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
Hello Matt, thank you for setting up ZOOM access to the KISS
charts. Would it be possible to add real-time daily KISS charts for
gold and long-term treasury bonds (TLT)? I am interested in
possible buy signals and DVT levels.
The Zoom works again, sorry about that it's been up since Monday
night. I have to use ZOOM sometimes for personal use and when I do
that I change the ID so that people can't come onto my private
Zoom. I have to remember to change the ID back for the website,
sometimes I forget. This is what happened on Monday, I had a
private Zoom meeting with a client on Monday night then forget to
change it back to the ID for the website
First time to attempt to access Zoon charts but not working for
me. All I get is a blank screen with my first name in the middle of
the screen and I am the only participant. Is there something I need
to set up first to access the charts?
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
Charting question for anyone to answer... if you draw the upper
trendline from the Feb high instead of the March high, you get a
bearish rising wedge (that also contains the shorter term coil).
Is one pattern more valid/likely than the other?
One scenario is coil breaks to the upside for a short term pop,
then the bearish wedge potentially comes into play. (Though,
these days, I see some rising wedge BO's go to the upside, so maybe
this is the new bullish scenario. Ha!)
Posted by goldnice on 10th of Apr 2021 at 07:29 am
DJIA Weekly Close. Notice how this {Wave 5} bull market blowoff
top has subdivided into it's own 5 wave fractal structure which is
standard policy. Target for a {Wave 5} top is around $36k. It's
amazing what $24 trillion in global government printing can
accomplish. As long as we stay in this large {Raising Wedge}
everything is bullish. Once it breaks down out of the raising wedge
we will start probing for bear plays after the {Wave 5} top gets
hammered in. Enjoy this blowoff top while it lasts.
Posted by kevindeng0727 on 9th of Apr 2021 at 04:57 pm
Hi Matt/Steve, do you have any study on what happened after
SPX's RSI5 gets to ~90? It seems like even in the best case like
2017, some small pullback is needed. Other times saw 5-10%
correction more often.
After Steve's wise words, closed out today's AMZN call EOD, AS
PLANNED. I noticed also that the stock is almost completely out of
Bollinger Band. By holding till EOD, doubled the profit :)
AAPL is also very much out of BB, but the calls I bought today I
planned to hold them to next week. Much less stake than AMZN call.
Phew.
Recent ES 4112 Target Achieved now trail up stops - for those
who have been paying attention since last March we have seen many
Friday afternoon rallies
Serious question-no hurry... Steve mentioned how
AAPL,AMZN,GOOGL,FB & MSFT are 21% of SPX/40% of QQQ and are
pretty much responsible for this last move up to new highs. My
question is: When money flows into the ETFs does that make the ETFs
have to go and buy the components in the percentages in respective
index? Example: $1 buys QQQ so AAPL gets 10 cents/MSFT gets 10
cents etc My point is when $$$$ flows into QQQ and SPX, is it a
self-fulfilling proposition that the FAANGs are going to go up?
Thanks!
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
Steve will be gone today
Posted by matt on 26th of Mar 2021 at 08:44 am
Steve will be gone today through Monday. I have a bunch of contractors over so I may not be able to post that much.
FYI the Zoom is up
Zoom is back up also
Posted by matt on 25th of Mar 2021 at 09:16 am
Zoom is back up also I added the 13 sequence to the Demark instead of only the 9. The 13 sequence is rare to see
On the /ES 30 min
Posted by frtaylor on 9th of Mar 2021 at 01:05 pm
On the /ES 30 min chart, is that a DeMark 9 that's out of view except for the bottom-most part of the 9?
Hello Matt, thank you for
Posted by sim2009 on 26th of Feb 2021 at 12:45 pm
Hello Matt, thank you for setting up ZOOM access to the KISS charts. Would it be possible to add real-time daily KISS charts for gold and long-term treasury bonds (TLT)? I am interested in possible buy signals and DVT levels.
The Zoom works again, sorry
Posted by matt on 10th of Feb 2021 at 11:17 am
The Zoom works again, sorry about that it's been up since Monday night. I have to use ZOOM sometimes for personal use and when I do that I change the ID so that people can't come onto my private Zoom. I have to remember to change the ID back for the website, sometimes I forget. This is what happened on Monday, I had a private Zoom meeting with a client on Monday night then forget to change it back to the ID for the website
Is the Zoom intra day
Posted by lnelson214 on 10th of Feb 2021 at 10:06 am
Is the Zoom intra day access up today? Still getting an “Invalid meeting ID” error message when clicking on “Click Here” link.
Matt, Is the Zoom intra day
Posted by lnelson214 on 9th of Feb 2021 at 10:08 am
Matt,
Is the Zoom intra day access up today? Getting an “Invalid meeting ID” error message when clicking on “Click Here” link.
First time to attempt to
Posted by bhst024 on 21st of Jan 2021 at 03:06 pm
First time to attempt to access Zoon charts but not working for me. All I get is a blank screen with my first name in the middle of the screen and I am the only participant. Is there something I need to set up first to access the 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
VIAC versus the lower highs
Posted by foody518 on 10th of Apr 2021 at 05:09 pm
VIAC versus the lower highs downtrend line from back in 2017
https://www.tradingview.com/x/glB4UuVm/
Bitcoin trying to break out of its coil
Posted by matt on 10th of Apr 2021 at 10:23 am
$BTCUSD - Chart Link-
Charting question for anyone to
Posted by rjdst on 10th of Apr 2021 at 11:26 am
Charting question for anyone to answer... if you draw the upper trendline from the Feb high instead of the March high, you get a bearish rising wedge (that also contains the shorter term coil). Is one pattern more valid/likely than the other?
One scenario is coil breaks to the upside for a short term pop, then the bearish wedge potentially comes into play. (Though, these days, I see some rising wedge BO's go to the upside, so maybe this is the new bullish scenario. Ha!)
My opinion is that they
Posted by cozz101 on 10th of Apr 2021 at 12:44 pm
My opinion is that they are both valid and I have also seen some overshoots of the wedge lately; but I do think it could offer resistance.
Using triangle target projection, the triangle could measure to 74-75,000. (no guarantees of course :) https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:symmetrical_triangle_continuation
Just checked Coinbase and sure
Posted by cozz101 on 10th of Apr 2021 at 11:01 am
Just checked Coinbase and sure enough you are on it!
It is trading around $60,300 right now on Saturday morning. Anxious to see if it holds up through the weekend.
DJIA Weekly Close. Notice how
Posted by goldnice on 10th of Apr 2021 at 07:29 am
DJIA Weekly Close. Notice how this {Wave 5} bull market blowoff top has subdivided into it's own 5 wave fractal structure which is standard policy. Target for a {Wave 5} top is around $36k. It's amazing what $24 trillion in global government printing can accomplish. As long as we stay in this large {Raising Wedge} everything is bullish. Once it breaks down out of the raising wedge we will start probing for bear plays after the {Wave 5} top gets hammered in. Enjoy this blowoff top while it lasts.
Hi Matt/Steve, do you have
Posted by kevindeng0727 on 9th of Apr 2021 at 04:57 pm
Hi Matt/Steve, do you have any study on what happened after SPX's RSI5 gets to ~90? It seems like even in the best case like 2017, some small pullback is needed. Other times saw 5-10% correction more often.
Thanks & enjoy your weekend.
New DVT's for SPX 2 day candle chart, 120 min and weekly, NOT on daily though, see images
Posted by matt on 9th of Apr 2021 at 04:11 pm
SPX daily still at 3970
SPX 2 day candlestick jumped up to 3938 so only about 30 points lower than the daily
The weekly SPX jumps from 3600 to 3745 nearly 150 point jump
The 120 min jumps to 4088
After Steve's wise words, closed
Posted by lapri24 on 9th of Apr 2021 at 04:09 pm
After Steve's wise words, closed out today's AMZN call EOD, AS PLANNED. I noticed also that the stock is almost completely out of Bollinger Band. By holding till EOD, doubled the profit :)
AAPL is also very much out of BB, but the calls I bought today I planned to hold them to next week. Much less stake than AMZN call. Phew.
Its been LABD all day
Posted by roger on 9th of Apr 2021 at 04:08 pm
Its been LABD all day until 3:15 when LABU got the one minute psar buy signal for a snapback rally
Get at least one of these a day. Good for a buck and a half in 20 minutes
SPY Breakout Trade update
Posted by matt on 9th of Apr 2021 at 04:07 pm
With the nice market move higher since the SPY Breakout sub system went long Tuesday a new hard stop has been generated at 406.16 for the SPY ETF
SPX 5 min
Posted by matt on 9th of Apr 2021 at 03:33 pm
$SPX - Chart Link- heck of a move after that bull flag break on the 5 min
looks like last week.. oh.
Posted by steve on 9th of Apr 2021 at 03:51 pm
looks like last week.. oh. and the week before (Late Friday Rallies)
I agree pull back next
Posted by fredsaid on 9th of Apr 2021 at 03:57 pm
I agree pull back next week is likely. Closing my longs and adding to VXX. Close enough to 4140 imo.
SQUEEEEEEEZE Somebody must be getting
Posted by profmel on 9th of Apr 2021 at 03:53 pm
SQUEEEEEEEZE Somebody must be getting slapped around!
Is the SPY Momentum long
Posted by fredsaid on 9th of Apr 2021 at 03:37 pm
Is the SPY Momentum long trade still open ?
Sorry should have just clicked
Posted by fredsaid on 9th of Apr 2021 at 03:45 pm
Sorry should have just clicked on systems ... appears that it is... probably looking for that blow off top on Monday.
‘Blow off tops’ dont happen
Posted by mitchell on 9th of Apr 2021 at 03:51 pm
‘Blow off tops’ dont happen over 1-2d. Impatience, as Steve points out will undermine any trading strategy. Opex next wk.
Recent ES 4112 Target Achieved
Posted by steve on 9th of Apr 2021 at 03:30 pm
Recent ES 4112 Target Achieved now trail up stops - for those who have been paying attention since last March we have seen many Friday afternoon rallies
There been some talk about
Posted by fredsaid on 9th of Apr 2021 at 03:32 pm
There been some talk about a potential top around the 4140 area ...
Wise Trader Reminder
Posted by steve on 9th of Apr 2021 at 03:07 pm
how to get a drawdown from here..
1. chase ideas. go outside of core lanes/process (stay in your lane bro)
2. throw good money at mediocre ideas
3. lose patience
4. boredom trading
5. Eyes only the prize. lose site of the Risk in R/R. lower slugging %
Once again it comes down to HAVING A PLAN - Until you do you will not remain consistent
Thank you Steve! I'm guilty
Posted by lapri24 on 9th of Apr 2021 at 03:27 pm
Thank you Steve! I'm guilty of all 5 At least I'm cutting small losses on 1 and 2.
MTEM CCI play
Posted by matt on 9th of Apr 2021 at 02:56 pm
MTEM - Chart Link still in some of this one
GEO, FGEN some other candidates I'm monitoring
again these are the CCI spike divergence setups where you look for a reversion to mean bounce
Matt, I'm not getting the
Posted by frtaylor on 9th of Apr 2021 at 12:32 pm
Matt, I'm not getting the charts on the Zoom meeting, just each participant's name.
BNTX daily breaking out.
Posted by morton7 on 9th of Apr 2021 at 11:49 am
BNTX daily breaking out.
AAPL daily right at gap resistance,
Posted by morton7 on 9th of Apr 2021 at 11:48 am
AAPL daily right at gap resistance, sold another call.
nice gap fill!
Posted by morton7 on 9th of Apr 2021 at 04:29 pm
nice gap fill!
Keeping an eye on Renewable
Posted by mborder1 on 9th of Apr 2021 at 11:30 am
Keeping an eye on Renewable energy ETF
LULU Daily View Updated
Posted by steve on 9th of Apr 2021 at 11:24 am
LULU - Chart Link - has moved up to initial target area (resistance).
Serious question-no hurry... Steve mentioned
Posted by profmel on 9th of Apr 2021 at 10:48 am
Serious question-no hurry... Steve mentioned how AAPL,AMZN,GOOGL,FB & MSFT are 21% of SPX/40% of QQQ and are pretty much responsible for this last move up to new highs. My question is: When money flows into the ETFs does that make the ETFs have to go and buy the components in the percentages in respective index? Example: $1 buys QQQ so AAPL gets 10 cents/MSFT gets 10 cents etc My point is when $$$$ flows into QQQ and SPX, is it a self-fulfilling proposition that the FAANGs are going to go up? Thanks!
ETF
Posted by steve on 9th of Apr 2021 at 11:04 am
https://en.wikipedia.org/wiki/Exchange-traded_fund
Thanks!
Posted by profmel on 9th of Apr 2021 at 12:28 pm
Thanks!
Looks like slow moving PFE
Posted by cozz101 on 9th of Apr 2021 at 10:17 am
Looks like slow moving PFE may be exiting cup and handle?
https://schrts.co/MgqkMhXQ Attempting to insert a link from free Stockcharts account otherwise have been unable to post charts on this blog.
Picked up NEM , hit
Posted by retirefire on 9th of Apr 2021 at 09:55 am
Picked up NEM , hit ema 21 this morning. Has bounced from there since it crossed last month.