TMV on the 4H chart appears to be reversing a trend down since 12/28. YTD it is rising. The reasonable target is the Fib 0.5 retracement at $40 while support for a stop loss just below the POC line of the volume profile is $29.25. As such this is a 35% upside. The RSI indicator shows the fast RSI rising and crossing over the slower RSI while the relative...
This inverse ETF allows you to short bitcoin. Bitcoin is breaking down from weekly pennant. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
an exodus in energy that has been expected as the price of oil could drop significantly may express itself as a short squeeze in DRIP. if we find a weekly higher low i would imagine holding the pivot price and aiming for upper horizontals is logical. if we fall beneath that pivot as resist areas above where a higher low could be set (the 62% retracement area) i...
weve seen a pretty bearish reversal in technology this morning as the bounce falters at stiff resistance. if we continue looking this direction id imagine we hit that vwma currently sinking around 53.43, and cool off a bit, but since weve come out of bullish divergence RSI in SQQQ (bear nasdaq) as long as we are holding mid 51s we may have the go agead to close...
TRAMA is crossing below VWMA and anything under gap close likely confirmation of bear reversal for the inverse, and there are more bearish scenarios realistically than bull for this inverse.
This is my trading strategy for March 16th, 2022 on the next FOMC meeting. Using inverse 3 x etf is like doing options without options. They track opposite of whatever it is they track. In this case the SPXU does the exact opposite of the SPY S&P 500 ETF .. The spy tracks the S&P 500 markets. So I'm setting up a position on morning opening day of March 16th,...
Moratorium has ended. Let's see what happens.
Long-term bond yields will continue to rise in response to higher inflation expectations. Therefore, instruments like TTT, TMV and TBT have ample room to continue rising (you can see the positive correlation between the two). In addition, all 3 appear in the portfolio of Scion Asset Management, owned by Michael Burry. I simply do not subscribe to the idea that he...
3x inverse ETFs let you use leverage to bet against stocks. This chart shows the 14-day Money Flow Indicator (MFI 14) on a 3x inverse semiconductor fund (SOXS). SOXS is an inverse leveraged bet on the SOXX semiconductor ETF, which is also shown on the chart. Interestingly, the flow of money into and out of SOXS has often been a contrarian indicator of where SOXX...
Basically if UVXY breaks this channel and the MACRO economics are truly showing inverse correlation, then a big trade could be made here. Just a quick observation of a popular ETF. This is not trading advice.
AMEX:REK Though it may be a little early to tell, we might just might see a buyer's market emerging in real estate in the next few months to come. Although, not a popular ETF, this short ProShares ETF seeks a return that is -1x of the Dow Jones U.S. Real Estate Index. I know it's probably not most pleasing though to think the real estate market could go down,...