Here's a 22 min video recording I did showing that methodology in a more detailed manner via a video format

CLICK HERE to watch the video

Nice video matt 

Posted by jacob_lee_pharmd on 17th of May 2019 at 09:31 am

Nice video matt 



This is fantastic. Great concept

Posted by shinkans3n on 16th of May 2019 at 09:43 am

This is fantastic. Great concept in here. Thank you Matt!

Love this method, works well

Posted by chapgolf on 16th of May 2019 at 08:26 am

Love this method, works well for my schedule.  Thank you, so glad I am a part of this community.

Thank you for the Educational

Posted by steverobin on 16th of May 2019 at 06:44 am

Thank you for the Educational Video!  Timeframe on the mobile app?

Hi Matt,  Great video.  I

Posted by pmahoney on 15th of May 2019 at 06:30 pm

Hi Matt,  Great video.  I look forward to using this to manage IRA and longer term SPY investing!  Thanks Paul

thanks for this.  when talking

Posted by shecar on 15th of May 2019 at 06:28 pm

thanks for this.  when talking about putting trailing stops on based on the higher lows via the fast ma deluxe, it seemed like you were referencing placing them intraday, is that accurate or do you prefer stops based on the close?  

The stops would be at

Posted by matt on 15th of May 2019 at 07:16 pm

The stops would be at the lows of the candles where the fast or non whipsaw confirming BPT MA was red.  The stops would only be confirmed once the higher low was established and the BPT MA back green to signal that.

the stops would be INTRA DAY not close .  Basically a GTC stop that is active until we cancel it and replace it with the next higher stop or it's triggered.  Important because that stop protects you by locking your gains in even if it's one of those crazy 90 point down days like we saw last fall. For example that stop hit in on Oct 10th, would have triggered at 2860, if you had waited for the close on Oct 10th, the SPX closed at 2785, so waiting for the close would have sucked.  Again stops are GTC and intra day. 

thank you for clarifying

Posted by shecar on 16th of May 2019 at 11:32 am

thank you for clarifying

I notice for the last

Posted by victorh on 20th of May 2019 at 12:21 am

I notice for the last few months you guys no longer post the COT's for gold. I read on another site the latest COT's released Friday did not bode well for gold as commercials massively increased their short positions. When you were posting the COT's on the weekly gold charts it made it very easy to notice trends. Is there some reason you no longer post the numbers?

VSLR Daily View

Posted by steve on 19th of May 2019 at 07:40 pm

Weekend Newsletter At the start of

Posted by steve on 19th of May 2019 at 01:19 pm

Weekend Newsletter

At the start of last week, the major indexes continued lower on Monday making new short term pullback lows (following increased tariff talk).  After reaching oversold readings on Monday, the market managed to stage a three day rally with prices peaking out mid-day on Thursday before giving up some gains into the close on Friday.  Thus far, the bounce on the major indices has been a normal corrective advance that has failed near at 50-618% Fib retrace as we have outlined on the 60 minute charts.   As you know, we are currently mapping this advance as a wave B bounce following the clean symmetry break on the previous decline.  Unless the SPX can hold and impulse higher, we expect price to come back down and at least retest the 2800 area if not zig zag lower.  For the bulls, we would need to see price hold above 2853 early next week and rally up to new bounce highs.  As always, continue to trade what's in front of you and respect your triggers. 

Enjoy the balance of your weekend,

Steve 

SPX 60 Updated Mapping View

Posted by steve on 18th of May 2019 at 11:58 am

$SPX - Chart Link - see comments on chart.  Bulls would need to hold above 2853 and rally to new highs for an impulse to negate the current view. 

Quick Look at Australia and Canada

Posted by steve on 18th of May 2019 at 11:15 am

$AORD - Chart Link

$TSX - Chart Link

$aord has significant macd and

Posted by elliotw on 18th of May 2019 at 06:36 pm

$aord has significant macd and rsi divergence has price makes new highs.  

Correct

Posted by steve on 19th of May 2019 at 11:43 am

Correct

$aord up again today as

Posted by elliotw on 19th of May 2019 at 11:49 pm

$aord up again today as existing gov should win the election yesterday.  More pro business 



TSLA

Posted by matt on 17th of May 2019 at 03:36 pm

TSLA - Chart Link

TSLA - Chart Link - weekly, man o man

https://www.thestreet.com/investing/stocks/musk-to-tesla-employees-it-is-hardcore-belt-tightening-time-14963523?puc=yahoo&cm_ven=YAHOO&yptr=yahoo

Even though I like the cars, I doubt I would buy one.  Are they really going to be in business long enough to service it?  Serious concerns that this is a going concern.  It didn't help to take on Solar City and its debt.

Also, not to mention the constant change in pricing and sales and marketing strategies.... and now a possible battery shortage because of Model Y build.

i am getting giddy so

Posted by morton7 on 17th of May 2019 at 03:49 pm

i am getting giddy so those who are short might want to cover.  they need a new ceo....

'US, China trade talks have

Posted by steve on 17th of May 2019 at 03:05 pm

'US, China trade talks have stalled: Sources' -CNBC

MAIN still holding up great

Posted by matt on 17th of May 2019 at 02:40 pm

MAIN - Chart Link - still holding up great despite going ex dividend, you will receive the div on June 4tth

XLU follow up

Posted by matt on 17th of May 2019 at 02:39 pm

XLU - Chart Link - I've been saying that it would like try sometime to take out that resistance. 

Nice day!

Posted by steverobin on 17th of May 2019 at 05:42 pm

Nice day!

Short EOG Updated View

Posted by steve on 17th of May 2019 at 12:24 pm

EOG - Chart Link

yep it just needed a

Posted by matt on 17th of May 2019 at 12:58 pm

yep it just needed a couple more days, was a good pattern

ARWR Updated View

Posted by steve on 17th of May 2019 at 11:17 am

ARWR - Chart Link - moved up to initial target (resistance area)

Good Reason to Buy the Dip Early This Morning

Posted by steve on 17th of May 2019 at 11:00 am

Gartman: "We Make An Official Recommendation To Sell Stocks Short This Morning" (at the open)

Gartman is the ultimate contrarian

Posted by steverobin on 17th of May 2019 at 05:43 pm

Gartman is the ultimate contrarian indicator!

SPX 3300 here we come!!

Posted by pmahoney on 17th of May 2019 at 11:13 am

SPX 3300 here we come!! LOL

LOL Gartman

Posted by matt on 17th of May 2019 at 12:59 pm

LOL Gartman

SOX Daily/Weekly 

Posted by mla127 on 17th of May 2019 at 10:59 am

SOX Daily/Weekly 

JO - needs some caffeine 

Posted by roger on 17th of May 2019 at 10:42 am

JO - needs some caffeine 

Patience is wearing thin!

Posted by jksnyders on 17th of May 2019 at 01:19 pm

Patience is wearing thin!

Starbucks keeps shorting it against

Posted by matt on 17th of May 2019 at 02:38 pm

Starbucks keeps shorting it against you!

JO -  is like Maxwell

Posted by steve on 17th of May 2019 at 02:40 pm

JO -  is like Maxwell House "Good to the Last Drop"

How often does a cash

Posted by shecar on 17th of May 2019 at 10:40 am

How often does a cash signal on the BPT MA Deluxe turn to red vs back to green?

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