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The Extreme Turn showed up on the Gold Futures Contract near a KEY SR Level . The last time we got this setup price rallied 175 per contract to our current SR Offer Zone 1940-1955 in 37 days. Now the Extreme Turn fired as we approach the Bid Zone again with targets near 1840 for part and Extended Targets to 1945 on the balance. OPTIONS TRADE can be expressed...

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the Extreme Turn Buy signal comes in at a key support zone. CVX showed an impulse move from %83 to $95.50. The initial Ext Turn buy produced a nice winner and now we're back at the key level as the markets trade to new highs. Could pull in to till the $85-86 Gap then go. Looking for 4% move to High to High trendline then 13% to $100 on a 1 to 1 move from the...

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After a MONSTER win on Slack ( WORK ) now we're on to a new horse - WKHS . We'll keep this analysis long and simple. Ha! We're buying stock (avg 19.70) and Jan 20C ($3.00) at this gap down to the T-Line following an Extreme Turn on the 4H.

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We're taking profits in the Solar ETF ticker TAN following a rapid run from an Extreme Turn BUY on Dec 16. Aggressive traders might look at initiating a tactical short on the Extreme Turn SELL signal that triggered our exit. The two largest components of TAN are SEDG and ENPH that both have charts that not surprisingly look the same as TAN and are both into areas...

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Gold charts generated an Extreme Turn BUY SIGNAL at a nice confluence of our tLine Trend indicator and prior structure resistance. We'll express this trade with options: GLD Dec 167 / 172 Bull Call $1.92 Debit We're also long the MGC Futures contracts

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this 3 hour chart shows the Dual RSI moving OB to set the resistance level and OS to set the support zone. A close above recent red dashed line resistance and we'll look for a move to the next resistance level. Trade Ideas: QQQ Call Options NQ / MNQ Futures swing trade with 40 - 50 point risk

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2H chart in GLD fires off an Extreme Turn Buy at 175. Targeting visible range POC 183 area. GLD OCT 177/183 Bull Call 1.70db As always, we keep the management of directional options simple: Risk = 50% of premium paid Target = 2x Risk

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Most retail futures traders hang out in the stock indices, metals, or energy primarily. This makes sense as those markets move on a daily basis. But tonight, we'd like to make a case for looking at interest rates products, specifically the 30Y bond. As volatility picks up, the bonds haven't really kept pace and instead have stayed within defined ranges, making...

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Against a backdrop of the broader stock indices that don't seem to want to spend ANY time, at ANY level (w/ the possible exception of the Russell 2000), today we forayed BACk into Bank of America using a dynamic support level that printed at 25.5. When breakouts or fades get tricky, we like to fall BACk (okay, stop me) to names that are staying inside a well...

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We can keep this one pretty simple. It's day #2 with an Extreme Turn sell/short on the SPY daily timeframe. The prior day was the first sell signal in the entire move since the March lows. There is absolutely nothing bearish looking in this chart. That said, we recall our adage at TDG - Markets' always look the most bullish at the tops. We're expressing the...

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For active traders, the market action in the metals has been tremendous over the past month. We posted a short idea yesterday in copper HGU2020. The market is higher than our entry. The 7-day ATR in the GC is over $55 and we saw a nearly 4% decline in today's session. BTC and cryptos followed along lower. We're entering a long position MGCZ2020 based on a Ext...

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Our favorite signals are with trend "stacked" signals which means we observe confluence or multiple cases for entry. We see that here with a long signal on the 6BU2020 2H that has triple relevance. #1 - Extreme Turn Buy #2 - Close to upward sloping T-Line (233 EMA) #3 - Structure relevance (potential support) looking left. We're long the 6B futures contract...

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The Extreme Turn has been finding turning points in copper HGU2020 with a high success rate on a hot streak of 5 winners in a row. Today we're seeing a 2.5% move higher in copper to just under $3 and using the ET Sell signal on the 2H to fade the strength. Can we keep the streak alive? Short HG 09-20 at 2.9790

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We're initiating a swing short 3375 MESU2020 on the double top retest here in the Friday session globex. Using the first extreme turn on the 2H since 7/29. No initial stop, targeting the 50 Fib bid zone at 3300. Small starter position so risk will be .03% of account. Another expression of the signal is synthetic short calls, shorting the ES and selling ATM ES...

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Markets look the most bullish at the top. It's splitsville across the NQ. Is AMZN next for a 10:1? Either way, we're getting short the QQQ based on an Extreme Turn Sell Signal in the 2H. Not ideal that we're seeing a cluster sell forming, but we're starting a defined risk position in the QQQ using Put Debit Spreads. QQQ AUG 273/267 Bear Put

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The ADX indicator measures the strength of a trend, not its direction. The mid part of last week AAPL was in "full bull" mode printing 23 consecutive bullish 30m candles in our paintbar study. We've included a legend on the chart indicating bars colors and the corresponding strength of a trend. The Extreme Turn Sell Signal that our strategy generated on...

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The financials have been laggards on the last leg higher in the S&P but we found a good recent entry point in BAC at $23 using the Extreme Turn (the "Money Point" indicator among friends). Signal expressed as Aug 25C for .65 and then spread today when the sell signal printed at 24.42. Holding the rest for gap fill above $25. We'd like to see price hold the...

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I put my thing down flip it and reverse it. The last two Extreme Turn signals have provided short term opportunities to trade around our core long WORK position. We have longer dated call stupids at the 33, 40, and 45 strikes in Oct. Shorter term we leg into diagonals or calendars or add to the position when we get signals. Both occurred in a very short...