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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 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

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

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 to UNG post

UNG logical pullback from that 200 day MA

Posted by matt on 23rd of May 2024 at 10:49 am

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

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

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