Still long SPXL 132.83Daily stoch heading up bounced off 100 day 3x
and over the 50 day ma vol not bad
we need a pull back took 3/4 off today
trailing rest uptrend
SPXL trade ideas
spx run up at gap close may fail (spxl)if we dont break 133.33 confidently, and confirm 15 min reversal pattern with a lower low 131.85 this may signal overheated conditions in spx
should we keep the uptrend holding 130.69 and continuing higher i imagine we have a go at 135, although id still be wary of buying borader markets right now except for a quick flip
if we dont hold 130 and cant get back over 130.66 we will probably see 127.66 again soon
volatility comes in waves
the odds we close up at the highs are low but if we do theres a good long in it
spxl long off 100 day @ 128Daily stoch on bottom turning up looks great. Needs get abve 50 day and can it test highs or fail time will tell.
Earnings start Friday banks which spxl spy usually rallies.
Patience and wait for a directionNot sure where XPSL is trying to go. Any suggestion is welcome
Chart has put in a couple of Higher Lows & Higher High, but price has been coming down to test supply zone (red box)
Some Highest Open Interest on Option are:
Jan 21 100 Call OI = 8135
Jan 21 100 Put OI = 956
tightening range should break soon (spxl)looking for prices above 145.5 or below 144.6 if we break out of this pattern of higher lows and lower highs in the s&p500
SPXL long updateLets look daily bounced off the 100 day 2x stoch on daily on bottom turned up caught it 2 x still long, Took 3/4 off the long still long
Lets look weekly on the bottom perfect trade. tell me stoch don't work.
SPXL long updateLook daily stoch on bottom and look bounced off the 100 day for the 2 nd time. See the first time I bought off 100 day ran 122 to 139 took profits. look she dropped again. I said she breaks 50 she goes 100 and she did. Went back long 100 day again 124 its 139.63 took some profits up here staying long
Look weekly stoch looks great rolled up over higher low.
They may run this 1st week Jan eoy shit. target 150-155 has to break 142.60 first.
they will squeeze this shit have trail in place.
SPXL AnalysisEvery bullish trend line has been broken, gaps to fill below as well. Will stay short as long as price dictates. Follow the red line down until it turns green or rice closes above the upper ATR band. Not financial advice.
SPXL AnalysisWent short on Wed as noted, we may or may not get a bounce this coming week, but if it clears the last RED bullish trend line we should be good to fill the gaps below and test the bottom support zone highlighted. Follow price, it tells the whole story. Not financial advice.
SPXL ShortWent short yesterday 2 consecutive closes below the green line noted, ATR band sloping downward, tight stop ( upper band of ATR band ) Not financial advice.
SPXLDirexion is one of the largest issuers of leveraged exchange-traded funds (ETFs), those products that have the power to seduce with the potential for outsized short-term gains
SPXLThe WAE is pointing down
The Vortex5 is showing that the bulls are very volatile but the bears are in a dip buy right now and in a few day to weeks there is going to be another pull back. Not sure what the % is but there will be one.
S&P Long 3x compareSPXL
UPRO
UMDD
MIDU
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SPXL - Buy the dip boys!-Great time to return on the bullish side!
-Definitely expect some volatility though.
-With the high VIX stay away from calls and buy them stocks / ETFs. VIX started falling, has a way to go down.
SPXL - 3X SPX Bull We will be using the SPXL again for the next SELL Setup.
Many of these 3X ETFs, such as TQQQ outperform on the
downside.
It has performed very well and has Larger Objectives @
the 94 Level.
It can be used to hedge against Positional SELL entries
that require a small hedge, it tends to erase any mistakes
very quickly.
$SPXL - LongDouble buy signal on $SPXL 4 hour chart.
87% win rate, 108 wins, 16 losses.
2% Equity deployed.
ES SPX SPY - Nasty Drop in August3910s remain in Trade.
We anticipate a Large Decline in the S&P 500.
We Hope you do too :)
4% decline to initiate the Larger Selloff, into a 12-18%
Decline.
Stocks vs Options Welcome to Part 1 of understanding Stocks and Options. Here we tried to present briefly the major differences between Stocks and Options. Hope you will enjoy reading this brief presentation.
Best,
Caldoon Investment
Long SPX Call option, SPXL, SPY -- your choice
entry (2 days ago actually)
My SPXL at 6.8% profit currently
cycle top probably happen around June 4th (first top, could be an extended top into Mid-June)
How High? I have no idea, probably take profit based on timing instead of %.
Stop-loss 4180. Although personally bias towards this trade likely results in profit (like 90% confident), having a stop-loss is always important.
$SPXL Long against X stop, Cypher Low risk reward on this Cypher Pattern entry Long against LoD stop, More risk below X (stop red line)
SPXL - End of the Bubble!After a long positive run full of speculation and non-ending green days, the time has come for stocks to go back to their real values.
