of Jan 2021 at 02:27 pm
WW - Weight Watchers that I mentioned yesterday is working out well so far. Looks like it completed and ABC down and is heading higher.
BCO Updated View
Posted by steve on 14th of Jan 2021 at 02:18 pm
BCO - Chart Link- nice entry above yesterday's consolidation candle
AMD breaking out of a
Posted by frtaylor on 14th of Jan 2021 at 02:10 pm
AMD breaking out of a triangle. 15 min chart.