All right, folks. So as of this recording right now the indices are getting hammered, we get the s&p down 70 points here at 4385. We got the NASDAQ down 300 points at 13 700. We’ve got the Dow down 400 points at 34. Spot 700. Now, this has gotten a lot of people spooked, a lot of people scared, they don’t know what to do. And frankly, it is on the sidelines. And being on the sidelines is not a bad things being in cash is a position I’m sure you’ve heard that. Now, aside from that, there are lots of other opportunities going on if you know where to look. And I always go back to one of my bread and butter strategies, which is the three ES code. So very simple mechanical 123 chart pattern. As you can see, we just got a new buy signal flashing here on the screen. But all of these bots on the chart where you see this bag of Skittles, right, red, blue, line green, dark green, are all potential setups using the three s code based off the simple 123 methodology. Now, you’ll go back here and see all kinds of setup throughout the day here. This short here this long here this long here, all throughout the day, rinse and repeat just ebbing and flowing with the market now, you don’t have to trade s&p, you can trade any market you wish. Here is the same indicator on crude oil. Here is the same indicator on the 30 year bonds and you can see trades over and over again. Regardless of what market you may be trading and what’s cool is that this is a non repainting indicator. So if you if the 610 two if the 610 tick is too fast for you, you can go to the five minute you can see a short on the yen long on the yen long on the yen. If we go over back to say crude oil here we have a long trade here from 40 up to 4104 40 to one to 540 as 90 cents or $1. Here we have a short from one to 370 has had a move down to 102 35 on crude. You guys do the math on that 30 year bonds here 140 10 down to 139 20. Here we are 139 20 up to 139 30. This happens all day every day across intraday timeframes, intermediate swing timeframes, and longer term timeframes. And across Stocks, Futures, currencies, Kryptos. Anything that can be charted, it’s all based on very simple price action, the ebbs and flows of the market. And this is not going to change. In fact, this is the bread and butter strategy that I’ve been using for almost 20 years and I’d like to share this with you in my upcoming presentation on Friday, April 22 at 11am Eastern we’re going to be talking about this exact strategy and setup. It is a go to chart pattern it really is is a bread and butter setup. I’m going to hyperlink you to this page. All you got to do is click the orange button, and I’ll look forward to seeing you there.
Technical damage done
A lot of technical damage done today across the board….however these types of moves can set up some absolutely beautiful trade ideas for the rest