CCJ Updated

Posted by steve on 17th of May 2024 at 10:30 am

Matt, would it be possible

Posted by bulf6285 on 17th of May 2024 at 10:28 am

Matt, would it be possible to drop PDCO into a Kiss chart? Curious to see how it looks on daily and weekly if possible.

Thanks 


Meme stocks ... it's all

Posted by mla127 on 17th of May 2024 at 10:04 am

Meme stocks ... it's all fun and games ... until you're the ones holding the bag ...    ... it's not a loss...  It's called trading tuition ....  we all have to pay it at some point   

COST ... with yesterday's candle,

COST

Posted by mla127 on 17th of May 2024 at 10:00 am

COST ... with yesterday's candle, I was expecting a follow through so I raised my stops on the remaining pieces ... but so far so good ...  keep on shoppin' folks ... load up that cart like there's no tomorrow as Costco shoppers seems to be doing every time I drive by one of them  ... 

IREN, TMDX

Posted by matt on 17th of May 2024 at 09:55 am

IREN - Chart Link- excellent pick by MLA the other day, wasn't shown in last night's newsletter, was in my Monday newsletter but I wanted to give kudos to MLA127. 

TMDX - Chart Link- some of these trade ideas that triggered 2 and 3 weeks ago continue to trend higher, simply trail those stops up

LU still one to watch, tightly coiled

Posted by matt on 17th of May 2024 at 09:50 am

LU - Chart Link- idea from Monday that hadn't triggered yet

VIX 2hr and daily

Posted by matt on 17th of May 2024 at 09:40 am

$VIX - Chart Link- some nice divergence on the MACD via 2hr time frame

$VIX - Chart Link- the daily had RSI 5 divergence

Today is Options Expiration Friday

Posted by steve on 17th of May 2024 at 08:55 am

Today is Options Expiration Friday

SPX 120 Map Updated

Posted by steve on 17th of May 2024 at 07:57 am

$SPX - Chart Link - the corrective view still remains a possibility depending upon the depth of the pullback (see Fibs)

Thursday Newsletter

Posted by steve on 16th of May 2024 at 06:01 pm

NAIIM exposure index actually dropped

Posted by rbreese on 16th of May 2024 at 05:39 pm

NAIIM exposure index actually dropped a little 91 to 89 area so people not fully invested yet around 105 area. 

You would think there are

Posted by DigiNomad on 16th of May 2024 at 04:29 pm

You would think there are a lot of instances since October 27th when the RSI 14 has been at this level...I know I did. Turns out, not so much. Rare readings after what was essentially a V bottom.  

I want to create an indicator that automatically overlays QRA announcement dates. Pretty wild what they have done over the last year and it's likely to remain the all important secret sauce for future currency dilution rallies.  

They really should rename QRA to something more honest. I mean, why not just call it what it is - the Quarterly Dilution Announcement (QDA)? They literally tell the market exactly how much they plan to dilute and the market reprices accordingly. 

ES breakout system

Posted by matt on 16th of May 2024 at 04:20 pm

As you know, mid day I sent out an alert that I was exiting 1/2 of the open MES breakout system trade. ES is about 25 points lower from that exit, too early to say if wave iv has started yet but it also could have.  Still have an open contract of course with stop in place above entry

  

Just need a little ramp into the close .... we ...

Posted by shellson2 on 16th of May 2024 at 04:11 pm

  

a RED and daily bearish candle .... that's it .... i'm filling a complaint ... this is unacceptable 
https://help.sec.gov/s/investor-complaint

Just need a little ramp

Posted by mla127 on 16th of May 2024 at 03:54 pm

Just need a little ramp into the close .... we can't close red ...  come on skynet ...  

Mag 7 insider selling, just

Posted by foody518 on 16th of May 2024 at 03:51 pm

Mag 7 insider selling, just saw this table in a ZH article, source from Bloomberg

Spike and fade URA and

Posted by ruidoso on 16th of May 2024 at 03:49 pm

Spike and fade URA and CCJ?????


Coin--rumors swirling that CME Group with get into the crypto game

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