Matt, Dodger...can you give any insight on ESI SS trade.

I see a double top on the weekly..and overbought reading on the RSI and a completed ABC pattern.

Thanks

http://stockcharts.com/h-sc/ui?s=ESI&p=W&yr=1&mn=11&dy=0&id=p01968638915&a=160128973&listNum=7

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Many Gold stocks this morning have formed a naked bar which is a reversal signal.

AEM is down $ 3 + dollars from its high. Pattern completion of the breakout was to $60.00..it just fell a tad short.

ABX is down $ 2.50 from its intra day high.

And as Matt mentioned GDX hit 200 day MA.

Going long here looks really risky.

Hi Matt,Steve,

Based on the descending triangle you have shown in the newsletter and it being wave 5 can you predict what the target area is for this wave if it were to breakdown on the downside ?

Matt, are you able to refresh the time intervals on the blog so we dont need to keep refreshing the page ?

Anyone know if there is an auto-refresh for this blog...if so how to enable it.

That is a fantastic feature.

I really appreciate you taking the time during the day to explain things and keep us in the right direction.

Matt,

Do you know how to get the dpo setting on stockcharts. When I draw my chart with DPO I dont get a single line.

Is there anyone from Canada that uses a Canadian Brokerage to inwest with the mechanical systems...if so can you please PM me.

Thanks

Matt,

I am a little confused now. You showed 2 charts of the S&P. In the first chart it shows that we are in wave 3 of 5 and in the second chart it shows we are in 5 of 3...is this correct.

Any idea how high wave 4 should take us too ?

Steve,

Thanks again for the follow up nightly report explaining the details in full of what we may expect.

The short two day rally you mentioned that occured in mid Sept happened to occur after a decline in the mkt and right before options expiry. Knowing that the market has declined once again since the last expiry day ( dow - 25 % ) it is then probably the likelihood that we get some quick, meaningful snap back rally as you alluded too...and probably before this expiry day.

I guess my question is...Can we assume we will get a market rally before next fridays option expiry date since the market makers will try to kill the many puts ?

I am no expert in the market makers position in retrospect to option expiry date. So I ask you if you know.

Can anyone recommend a good options newsletter ?

Thanks in advance