XLE - Chart Link- it probably tries to have a
reactionary bounce off that, but otherwise the intra day charts are
pretty awful, so I don't think it bounces much off the 50 day
before going lower again
DBA - Chart Link- first target coming up -
price is likely to bounce off that MA, there's also an open gap
from March that is right in this range.
that said besides the 50 day MA there's no big support, so I
think DBA bounces off the 50 day MA but then may be prone to come
back down again or consolidate
!GT20SPX - Chart Link- that scenario I
postulated about 2 weeks ago where this would bounce up from the
lows #1 and make a lower high then come down again and make a
better low #2 may play out
$NYSI - Chart Link- as I commented last week
and Monday, this barely budged at all on last week's bounce and
Monday's bounce - basically didn't even try to bounce, showing the
potential for more weakness
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XLE nearing the 50 day MA
Posted by matt on 1st of May 2024 at 10:53 am
XLE - Chart Link- it probably tries to have a reactionary bounce off that, but otherwise the intra day charts are pretty awful, so I don't think it bounces much off the 50 day before going lower again
CENX busted that coil hard
Posted by matt on 1st of May 2024 at 10:46 am
CENX - Chart Link-
TMDX follow up
Posted by matt on 1st of May 2024 at 10:20 am
TMDX - Chart Link- long idea Monday, but unless you bought it yesterday (I didn't own it), gapped today on earnings.
Bitcoin lost that shelf support and BITI
Posted by matt on 1st of May 2024 at 10:15 am
$BTCUSD - Chart Link- lost that shelf support - we saw that coming a mile away well ahead of time
BITI - Chart Link- inverse ETF.
SBIT is the -2X inverse ETF
DBA and 50 day MA
Posted by matt on 1st of May 2024 at 10:13 am
DBA - Chart Link- first target coming up - price is likely to bounce off that MA, there's also an open gap from March that is right in this range.
that said besides the 50 day MA there's no big support, so I think DBA bounces off the 50 day MA but then may be prone to come back down again or consolidate
URA quite the recovery
Posted by matt on 1st of May 2024 at 10:10 am
URA - Chart Link- quite the recovery off yesterday's dump to the uptrend line of the coil
Steve and I are going
SBUX was de-caffeinated after hours
Posted by matt on 30th of Apr 2024 at 07:11 pm
Steve and I are going to put a virtual tip jar in each newsletter LOL
yeah well, the whole tipping
SBUX was de-caffeinated after hours
Posted by matt on 30th of Apr 2024 at 06:58 pm
yeah well, the whole tipping thing is just beyond out of control
https://www.theguardian.com/commentisfree/2023/aug/16/tipping-culture-in-the-us-is-out-of-control-were-even-asked-to-tip-self-checkouts
theguardian.com
Tipping culture in the US is out of control â weâre even asked to tip self-checkouts | Arwa Mahdawi | The Guardian
There are prompts to add around 20% for simply buying a pint of milk at the local shop or picking up a coffee. How can we stop this madness?
yeah INTC been gawd awful
INTC down 31% on the month...had to go back to ...
Posted by matt on 30th of Apr 2024 at 06:56 pm
yeah INTC been gawd awful - there's some demand support between 26.6 - 29, but that's just a hairs breath away from the 2022 lows
% Stocks S&P 500 above 20 EMA and NYSI 9 EMA system
Posted by matt on 30th of Apr 2024 at 06:53 pm
!GT20SPX - Chart Link- that scenario I postulated about 2 weeks ago where this would bounce up from the lows #1 and make a lower high then come down again and make a better low #2 may play out
$NYSI - Chart Link- as I commented last week and Monday, this barely budged at all on last week's bounce and Monday's bounce - basically didn't even try to bounce, showing the potential for more weakness
SPX 30 min
Posted by matt on 30th of Apr 2024 at 04:47 pm
$SPX - Chart Link-
almost everything had that wave
Pictures of traders waiting for the S&P at the 50MA......
Posted by matt on 30th of Apr 2024 at 04:43 pm
almost everything had that wave A, B lower higher look, not just the indexes, so I don't know what we even had any pushback on that favored analysis
Obi Wan, I mean Steve,
SBUX was de-caffeinated after hours
Posted by matt on 30th of Apr 2024 at 04:40 pm
Obi Wan, I mean Steve, taught you well LOL with this sense of humor
SLV silver
Posted by matt on 30th of Apr 2024 at 04:37 pm
SLV - Chart Link added a support/demand zone, perhaps that area and around the 50 day MA would be a good place to scale back into some SLV silver
KISS tables updated, emails sent
Posted by matt on 30th of Apr 2024 at 04:15 pm
https://breakpointtrades.com/sts_table/?search=BPT_basket
man...talking about the 'high life'
CGC big squeeze
Posted by matt on 30th of Apr 2024 at 04:14 pm
man...talking about the 'high life' LOL
BITI and COIN
Posted by matt on 30th of Apr 2024 at 04:11 pm
BITI - Chart Link- added a supply zone, first target area
COIN - Chart Link- added a couple of demand zone support areas
Bitcoin and BITI
Posted by matt on 30th of Apr 2024 at 04:00 pm
$BTCUSD - Chart Link-
$BTCUSD - Chart Link-
BITI - Chart Link- also if you needed leverage SBIT is the leveraged ETF. I simply used BITI however
XOP, XLE, OIH textbook B wave lower highs in C wave
Posted by matt on 30th of Apr 2024 at 03:46 pm
XOP - Chart Link-
XLE - Chart Link-
OIH - Chart Link-
Bitcoin and BITI
Posted by matt on 30th of Apr 2024 at 01:17 pm
$BTCUSD - Chart Link- not looking pretty, right on that shelf support- needs you cryto nuts to defend that level LOL
BITI - Chart Link- bitcoin short
SBIX is -2X ETF