Cycle Trading

[haha11]

SPX.....W......BEARs...three weeks...wave3dn...from APR.1/2024

https://schrts.co/XGDqKbAt

[haha11]

WGMI 30.....+ Daily....trend HH....not find daily... R1..yet...

30.
https://schrts.co/PYijbrAC
Daily...
https://schrts.co/qAQnpbbQ

[haha11]

BOIL........30......Look Like GAP FILL ....MAY HIT the hi 13.925 of the day ? ..OPINION

https://schrts.co/NtiesKGc

[haha11]

AMC....60.....+ daily...trend HH above R1.......look like bl....OPINION..

60.
...https://schrts.co/eQEIIcqm
daily...
https://schrts.co/ygTSpsPW

[haha11]

SQQQ......60.....Still climes...daily trend HH...

60...
https://schrts.co/ZiqHwHTR

[haha11]

BOIL....60

https://schrts.co/gQJQwpvq

[haha11]

XLB....60.....+ Daily...R1...OPINION


60
https://schrts.co/JdKttJUs
Daily.
https://schrts.co/wXkGvuGJ

[jaws57]

Stockcharts is having a 25yr anniversery sale. Buy 12mo get 2 free PLUS 25% off which that equals 3 months so end result is 5 free months for 12.
I always buy on Cyber Monday, they give 12mo + 4 free each year. But this is 1 month better and $359 price net out at $21.17 per month.

[dealerschool2006]

well nothing really bad is happening and #natgas still on it's way down...July needs to shed at least 15 cent which puts my target for $KOLD in mid 80s - low 90s ... then I experiment with futures...oh I just discovered $GAME...looking at 1.3 for a buyin...

[No-Quarter]

The slippery slope in front of the world tonight...

https://thehill.com/policy/defense/4602616-iran-threatens-change-nuclear-doctrine-israel-retaliates-nuclear-sites/

Iran is vowing a much harsher response should Israel retaliate. Haghtalab said Thursday that nuclear sites were protected and forces were “ready to counter any threats.”

“To respond to their possible action, we have fingers on the trigger to launch powerful missiles to destroy the identified targets,” he told IRNA.

[dealerschool2006]

I don't go to bed until 3 or 4 am on my days off and 5.0am on the days I work...I sleep through normal trading hours....I'm in $KOLD and will make a decision tomorrow morning whatever the charts are saying...I don't dismiss charts...I see certain events affecting the charts with my own eyes at the time the event is happening...

[spdpro]

add another to the hit list > 4962.0-

[No-Quarter]

Simply wait for tomorrow and look at the chart I provided you. Nothing more needed to make money.

Stop trying so hard and go back to bed.

[spdpro]

Yep roll out the propaganda machine

[No-Quarter]

CNN and FOX both now starting live reporting on this escalation.

The market 'Black Swan' may have just presented itself. GLTY

[dealerschool2006]

well Israel is attacking Iran...now what is pushing the charts from this event???

[dealerschool2006]

Actually this is what I have been doing...fundamentals AND charts...they go hand in hand and I'm getting better at it AND I'm getting in sooner on the reversals like that day or the next day...I've been holding KOLD because I'm waiting for 80s or above...I'm watching daily fundamentals and others who have neen doing this for a long time following #natgas...and I'm not going insane...plus I'm using many charts from many sources...and I'm using NG to gauge my $BOIL and $KOLD plays...every week on Thursday there is a report from EIA for NG and those reports are the catylist for the near term direction...thank you for this guide as well...I am bookmarking it...

[spdpro]

also seeing /CL going to $100 >
>> Straits of Hormuz closure >
Been there Done that in area > Desert Storm Shield >
That area is loaded with missiles

[spdpro]

I think so > RTH is going to be a slaughter house

[No-Quarter]

gap fill tomorrow....
then deafcon 5
Israel is likely going to bomb the nuke facilities in Iran...it has to now.

[spdpro]

add another to the hit list > 4980.29 (ST -1.5%)

[spdpro]

Futures Tumble, Oil And Gold Soar On Reports Of "Huge Explosions" In Central Iran, Israeli Airstrikes In Iraq And Syria

[No-Quarter]

Thx for the heads up. I see it now.

Could be blood in the streets tomorrow...

[spdpro]

night time Rat Raid going on

[No-Quarter]

Your trying too hard.

You will go insane seeking to closely corelate macro 'theory' with charts, and its the charts that matter to your bank account.

The below chart should work for you without a StockCharts subscription. It will open with the most current update, but remain static while open. Open it up once a day and look at it.

First look at the bottom section to see if the black M5 has crossed above the 0.0 line. If it has not, then the NatGas bottom is not in yet, and you can go back to sleep for another day.

Once the black M5 does cross above 0.0, then its time to start watching the middle section for the daily bars to start printing above the green 9MA. Simply buy when a full bar prints above the green 9MA, and sell when a bar closes below the green 9MA.

BUY when full bar prints above 9MA, SELL when bar closes below 9MA.

The percent gain between this buy signal and sell signal will be greater when the orange 65MA in the top section is above the 0.0 line. The percent gain between buy and sell signals will be greater still when the price action is above the blue 200MA. If you ignore all the macro BS and do what this chart tells you to do, you will be profitable.

Simply wait for the chart to present buy and sell signals, and get on with your life. GLTY

https://stockcharts.com/h-sc/ui?s=BOIL&p=D&yr=0&mn=6&dy=0&id=p61314148244

[spdpro]

well that mark just got hit >
OpEx Rat Trap
>> 5031.07 (MT -0.5%)
4980.29 (ST -1.5%)
4962.0- (ST -1.9%)
4950.21 (LT -2.1%)
4937.63 (MT -2.3%)

[spdpro]

NQ > looking for some possible clarity after this OpEx >
I have these CTA numbers marked >

And it's not just the Nasdaq: for the S&P emini, the next 5 sell triggers are as follows
5031.07 (MT -0.5%), 4980.29 (ST -1.5%), 4962.0- (ST -1.9%), 4950.21 (LT -2.1%) and 4937.63 (MT -2.3%)

[dealerschool2006]

I've been looking at future months and they were already higher last month and the month before and yet NG has gone down....this is what confuses me...#natgas is still on it's way down...I'm watching May Jun (which is higher than May) and July (which is higher than) June all day everyday...roll over from May to June is next week on the 26th and I expect June to be 1.75 by then...or lower...oh and May was higher than April during rollover and now May is down as well...

[No-Quarter]

Its a macro view of the market suggesting futures traders have decided NatGas has bottomed and contango is now occurring.

https://www.investopedia.com/terms/c/contango.asp#:~:text=Contango%20is%20a%20futures%20market,are%20lower%20than%20spot%20prices.

[dealerschool2006]

how does looking at month to month tell what direction #natgas is moving??? There is a glut in NG and Freeport is working on its system which when running completely may boos t the prices...https://boereport.com/2024/04/18/us-natgas-flows-rise-to-texas-freeport-and-other-lng-export-plants-lseg-data-shows/

[No-Quarter]

I saw this today suggesting QQQ has further to fall.

https://archive.is/www.zerohedge.com/markets/tech-verge-cracking-next-cta-liquidation-level-triggered-nvidia-semis-enter-correction

https://archive.is/EAJ7V

This is how I am playing it. GLTY

[Duma]

QQQ has now crossed over the 5% Pull Back line. SPY is close at -4.5%.

[No-Quarter]

BOIL's time to shine appears to be later this year.

Open this and scroll down the page looking at the month by month. GLTY

https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.quotes.html#venue=globex

[haha11]

WGMI......Daily....zig trend HH......looking for R1...to be form...OPINION...

https://schrts.co/qAQnpbbQ

[jaws57]

Took some profits on SQQQ got two pos each left SQQQ SPXS. Bailed on my KOLD for a loss this morning. Not going to wait for NG report 10Am to save me, coin flip anyway.

[Duma]

Got lots of time to get things done around the house.

[Duma]

I love this headline

IMF Warns Biden's Fiscal Profligacy Poses "Significant Risks" To Global Economy 'In Great Election Year'
Word of the day PROFLIGACY (never heard it before, not in any of my Beatrix Potter books)

profligacy [ prof-li-guh-see ] noun
* shameless dissoluteness.
* reckless extravagance.
* great abundance.

Next I had to look up dissolute since dissoluteness was used

Dissolute [ dis-uh-loot ] adjective
* indifferent to moral restraints; given to immoral or improper conduct; licentious; dissipated.
Synonyms: abandoned, wanton, debauched, loose, corrupt

Folks, that is the most elegant dress down I have see in a long time. Wow!! I guess the rest of the world is getting tired of our inflation driving their prices up also.

https://www.zerohedge.com/economics/imf-warns-bidens-fiscal-profligacy-poses-significant-risks-global-economy-great-election

[No-Quarter]

A co-worker of mine was traveling to visit a customer last week in Pasadena CA.

A double cheese burger, fries, and a coke plus tax at a local McD's was $30!!!

[No-Quarter]

Cash and on the sidelines is never a bad choice. Capital preservation is just as good as a gain.

I am swing trading a few inverse ETF's. Not with a lot of money though, not yet anyway.

Waiting/watching this pullback to better develop. GLTY

[Duma]

Could be for sure. I am in cash and happy with that.

SPY now down -4.3% form hig close of 3/27.
QQQ down -4.6% for 3/22 close

Pull back could stall any time or keep going. We will see.

[No-Quarter]

Yup, I'm thinking this is a good time to be short Bitcoin.

Let me know if questions with below charts. GLTY

[haha11]

(EE)FAS.....10.......market ...Booster....[color=red].look VIX daily....get trend LL. and Pull back....[/color]
10.
...https://schrts.co/uKSRaqxj
VIX......Daily...bears manager

https://schrts.co/EJIWzBeF

[haha11]

$VIX Daily retreat down market up now VIX Daily may trend LL below 17.63 at close.markt will be at green ??.????

https://schrts.co/EJIWzBeF

[haha11]

(E)UDOW....10.....FAS + VIX + SDOW....Market Most of the time prefer BL side.....OPINION..
look like UDOW RECOVER AND GET the AV VALUE SEE IT ..72.455 + Now look like cross the pre close yesterday

UDOW..10
https://schrts.co/SnYKjeRj
FAS 10...
https://schrts.co/kAgzDjpH

[spdpro]

>> Lots of OpEx positioning and games >
Next 2 days should be real interesting
Yep cash (SGOV) and a small SVXY load

[Duma]

Speaking of sliding, market is going down again today. Monday was a big down day, Tuesday was a rest, and now today. This should bring out a lot more sellers wihich will just keep the move going for at least a while.

Glad to be in cash.

[Duma]

Read an article that talked about how many ounces of gold it took to buy bitcoin. So I threw together the ratio chart. Interesting. Not sure what if anything I am going to do with it, but it does tell a story. Bitcoin is sliding and gold is zooming.

[haha11]

ADD.....UDOW... 72.30...LETS wait TILL DARK CLOUD PASS...?

72.455 AV.

[haha11]

UDOW....10.......Daily......trend HH....72.61....w.stop....
need to fill down GAP....get to far below GAP.......and next up...???? hope so
10.
https://schrts.co/TMRpBFDC
DAILY...
https://schrts.co/faXikeCv

[haha11]

$SPXU......Daily........R/S....Lines...

https://schrts.co/BkNPqRwN