BA poping out of nice flag today.  Can move higher from here

this is So true.  I think corn is in for collapse too just like oil.

Thank you I think today may mark the reversal.  lets see how we end the day.

DBO is a much more stable structure than USO.

Honestly no one know what to expect in short term but I think in long term in 1 to 2 yr we are going to have massive inflation and oil will be at 100.00.  BTW that contract is is now in pennies.

few weeks ago when you saw wti at 18.00 that is when USO was rolling forward.  However they hold 25% of the may and June contracts.  So It is likely that it blows up today.  You will only find out after hours.  Fed pumping in so much money is going to lead to a massive inflation spike if they can't control it and that is when you want to be in oil.  XOM, RDS, CVX etc.  Not just yet.  if you want to invest in oil fund.  Wait for thing settle refineries to open and  then you want to buy DBO which is not limited to owning only font one or two months oil contrats.

what are you screening for  or when you say turn do yo mean turn higher.  I felt like we are close to making  a top and could turn lower as almost all the good news is out.  restarting, Drug found, lower cases.  How the tsunami of bad numbers and lower guidance.

Nice alert thanks very timely.  

If I pull back to 60 min view this looks like it is just resting up for next leg higher.  There is no significant divergence and RSI 14 staying above 50.  changes are this breaks up as each high in 10 min view is higher high since the gap down and each low is higher low.

so what does it tell us Up or Down.

So what made you take short trades and not long trade today? Thank you for sharing this.  I have been trying with very limited success to day trade.  Also on your first trade what made you hold the first trade when you got that bounce.

sorry for your loss my prayers and sumpathies with you.

so the more l look at SPY, QQQ, IWM on 60 min view the more it feels like this is 4th wave of the 5 wave pattern.  what would be the sell trigger if this is 4 and we are entering 5.

Money Market fund are saftest in 401K

Matt / Steve and other members Now looks like a good time to put together a list of well funded companies that are at deep discount and could be generational opportunity.  I am looking for good solid contributions for potential buys once sell off is done.  I will start it off.  Please reply and add this your picks.  I like LVS, WYNN, XOM, KBH, LEN, AMRN

I think this move is good till end of day tomorrow before we could start another let down to me this looks like an accelerated 5 wave pattern we are in 4 now with 5 to come.

I was able to get some 27 calls on the cheap.  lets hope can give me some more gain before tomorrow.

Steve / Matt would be looking at you guys for guidance and trades on this market. Even if it is opinion  would be nice to know what your thoughts are as the day developes.

I have VIR for it bought it on monday

Is there a second entry on SPY system