Hello everyone, here's tonight's newsletter CLICK HERE, please take the time to review because I discuss some important administrative things such as our SPY Mechanical Systems, Ditto Trade, as well as Weekly ETF Mechanical Systems that I am going to be adding to the website that may particularly interest many of you who are busy with jobs etc
enjoy the rest of your evening,
Matthew Frailey
moving average expansion - what Steve and I talk about all the time - for the last couple of months all the MA's have been bunched up, (the 9 EMA, 20 MA, 50 MA), that's a time when the potential exists for a stronger move to occur - basically it's been in consolidation, so hopefully will come out and trend - when you see the 9 and 20 start to expand up and get distance away from the 50 and the 50 also start to curl up, that's expansion. Think about it like a wave, view the MA's as waves. then once the MA's expand, you look for them to act as support or resistance on pullbacks depending on the direction
Hello everyone, here's our comprehensive free market newsletter with our thoughts on the recent market action, trade ideas, and education:
CLICK HERE to view the newsletter
$GOLD - Chart Link - in last night's newsletter I discussed the monthly chart of gold, I added annotations to my chart to reflect what I discussed. Have to see if the MACD is crossed at the end of the month
$GOLD - Chart Link - short term daily - gold is up 6.5 today, but I'd still use some caution with yesterday's doji -today's move so far is not taking that doji out yet and it's early yet so anything goes today
Hello everyone and happy Monday, here's a newsletter I sent out over the weekend to my subscribers at Breakpoint Trades that focused primarily on the precious metals sector. I actually had 3 weekend newsletters (one on general commodities, on one precious metals and gold, and one on the general market). I give a lot of good swing trade ideas in this newsletter as the moving averages on many of these are aligning to the positive side as discussed in our recorded 5 1/2 hr tutorial
CLICK HERE to see the newsletter
otherwise so far the general market is NOT starting off January well
Matt
Hello everyone, here's tonight's newsletter, once again there are quite a few charts and the audio portion is longer than average, however this newsletter (like the previous 2) contains a lot of educational content, so it behooves you to take the time to listen, plus there's some nice trade ideas as well.
CLICK HERE to view the Newsletter.
Also our 25% membership sale ends in 3 days
$WTIC - Chart Link - amazing sell off this year, testing the long term trendline now. We may be close to a bounce, however I still feel like we may need a short term capitulation where price sells off strongly in the morning and and goes below this line, and bounces back intra day to form a hammer - we need a washout in this market to rinse out the weak remaining longs and bottom pickers.
Wow, Crude Oil is nearing the long term trendine going back to 1998, that trendline is probably a magnet in the short term.
Price close just above the ATR trialing stop indicator today, remember last week I mentioned how far price was above it, it was too far, now it's come back to it, will either act as support or slice through it. However you can think of the ATR like a MA, when price gets too far from it, it will always be reeled back in.
a few other comments: notice that the 60 stochastic closed just above 80%, the 80% area can act as a support level at times. Also the 14 RSI is near 40%, that's also an area to monitor.
again we have that open gap below as well, maybe we fill that then try to bounce, if not then will get uglier
HMY - Chart Link - here's some that I've had in recent newsletters, I like to keep an eye on the moving average configuration, that's a concept taught in the tutorials, I commented how it had went positive on HMY last week, here's some others that I have commented on
GFI - Chart Link - weekly MA configuration is bullish, big pop today
AUY - Chart Link - the MA configuration has not turned positive yet, but it's something to monitor if it starts to turn up
GOLD - Chart Link - keep an eye on the MA config
AGI - Chart Link - one I mentioned last week
AG - Chart Link - one I mentioned last week
AR.TO - Chart Link - one I mentioned a couple weeks back, watch for a higher low
Hello everyone, I hope all is well, here's my free market newsletter! By the way, as you know last week when I emailed you my free Wednesday newsletter, I accidentally sent you a bad URL, many of you wrote in to let me know Anyway this URL works just fine. The market has had a nice sell off since last week Monday when I sent out my newsletter warning you about the market. Click the newsletter below to see my thoughts now:
CLICK HERE to View the Newsletter.
also see our end of year sale below:
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End of Year Sale 25% Off 6 month membership!
Also it's now Dec 15th, and I'm having an end of year sale for Breakpoint Trades. Here's a coupon code for 25% off our 6 month membership! 354FD7FE
Just enter the coupon code above on the payment form when you sign up. This ONLY works for our 6 month membership!
Remember besides our newsletters we have powerful mechanical systems that come with membership such as our SPY Professional System, which has an amazing 96% winning trades and closed out a nice winning trade last week! CLICK HERE to read about this system
We have powerful trending indicators like our BPT MA Deluxe, which has been awesome at catching trends - just look at these returns CLICK HERE
So take this opportunity to signup and use this coupon for 25% off!
hope to see you as a member!
Matthew Frailey
Hello everyone, here's my free market newsletter. We feel that caution is now in order pertaining to the market.
CLICK HERE to view the Newsletter
$WTIC - Chart Link - hello everyone, here's a followup to my weekend newsletters where I discussed crude oil. Today crude oil had the largest bounce in over 2 years, however that's coming off the largest selloff from last week in years. Anyway as you can see from my monthly and weekly charts, crude oil bounced off the uptrend support line from 1998 that I had in place
