Thanks, Steve.

Re AAZZF / AAZZD, I, also just have it shown as 002209104 with Schwab (still, as of today).  

Matt, thanks again.  I appreciate all that info and guidance.  I'm asking a different, simple question.   I'm just asking what it means for a DVT to be "hit."   E.g., is a daily DVT hit if the DVT value is hit intraday or does it require a close under it?  I'm not saying I'm going to religiously get out the second the price is touched -- that's what I was attempting to explain when I first posed the question -- but you need some kind of objective criterion to determine whether the DVT has been hit in order to, e.g., measure consecutive DVTs being generated without being hit.  That's what I'm asking about:  what, for that purpose, it means for a DVT to be "hit."

Matt, thanks -- apologies for not being clear.  I appreciate the art of all this and the need for people to have an approach that makes sense for them.  I was just curious what you use for purposes of tracking these DVTs and what you mean when you talk about them being hit.  I.e., for that purpose, or any others you see fit to share, what does it mean for a DVT to be "hit?"  Is it intraday (or intraperiod, in the case of the 2-day) or something else?   That's all I'm asking about in this case.

I completely get that in terms of actually making this actionable, it's on the trader, and I didn't mean to make you type out all that again.  I've been tracking your explanations of various approaches and appreciate the time you've taken to do so to help us out.

Matt, thanks for the new DVT table.  Always appreciate all the means around here to track things consistently and in a clear way.  Can you clarify what it means for a DVT to be hit?  Does that require a daily close below it or just for price to touch it intraday?  I know that in practice, you've encouraged sometimes using a little judgment and discretion in terms of using the DVT to exit (e.g., if the 50-day SMA was right below it, etc.), but I'm curious what it means in this context.

No restrictions on AAZZF here (Schwab).

Thanks for the innovation and hard work, Matt.  Those should be very useful.   I know there are scope creep concerns, and this usually has high correlation with the S&P 500 (I believe), but DM ex-U.S. (e.g., VEA or SPDW) /or its two main constituents, Europe (e.g., FEZ) and Japan (e.g., EWJ) would be interesting, at least to me.   That, along with EEM, would cover most of the world.  I remember that rundown you did of all the country / regional ETFs and it was interesting.

FYI re the discussion of China stocks.  Here is Wisdomtree's emerging market ETF that excludes SOEs.  Heavy weightings in large Chinese tech names.  At bottom of large channel going back to pandemic low and at a decent support level.

Many thanks for everything on the systems.  Much-appreciated.

What else is in your "no fail chart" toolkit?

Awesome, thanks.  Appreciate all you guys do around here.

Great stuff, Matt.  Thanks for all the great guidance.  BTW, this seems as good of a place as any to ask ... Steve regularly tells us to have a plan, which I wholeheartedly agree with.  Especially in light of the frequency and significance of that directive, it would be incredibly helpful to have a guide or a video focused on trading plans.  I appreciate that they can vary widely, depending on style, and we have people doing everything from scalping to just trading their 401(k)s here, with everything in between.  Putting some meat on what that means, though, in terms of granular guidance, key elements, what degree of granularity should be in the plan, and, especially, at least one sample plan (not to be blindly followed, but to illustrate what works for someone, etc.), would be a tremendous help to many, I'm sure.  Definitely me.  (I know there are a ton of books out there on establishing plans, but I've found many of those reflect that particular author's style, and I'm curious what works for you guys and what you recommend.)

Late to the party but I want to echo those compliments re the interesting and educational content in last night's newsletter, Steve. Thanks much.

Thanks, Steve -- appreciate it.

Matt or Steve, would you be able to take a look at emerging markets one of these nights?  Curious how you see the technical picture and where DVTs are at.  Thanks; appreciate it.  

Can't find it now but thanks to the person who shared CLNE yesterday.   Setup looked great.  Made 43% on the position in one day, exiting at $13.83.  Now in again.  

Thanks for the systems trades and the updates, including giving updates on both entries (SPY and the SPY option).  If one was options-constrained (e.g., in a tax-deferred account that didn't allow option trading), would a leveraged ETF be a reasonable substitute (with an appropriate stop)?  I know the R/R profile is, or can be, substantially different, and believe that in certain systems/cases you have a third entry with a leveraged ETF.  I appreciate that some reversion to mean trades will just get crushed in a crash scenario.

That's one thing I've always found tricky about multiple timeframes.  On the daily, it's just a retest of a breakdown from the falling wedge that may or may not succeed.  On the weekly, it's a close within the wedge.  I've found the higher timeframes often are respected, but unless and until that occurs, you are sitting there with a clear breakdown on the daily, and it's then a question of how much leash to give it.  Makes it tough to define risk. 

Thanks for the great system trade and all the updates, Matt.

Thanks for tracking that system trade, Matt -- pretty nice one here.