Kind of a pattern going there on AMEX:SVXY ? I'll wait for $46 and ride back up again, maybe $45, or will it fall like a knife. Willy can help a little here too but not so much on time-based charts. Remember this requires a K1 at tax time. I don't do advice.
Do you see what I see? $SPY went pretty darn low today along with RSI divergence; what's in store for the next week or two before the knife falls? I don't do advice.
I thought we are at an interesting inflection point looking at the broad monthly for SP:SPX , AMEX:SPY . Will this crossover in MACD and Willy be long standing or a short dip on such a scale? Better than savings account, I give some annualized ROI numbers based on Willy (the small Willy cross in Sep 2018 results in a -94% AROI but only over 27 days). Not a...
NYSE:TWTR may be interesting with the upcoming volatility to play both sides with options. This is trading, not investing. I'll keep my eyes glued to the screen. I'll play both sides Long options and exit by the end of day. If the MA is crossed after entry I'll hold otherwise I'll always trust Willy on range bars. I don't do financial advice.
Can use MACD with SVXY that is designed to increase by default, wait for it to cross up, and target when it crosses down again. I don't do advice. Enjoy.