CHAOS CLINIC RECAP





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     S&P Catches a Virus
     Impromptu Chaos Clinic for 1/31/2020
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Last night in my weekly email I said:

This week the S&P sank lower on Monday, then rallied into yesterday;s
FED FOMC meeting, from where it sold off until late today, when it staged
a late rally on news of record Holiday sales at Amazon. Pretty wild.

Despite the rallies, I do think the corona virus is a big deal, especially
given the timing by the Saturn/Pluto conjunction. The next three weeks
will provide a clearer picture. With the second largest economy in the world
stalling, the economic impact world wide could be huge.

So I was alert today to see if the S&P turned down. When it did I posted
this hourly chart. To me it says the S&P has caught a virus. It looks to have
made a major change in trend.

For more on my work, see Moneytide.com



Below is one of the SPKISS charts from daytradingforecasts.com
and the chat room comments from this Chaos Clinic. Most recent comment is on top.



1/31/2020 1:54:02 PM MT qq:: Meant so much for a bottom
1/31/2020 1:53:25 PM MT qq:: So for a bottom
1/31/2020 1:43:40 PM MT Al****:: FWIW: Secret->esNat360 chart volatility forecast and price are tracking-showing down rest of day
1/31/2020 1:25:51 PM MT Al****:: https://www.investopedia.com/terms/t/tick.asp
1/31/2020 1:04:17 PM MT Kob:: qq what are "TICKS"?
1/31/2020 12:37:53 PM MT qq:: Just about ran out of hope for any up till now re bottom. But with strong upturn we may be coming off the bottom. Overall TICKS have been up since 1:40EST
1/31/2020 11:27:13 AM MT Al****:: I'm done-one good trade is enough; thanks for coming; see you next week; take some courses
1/31/2020 11:09:24 AM MT Al****:: FYI: I just covered the short in MES shown on the AUX chart as a MoonTide day trade covering next trade time
sold 5 average 3266.35
bought 5 at 3234
good for about $808
may be more but long in SH EFT to get the longer move
1/31/2020 9:19:42 AM MT Al****:: glad you got your charts. C is much lower. added some text to the AUX page chart.
1/31/2020 9:11:42 AM MT qq:: Looks like were now at the C on the AUX page
1/31/2020 9:04:52 AM MT qq:: QQ Thanks Al. XGO came thru. Probs were on my end.
1/31/2020 8:18:19 AM MT Ted:: Thanks, Al, for the Chaos Clinic. Good luck everyone.
1/31/2020 8:13:45 AM MT Al****:: posted chart on AUX page
1/31/2020 7:57:27 AM MT jvj****:: Good morning everyone.
1/31/2020 7:43:17 AM MT Al****:: qq - checked on your xgo charts; they did get sent properly yesterday and I did resend them -let me know if you got them
1/31/2020 7:14:37 AM MT pst****:: Al is taking the day off.
1/31/2020 7:14:13 AM MT Al****:: GM all -good luck today
guess I'm not done with all the technocrap cleanup
will look into it
1/31/2020 6:15:10 AM MT qq:: Hello Al. I ordered an XGO last night for Bentley, byt it hasn't come to my email yet. Thanks in advance for checking on this.
1/31/2020 1:07:16 AM MT JEA:: Hi Al. The moontides datafile for January 2020 is not updated. The datafile still is the december 2019. Jea

9:00 Eastern-System: No comments


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