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Title: Top Down Approach Discussion and how to View BPT - Click on Title

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?

SPY systems possible trade via CCI Divergence

Posted by matt on 30th of Oct 2020 at 10:28 am
Title: SPY systems possible trade via CCI Divergence

Hi Matt, with this trade

Posted by imelhoe on 30th of Oct 2020 at 11:37 am

Hi Matt, with this trade , would it be multiple entries long or just a short 2 day trade kind of move pls?  i do see a bounce back up to s 3325 o r do you expect more upside ?  What is your downside target for SPX for next week pls

The CCI tends to be

Posted by matt on 30th of Oct 2020 at 12:00 pm

The CCI tends to be a quick trade stat wise. I can have a couple entries obviously.  The Bear Long is variable it can have short quick trades and it can stay in long trades for 1 or 2 months if conditions all match for a hold. 

we'll have two open sub systems, they are their own systems their entries not related to the other. I suggest you look over the stats for both not just that summary stat table but the images of the stats. 

these two trade types are high probability but they also tend to occur in these very volatile high VIX situations like we have now, thus the draw downs at times can still be 5 or 7% just because of the conditions in the market when these systems trigger the VIX tends to be high, and big moves are common with 50 and 100 point SPX days common.

Einhorn on Tech

Posted by steve on 27th of Oct 2020 at 12:10 pm

https://seekingalpha.com/news/3626474-einhorn-warns-enormous-tech-bubble-in-latest-letter

Maybe  but also huge comparative 

Posted by kalkgrun on 27th of Oct 2020 at 12:18 pm

Maybe  but also huge comparative  growth. I'm staying long cloud, cybersecurity, ecommerce, fintech for the forseeable future

U daily  nice pop!

Posted by morton7 on 27th of Oct 2020 at 11:50 am

U daily  nice pop!

pop and drop!

Posted by morton7 on 27th of Oct 2020 at 01:15 pm

pop and drop!

hit and run with IPO`s.

Posted by arun on 27th of Oct 2020 at 02:10 pm

hit and run with IPO`s. I sold on the pop...just like SNOW

COGT Updated View

Posted by steve on 27th of Oct 2020 at 11:44 am

COGT - Chart Link - nice percentage gainer (watchlist idea on 10/13)

Steve - any thoughts on

Posted by arun on 27th of Oct 2020 at 11:29 am

Steve - any thoughts on U - Unity software . Chart has a similar set up to SNOW last week and also a bit ascending triangle

U - already popped out

Posted by steve on 27th of Oct 2020 at 11:38 am

U - already popped out to new highs (nice trade). Relatively new issue so simply trade what's in front of you

Thank you... I know should

Posted by arun on 27th of Oct 2020 at 11:49 am

Thank you... I know should have mentioned earlier. I entered yesterday

China is hot! MCHI and

Posted by mborder1 on 27th of Oct 2020 at 11:25 am

China is hot! MCHI and KWEB

NVDA off of support 

Posted by kalkgrun on 27th of Oct 2020 at 11:10 am

NVDA off of support 

VIX Updated Views

Posted by steve on 27th of Oct 2020 at 10:30 am

$VIX - Chart Link - still above its daily upper BB 

$VIX - Chart Link - 60 minute broke out of pattern shown last week 

$VIX - Chart Link - monitor for short term (still holding up)

COGT Updated View

Posted by steve on 27th of Oct 2020 at 10:17 am

TSLA Bollinger pinching 

Posted by kalkgrun on 27th of Oct 2020 at 10:13 am

TSLA Bollinger pinching 

TSLA - Have this as

Posted by elementsix on 27th of Oct 2020 at 01:55 pm

TSLA - Have this as a coil for about 36 days now.  I like TSLA for a low risk entry here with a stop below Friday's lows / lower trendline. Stopped earlier today at the 9/20MA but if we can  get  past that my next target is resistance at the top of the coil around $460-$465.

I like RSI turning up here, as well as MACD recycling back toward zero with potential to turn back up. I also use 10STO as a buy signal crossing back above 20. Need Volume to come back in now. 

BA Updated View

Posted by steve on 27th of Oct 2020 at 09:55 am

BA - Chart Link - here you go Denise (well executed on that trade short we discussed)

BA filled open gap at

Posted by steve on 27th of Oct 2020 at 12:59 pm

BA filled open gap at $156.31 

SHOP making a push off

Posted by kalkgrun on 27th of Oct 2020 at 09:54 am

SHOP making a push off support. https://deadline.com/2020/10/tiktok-e-commerce-platform-shopify-in-global-marketing-partnership-1234603931/?source=news_body_link

JO Daily View Updated

Posted by steve on 27th of Oct 2020 at 09:50 am

JO - Chart Link - tagged its 20 day MA

SPX Short Term Views

Posted by steve on 27th of Oct 2020 at 09:40 am

$SPX - Chart Link  - displays symmetry of an abc bounce 

$SPX - Chart Link- choppy advance thus far 

$SPX - Chart Link

SPX finding resistance near its

Posted by steve on 27th of Oct 2020 at 09:35 am

SPX finding resistance near its Primary Piot on first test 

ES Globex Range 3390-3410 (Inside

Posted by steve on 27th of Oct 2020 at 09:15 am

ES Globex Range 3390-3410 (Inside Day)

AMD To Acquire Xilinx In

Posted by steve on 27th of Oct 2020 at 09:14 am

AMD To Acquire Xilinx In All Stock Transaction With Combined Enterprise Value Of Approximately $135B

Natural Gas Daily Futures

Posted by steve on 27th of Oct 2020 at 08:48 am

Inside Day on Natgas thus far 

On 60 minute chart currently have a double top near $3.29 - now watching to see if this flags out (forms a handle) or rolls over 

Natgas has crept up to

Posted by steve on 27th of Oct 2020 at 12:21 pm

Natgas has crept up to new highs 

Bloom Energy (BE) bouncing off

Posted by z0ned on 26th of Oct 2020 at 09:01 pm

Bloom Energy (BE) bouncing off long term resistance/support line

Monday's Newsletter

Posted by matt on 26th of Oct 2020 at 08:13 pm

Here's Monday's Newsletter

No coverage of Natural Gas?

Posted by rwbutcher2020 on 26th of Oct 2020 at 08:33 pm

No coverage of Natural Gas? It has trended more dramatically than crude oil. 

The nat gas ETFs have

Posted by matt on 26th of Oct 2020 at 10:56 pm

The nat gas ETFs have not moved and I doubt any of you are trading nat gas futures

I do. And I miss

Posted by johnny2012 on 27th of Oct 2020 at 08:43 am

I do. And I miss the analysis. 

I think some of these

Posted by matt on 27th of Oct 2020 at 08:58 am

I think some of these moves are contract roll overs and other things in the futures that would not translate into the ETF's

for example last week UNG fell -1.5% but the Natgas on Stockcharts shows that it went up 15.2%. could be contract roll over since Stockcharts uses a mix of various futures and months. Also could be some contago stuff. The point is, unless you are trading natgas futures the moves are not translating to the ETF's, nothing actionable there. WE have so many charts already when I don't see an actionable setup I like to remove it

I am long March 21

Posted by rwbutcher2020 on 27th of Oct 2020 at 09:06 am

I am long March 21 futures, and have been for weeks on a cross of the moving averages

good job, I'm leaving have

Posted by matt on 27th of Oct 2020 at 09:13 am

good job, I'm leaving have a good day guys and hopefully no 100 point swing today in the SPX while I'm gone

$cpc, highest level since May

Posted by elliotw on 26th of Oct 2020 at 07:34 pm

$cpc, highest level since May 2020

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