SPXU - Chart Link- these had bullish setups on
their pullback, flag like, volume patterns etc. Also look at the
first moving average ribbon pinch/squeeze
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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SPXU, SQQQ
Posted by matt on 1st of May 2024 at 04:04 pm
SPXU - Chart Link- these had bullish setups on their pullback, flag like, volume patterns etc. Also look at the first moving average ribbon pinch/squeeze
SQQQ - Chart Link-
SPX 30 min
Posted by matt on 1st of May 2024 at 03:55 pm
$SPX - Chart Link-
good analogy
There was a time, mostly pre GFC, where nobody cared ...
Posted by matt on 1st of May 2024 at 03:47 pm
good analogy
PTCT follow up - nice move
Posted by matt on 1st of May 2024 at 03:31 pm
PTCT - Chart Link- long idea from Monday, I missed it unfortunately as I forget to set an alert
Update: SPX 5 min
SPX 5 min
Posted by matt on 1st of May 2024 at 03:30 pm
$SPX - Chart Link- updated 5 min view, obviously nice launch out of that base
Update: XLE nearing the 50 day MA
XLE nearing the 50 day MA
Posted by matt on 1st of May 2024 at 02:13 pm
XLE - Chart Link- note an open gap around the 89 area (89.6 fills the gap), and bigger support zone below around 200 MA and below
SPX 5 min
Posted by matt on 1st of May 2024 at 02:04 pm
$SPX - Chart Link
XOP, XLE, OIH
Posted by matt on 1st of May 2024 at 01:57 pm
XOP - Chart Link-
XLE - Chart Link-
OIH - Chart Link-
SBUX monthly, weekly, daily charts
Posted by matt on 1st of May 2024 at 11:13 am
SBUX - Chart Link - long term uptrend line on the linear chart comes in around 65, that is trendline back to the 2008 lows
SBUX - Chart Link weekly
SBUX - Chart Link daily
AMD
Posted by matt on 1st of May 2024 at 11:01 am
AMD - Chart Link-
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