TradingView ES - remember earlier I said if we lost that support
around 5305 there was an air pocket to the next support zone range,
that's one reason price dumped hard was losing that support,
tagging the upper part of that next support zone here at the
lows
$SPX - Chart Link- it's only Thursday but
should the SPX close with a doji by Friday's close, you have a
setup here for a MACD KISS / Stochastic overbought short setup for
next week. The trigger would be taking out the low of the doji with
immediate stop at the high
SPY - Chart Link- here's the setup on SPY
weekly - again the setup would be 1 penny below the doji, with stop
1 penny above the doji high
SDS - Chart Link- for weekly SDS -2X ETF, the
setup is the same but for a long 1 penny over the doji candle and
stop 1 penny below the low
like I said this morning about our call for a muted NVDA
reaction, which played out. Digi you were way too conservative
going all the way out to 1300, I just didn't see that happening.
But selling calls was the best, or selling puts. As I commented
this morning, short term call buyers were likely screwed because of
the high premium that was backed into the call options so even
though the stock goes up, they don't make money or can even lose as
all that premium comes out tomorrow. But that high premium
was great for selling calls or puts - I just wouldn't have went all
the way to 1300. Anyway free money for ya!
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yep! AAPL's shoulders got tired
NVDA be like .... come on slackers ... can't always ...
Posted by matt on 23rd of May 2024 at 03:00 pm
yep! AAPL's shoulders got tired - NVDA is trying to hold the market now LOL
warning: politically incorrect image, don't look if you are woke and easily offended LOL
Dow Weekly triggered, so did SDOW
Posted by matt on 23rd of May 2024 at 02:52 pm
$INDU - Chart Link- triggered by taking out that candle low, stop goes at highs
SDOW - Chart Link- same with SDOW
Update: AAPL short follow up
AAPL short follow up
Posted by matt on 23rd of May 2024 at 02:49 pm
AAPL - Chart Link I love it when a plan comes together!
Just call me me Hannibal
TradingView ES - remember earlier
5/31ES Levels June Contract (ESM24)
Posted by matt on 23rd of May 2024 at 02:38 pm
TradingView ES - remember earlier I said if we lost that support around 5305 there was an air pocket to the next support zone range, that's one reason price dumped hard was losing that support, tagging the upper part of that next support zone here at the lows
https://www.tradingview.com/chart/WVDTpjM0/
and remember that's a positive
ES breakout system
Posted by matt on 23rd of May 2024 at 02:35 pm
and remember that's a positive stop, it's ABOVE entry price. We took off 1/2 the position at much higher prices luckily to lock in some nice gains
yes the 5262 is getting close
VIX
Posted by matt on 23rd of May 2024 at 02:32 pm
$VIX - Chart Link- 2hr view
$VIX - Chart Link- that daily RSI 5 divergence playing out now
SPXU, SPX, SDS
Posted by matt on 23rd of May 2024 at 02:22 pm
SPXU - Chart Link-
$SPX - Chart Link-
SDS - Chart Link-
DBA continues to follow through
Posted by matt on 23rd of May 2024 at 12:04 pm
DBA - Chart Link- nice rally off that small demand zone
ES breakout system
Posted by matt on 23rd of May 2024 at 11:59 am
no changes - stop remains in the same place for now, still have the open 1/2 position long
IYT Transports - still very weak
Posted by matt on 23rd of May 2024 at 11:55 am
IYT - Chart Link- testing 200 MA
https://www.tradingview.com/chart/WVDTpjM0/
5/31ES Levels June Contract (ESM24)
Posted by matt on 23rd of May 2024 at 11:54 am
https://www.tradingview.com/chart/WVDTpjM0/
good thing BA doesn't make
BA - lost a wing
Posted by matt on 23rd of May 2024 at 11:49 am
good thing BA doesn't make automobiles LOL
ha ha you beat me
UNG ... Natty pulling another massive pop ... Inventory ...
Posted by matt on 23rd of May 2024 at 10:50 am
ha ha you beat me to UNG post
UNG logical pullback from that 200 day MA
Posted by matt on 23rd of May 2024 at 10:49 am
UNG - Chart Link-
AAPL short follow up
Posted by matt on 23rd of May 2024 at 10:46 am
AAPL - Chart Link- nice pullback from that wedge into that resistance zone I posted the other day
AAPL - Chart Link-
PAAS logical pullback from that weekly supply zone
Posted by matt on 23rd of May 2024 at 10:43 am
PAAS - Chart Link- nice rally the last few months, logical pullback from this supply zone
10-Year tagging broken channel line, a breakpoint
Posted by matt on 23rd of May 2024 at 10:36 am
$TNX - Chart Link-
SPX, SPY, SDS weekly - watch for MACD KISS / Stoch
Posted by matt on 23rd of May 2024 at 10:20 am
$SPX - Chart Link- it's only Thursday but should the SPX close with a doji by Friday's close, you have a setup here for a MACD KISS / Stochastic overbought short setup for next week. The trigger would be taking out the low of the doji with immediate stop at the high
SPY - Chart Link- here's the setup on SPY weekly - again the setup would be 1 penny below the doji, with stop 1 penny above the doji high
SDS - Chart Link- for weekly SDS -2X ETF, the setup is the same but for a long 1 penny over the doji candle and stop 1 penny below the low
like I said this morning
Nvdia tonight ....
Posted by matt on 22nd of May 2024 at 07:08 pm
like I said this morning about our call for a muted NVDA reaction, which played out. Digi you were way too conservative going all the way out to 1300, I just didn't see that happening. But selling calls was the best, or selling puts. As I commented this morning, short term call buyers were likely screwed because of the high premium that was backed into the call options so even though the stock goes up, they don't make money or can even lose as all that premium comes out tomorrow. But that high premium was great for selling calls or puts - I just wouldn't have went all the way to 1300. Anyway free money for ya!
ES futures
Posted by matt on 22nd of May 2024 at 02:58 pm
perfectly tagged that last support bounced
https://www.tradingview.com/chart/WVDTpjM0/
below that area however you have a big air pocket to the next support