ETF
play $FEZ for a bounceFEZ bounced right off the volume shelf where the POC is as well. It looks like it's going to have another V-shaped recovery after selling off heavily. Its RSI is oversold, and MACD looks like it could be beginning to turn around.
Overall the weekly chart looks good. It may be smart to wait for FEZ to crack $40.50 or $41 on high volume for extra confirmation.
One could argue that there was a morning star reversal pattern if you look at the candles of the most recent potential V-shaped bottom.
BTC Prices To Watch Coming MonthsMajor events
There are two major events that will happen the coming months:
1. The merge of Ethereum from proof of work to proof of stake will happen in Q2 (if not delayed again). Then many coins will be unlocked and will cause probably a supply shock. Also a buy the rumour sell the news may happen.
2. The SEC is expected to reach a decision on Grayscale's Bitcoin spot ETF by July 6. Will this event be a pump or dump event?
HGU: Confirmed MACD Golden Cross on a monthly basisSince inception in 2007, this ETF has lost more than 90% of its value and it seems nobody is looking at it.
However, there is no denying that this ETF has been performing pretty well while techs are failing pretty badly these days.
As we can confirm MACD Golden Cross on a monthly basis, we might be facing a great opportunity to be in.
We should be aware of the risk of this ETF as it is leveraged.
Otherwise you can crack the shell and see its holdings to directly invest - extra analysis for each stock is recommended.
List of Holdings as of today
BARRICK GOLD CORP 25.28%
FRANCO-NEVADA CORP 17.69%
AGNICO-EAGLE MINES 14.22%
WHEATON PRECIOUS METALS CORP 12.45%
KINROSS GOLD CORP 3.94%
YAMANA GOLD INC 2.98%
B2GOLD CORP 2.67%
SSR MINING INC 2.64%
ALAMOS GOLD INC 1.82%
PRETIUM RESOURCES INC 1.73%
USOIL: Divergence in the slow stochastics (monthly)We have already seen about 25% decline from the $130 top in March 2022.
However looking at the monthly chart, we might be in the middle of further decline.
Notice the divergence of slow stochastics indicated in the chart, so we should be aware of further risk of decline with a strong support around $65 area.
2 interesting facts as of today:
- Interestingly MACD of weekly charts of Crude Oil Inverse ETFs, say HOD, are showing a possibility of trend change.
- Crude Oil future contracts are in backwardation. (Yahoo! finance would be a nice tool to see this.)
$TUR Turkey bullish breakoutNice breakout here on Turkey ETF TUR and close above 30week MA
I'm long shares
Technically looks like Wyckoff accumulation pattern with "Spring" action in DEC and now entering phase D
Expect a little LPS pullback , but I remain bullish above 20 zone.
First target 24 zone, implies 30 , and a possible break there , well it's been resistance since JUL 18 so would expect a massive move there.
Will add size as the trade works and on a nice pullback.
XLF (Financial Sector ETF) - Support Bounce Hammer Candle - 1DXLF (SPDR Financial Sector ETF) price has bounced up from 0.618 fibonacci support on the daily chart.
Entry (long): $37.53
Take Profit +3% (exit): $38.66
Stop Loss -1.5% (exit): $36.95
Note: Many Finance related stocks have a similar pattern on either the Daily or 4-Hour charts. Could see an industry-wide bounce up if fibonacci support levels hold this month.
-BAC (Bank of America)
-WFC (Wells Fargo)
-C (Citi Group)
-JPM (JP Morgan Chase)
-MS (Morgan Stanley)
All content is Not financial advice. Trade at your own risk.
Reverse Head & Shoulders on Industrials ETF, Target at 208Chart Pattern/Trend Analysis
The main view of this trade idea is on the Daily Chart.
The Vanguard Industrials ETF appears to be in a Reverse or Inverted Head & Shoulders chart pattern setup which began developing over the last couple of months. The Left Shoulder is observed around the 182.30 lows in 28th January 2022. The Head of the chart pattern setup is seen at the 176.31 low on 24th February. The Right Shoulder is spotted at the 183 support zone for the ETF. The Neckline for the chart pattern can be constructed from the lower highs of 194.82 and 191.89 respectively. The completion of the Reverse or Inverted Head & Shoulders chart pattern setup is seen around the 208 price level. A negation of this setup will be known if the ETF falls below the Neckline.
Technical Indicators
The technical indicators support the bullish view of this note. The ETF VIS is above its 145-SMA on the Daily Chart. Also, in mid March VIS closed above the sell zone of resistance at the 192 price level to enter a new buy zone. The ETF is still in this buy mode. The Awesome Oscillator (AO) is above 0 and green, while the RSI is over the 50 level. There was some bullish divergence for the RSI, when VIS was making lower lows at the Left Shoulder and Head of the chart pattern setup, the RSI was making higher lows.
The intra-day trend following indicators of VIS also display uptrends in the 15-Min, 2-Hour and 4-Hour time frames. The near-term support zone for the ETF is observed around the 191.75 to 195.75 price range.
Recommendation
The recommendation will be to go long at market, with a stop loss at 192 and a target of 208. This produces a risk/reward ratio of 1.53.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes.
SPPP-SPROTT PHYSICAL PALLADIUM AND PLATINUM PROFITSI made good profits with this in a short time swing trading this etf. I loved it. Why mess with bitcoin crypto or even gold when I can make money with this.. Anyway. Now its in a bear trend and looking to get back into this etf if it shows some promise. As you know the prices for Palladium and Platinum have skyrockted and have done even better than gold . Catalytic convertors are being stolen from cars at record numbers everywhere thorugh out the nation. Watch this video for details. Give me a thumbs up and feel free to subscribe to show support for my TA videos.
Disclaimer
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post.
$SOXL Key Levels, Analysis, & Targets $SOXL Key Levels, Analysis, & Targets
So this is a 3x semiconductor ETF by request for @xianloon
Buy targets are in green.
Sell targets are in red.
And I’d expect 30-44% for this trade. So if you average down into it just set your sell order for 30% above your average…
Structure of the Trade:
1 at 36.42
1 at 31.76
2 at 28
4 at 22
8 at 17.63
(Times your multiplier (x10, x100 etc)
I might play this one with you
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#uranium $URNM $FIND Baselode +50%Baselode on the daily chart, solid green steps up
URNM entry buying combined with high grade exploration and small tight float equates to +50% in a month
IEF Long IdeaIEF (7-10 Year Treasury Bond ETF ) is hitting a monthly uptrend line which is very likely to cause a short term bounce. On almost all time frames, IEF looks oversold. We are long EIF. - HH
US 10 YEAR BONDunited states yield curve.
Is the yield curve inverted 2021?
Today, the U.S. yield curve is not inverted, but it's getting a lot less steep in recent months. There's a 42bps spread between the 10 year and 2 year U.S. Treasury bond yields today. In March 2021, the spread was triple that.11 feb 2022
L.E.D. In Spain on 28/03/2022
Reverse Head & Shoulders on USA Min Vol Factor ETF, Target at 80Chart Pattern/Trend Analysis
The main view of this trade idea is on the Daily Chart.
The US Minimum Volatility Factor ETF (USMV) appears to be in a Reverse or Inverted Head & Shoulders pattern setup. The Left Shoulder is seen around the 73 support level. The Head of the setup is observed around the 70.44 low on February 24th, 2022. The Right Shoulder is seen around the 72.50 support level. The Neckline of the chart pattern setup is spotted at the lower highs of 76.82 and 75.31. USMV has broken above this neckline and is heading towards the target of 80. A negation of this chart pattern will be observed if USMV crosses back below the neckline.
Technical Indicators
The technical indicators complement this bullish Reverse Head & Shoulders chart pattern setup. USMV is above its 50-SMA on the Daily chart. Also the ETF crossed above 73.85 resistance on the Supertrend indicator and is currently in a Buy mode. The Awesome Oscillator (AO) is above 0 and green while the RSI displayed some bullish divergence as the Left Shoulder and Head of the chart pattern was forming. The RSI is currently above 50, which is a bullish indicator.
The intra-day trend following indicators of USMV Index also display uptrends in the 15-Min, 2-Hour and 4-Hour time frames. Quite recently USMV crossed above its respective trend following indicator on the 2-Hour time frame, indicating an opportunity for investors and traders to enter a long position.
Recommendation
The recommendation will be to go long at market, with a stop loss at 74.40 and a target of 80. This produces a risk/reward ratio of 1.38.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes.
Bitcoin (BTC) Signals for 48% Upside With Target at $61,000It turns out that also today’s price action combined with the values of the indicators on the 5-day time frame gives conditions similar to historical signals of a strong Bitcoin move. Recently, well-known cryptocurrency analyst Eric Krown took a look at this development on YouTube. If the market behaves like it has for the past 12 months, the BTC price could reach the $61,000 area in about 42.5 days.
Bitcoin reached the all-time high (ATH) of $69,000 on November 10, 2021. After that, the price declined for the next 75 days to reach a bottom at $33,000 on January 24, 2022. BTC has dropped 52% since the ATH.
Since the January bottom, BTC has been in a sideways trend, with the price consolidating and higher lows appearing on the daily chart. For the last month and a half, Bitcoin has been in a fairly well respected range between $37,500 and $44,500.
SPY Bullish Bias! Buy!
Hello,Traders!
SPY was trading in a narrowing wedge
That was giving off mixed bias
But now after the FED's decision on the interest rate
We are seeing a bullish breakout from the wedge
And It seems like SPY is destined to retest an all-time-high
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
Crude Oil got to target and holding!Crude Oil got to target and holding! Crude oil got to target (blue crosses) and holding. As long as this holds, it can be a bottom until it breaks.
$SQQQ Inverted head and shouldersInverted head and shoulders has a price target of $63. ProShares UltraPro Short QQQ (SQQQ) is a 3x leveraged inverse ETF, so be prepared for a very volatile ride on both the up and the downside.
$GLD Newgold ETF Bull flag breakNewgold target is 290, although from experience I know that precious metals rips can be vicious and overextend targets by considerable margins at times.
AMC Wykoff If this plays out as wykoff a bounce from below this line is usually strong. A 18% minimum increase to next resistance seems likely.
XME break out? Targeting $58 for ~20% gainLooks like metals are in for a nice gain
Watching XME targeting $58
$XBI Key Levels, Analysis & Targets - Request$XBI Key Levels, Analysis & Targets - Request
Ok, @FlashingGraphs so these would be my targets fo XBI. It sounds like you don’t have an open position yet… I would start around 78.06.
Then if it keeps selling off, then double your position at 62.94
And if it still continues then double again at 45.89. If those 3 hit then you can expect a solid 50% swing from there…
Because of the way the Biotech sector moved in the past two years I could definitely see it making a 3 standard deviation move down like this, in correction. Don’t go in too heavy until you see a clear reversal sign… (such as macD crossing back above 0, and consistent higher lows)
And with that being said I still would start building from Target 1. I hope this helps.
GL & happy swinging…
$IWM Key Levels, Analysis & Targets$IWM Key Levels, Analysis & Targets
My targets for the next swing.
Target 1- 184.57
Target 2 - 159.26
Support around 142 (not labeled today)
Let’s see what the IV is at the time when it hits to determine sell targets.
GL & happy swinging…
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled (most of the time)
(Support=Green, Resistance=Red, Trendlines=Blue) Fib will be labeled if any and their colors will vary.)
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
