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200sma

Low Risk Weekly DIA Credit Spread (5% gain on capital invested)I'm looking to enter a Put Credit Spread on DIA with the goal of collecting $5-$6 worth of credit per contact with a $1.5 wide spread. I'll be holding till DOE with the intention of growing capital invested by a minimum of 5% for the week. -Current price is: $308 -Credit spread sell strike: $290 -Current price to sell strick: 6.2% -Is price trading above 50 day SMA?: Yes -Is price trading above 200 day SMA?: Yes -Percent OTM if held to DOE upon entering, is: 92% - 94% of being OTM if held to DOE -Technical analysis: DIA is trading above 50 and 200 day SMA which signals that we are in an uptrend. Our sell strick has been placed below .382 (292.5) fib retracement level. This price zone has held as support in the past I'm looking for it to hold again this week. Let me know what you think. Have a nice day.
AMEX:DIA
by zzMOTTS
US OIL weekly outlookUS oil saw a major boost after a surprise announcement from Saudi Arabia to cut production. Followed by a boost at the end of last year due to expectation of vaccine for COVID-19 to open economies and increase demand. While the outlook for oil remains unknown, OPEC+ countries show the desire for higher prices even at the cost of losing production. On the technical side we are at the important level: Coming to 200SMA and retest of the broken uptrend line signals consolidation with potential to break to the upside later. Biden's administration is still an unknown with regards to foreign policy and US relations with OPEC+ countries. Potential to look for patterns next week on smaller time frames for intraday trades, updates will follow during the week. Please support the idea and share your thoughts on US oil! Good Luck and Stay Healthy!
TVC:USOIL
by Antonio_trader
4
NQ Power Range Report with FIB Ext - 11/11/2020 SessionContract - CME_MINI:NQZ2020 - High - 11654.75 - Low - 11584.00 Current Stats - Gap: = +0.07% - Session Open ATR: 316.37 - Volume: 42k - Trend Grade: Neutral Key Levels (Rounded - Think of these as a range) - Long: 12440 - Short: 10950 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQZ2020Long
by mv3trader5
1
NQ Power Range Report with FIB Ext - 11/10/2020 SessionContract - CME_MINI:NQZ2020 - High - 11901.25 - Low - 11850.00 Current Stats - Gap: = +0.13% - Session Open ATR: 318.89 - Volume: 63k - Trend Grade: Neutral Key Levels (Rounded - Think of these as a range) - Long: 12440 - Short: 10950 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQZ2020Short
by mv3trader5
NQ Power Range Report with FIB Ext - 11/5/2020 SessionContract - CME_MINI:NQZ2020 - High - 11839.75 - Low - 11774.25 Current Stats - Gap: = N/A - Session Open ATR: 301.24 - Volume: 44k - Trend Grade: Neutral Key Levels (Rounded - Think of these as a range) - Long: 12090 - Short: 10950 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQZ2020Long
by mv3trader5
NQ Power Range Report with FIB Ext - 11/4/2020 SessionContract - CME_MINI:NQZ2020 - High - 11345.25 - Low - 11244.25 Current Stats - Gap: =0.14% - Session Open ATR: 302.44 - Volume: 138k - Trend Grade: Neutral Key Levels (Rounded - Think of these as a range) - Long: 12090 - Short: 10950 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQZ2020Long
by mv3trader5
NQ Power Range Report with FIB Ext - 11/2/2020 SessionContract - CME_MINI:NQZ2020 - High - 11069.00 - Low - 10982.00 Current Stats - Gap: -0.48% - Session Open ATR: 272.83 - Volume: 25k - Trend Grade: Neutral Key Levels (Rounded - Think of these as a range) - Long: 11600 - Short: 11040 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQZ2020Long
by mv3trader5
NQ Power Range Report with FIB Ext - 10/29/2020 SessionContract - CME_MINI:NQZ2020 - High - 11200.75 - Low - 11166.25 Current Stats - Gap: N/A - Session Open ATR: 265.35 - Volume: 34k - Trend Grade: Neutral Key Levels (Rounded - Think of these as a range) - Long: 11600 - Short: 11040 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQZ2020Short
by mv3trader5