XLE Uptrend intact?XLE Uptrend intact? Energy ETF is showing a clear uptrend for the last few months. let's see how this trend evolvesby Alphahunter07Updated 113
XLE/SPY Relative ratio long termXLE/SPY Relative ratio long term, now at 2008 levels, still looks good on short term daily chartsby Alphahunter07Updated 113
XLI relatively weekXLI relatively week not a good indicator for cyclical namesShortby Alphahunter07Updated 0
EWZ looking good EWZ looking good looks like Brazil is finally bottomed outLongby Alphahunter07Updated 1
Looks like Oil and Gas Equipment ETF is about to RunLooks like Oil and Gas Equipment ETF is about to RunLongby Alphahunter07Updated 0
CRAK Refiners ETF showing momentum CRAK Refiners ETF showing momentum Adding this to watch listLongby Alphahunter07Updated 0
I SPY a measurable opportunityMonday offers a very interesting setup for SPY. It is above the zero slope MA of highs. Also the RSquared basis the October low is .955 and the January low is .959. The containment ratio since early November is about 4 and since January is about 3. I'm not sure I could fabricate a much more perfect short setup. There is temptation to put on a trade preemptively but I will wait for the break to start. A violation of that zero slope 5 day MA of highs below the Thursday close would be my signal to get in. Could the market go yet higher? Sure. But I would say that the overwhelming opportunity is to the downside. The break could be brief. Days or weeks. But some of it I believe could be severe. Will a Bad Monday follow a good Friday? The Easter egg may lay in puts.Shortby MAgicTrx1
SPY a few counts (possible ending diagonal for Bears)While price seems extreme bullish, (Yellow 1-2, 1-2,....), There is a potential ending diagonal count to be considered at this point. Either way Bull or Bear a slow down or consolidation seems likely. by wolffarchitectureUpdated 7
China Recovery LongWith China in the early recovery stage of the business cycle it may be time to consider a trade to the long side. The FXI is currently trading at the POC line on the 1 year fixed vol profile. We see a series of higher lows after bottoming on January 22, which is also a prior low back in October 2022. The OBV confirms the uptrend and the DI+ recently cossed D- from bellow. I anticipate the ADX rising in the near term to confirm the trend strength. The circle highlights a confluence of points where price is trading at the POC, testing the .5 fibonacci level and breaking out of the wedge. Looking for a close over 24.14 with increased volume. Targeting 27.42 & 35.17 Stop: 23.50Longby Master_of_Fine_Charts0
SUPER STOCKS 2023 notes & issues for POSiTiONiNG there are stocks driven by MARKET .. meaning float is out in the public that normally has a DRUNK price action with gaps and erratic volume there are issues with an assigned Specialist that can TRADE or CROSS huge volume without moving the price or go beyond a range RANGE highlighted ones have been decided by both the MARKET and the MARKET MAKER best of both worlds where artificial price meets the wisdom of PUBLiC Vanguard holds most or is the CUSTODY of most issues Citadel & the gang of 3 manages the FLOAT FUNDS are public PUBLIC is barometer for entry or exit of Sovereign and Trust Fund babies on a 3 5 7 10 year cycle determined by the FED's cost of printing borrowinng and lending note: Market Cap is dated June 22, 2022 ... Bottom are of MARKETS by senyorUpdated 101012
SPY: Bears Will Push The price of SPY will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals113
I am not buying the GLD Breakout storyI think GLD is being distributed and I am not convinced with the break out. This is a classic Wyckoff distribution pattern. Everyone is now talking about the GLD break out which is the perfect time to distribute. It will go up a bit but it will soon come crashing down. Not investment advice, please do your DD Please boost and follow.Shortby BlackisKing553
AAPD | Apple Stock Looks WEAK | ShortDirexion Daily AAPL Bear 1X Shares seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of AAPL. The fund, under normal circumstances, invests in financial instruments, including swap agreements and options, that, in combination, provide 1X inverse (opposite) or short leveraged exposure to AAPL equal to at least 80% of the fund's net assets (plus borrowings for investment purposes). It is non-diversified.Longby DivergenceSeeker1
XLE is a solid buy here and now!This chart looks very solid in my opinion...a buy in my book and shows that we should see a very strong move up over the next few months.Longby ConservativeOne10
PBOF CORNMy PBOF chart is an attempt to identify, and be decisive, after a potential bottom has formed through with a good sequential 9 or 13 and triple exhaustion signal. Oscillator divergence and volume are clues to a potential bottom. Regardless they are are hard to bu into real time. But if it appears a bottom has possibly been established then I want to buy the next pullback. To identify that, I am hoping my PBOF chart will be useful. It would shows some indications of a bottom, followed by oversold conditions on fast CCI and RSI oscillators. The price ought to be near the bottom of the bollinger band as well. Triple exhaustion and sequential aren't of use generally once the bottom is in. So now we reduce our focus to these oscillators and the bollinger bands (which become a useful short term volatility indicator at this juncture). A corn trade inspired me to do design the PBOF chart. Here is our two corn charts (ZS and CORN) that I published as in idea in Tradingview so that they are fixed in time and not updating. If they update then the chart will lose meaning. So it is static. You just have to pull up a later chart and see how it worked out but this conveys the idea.Longby golddigger460
QQQ Is it topping before a crash or setting up a correction?QQQ is on a weekly chart. Only the pundits, soothsayers and headline readership volume seekers know for sure. Will not the upcoming elections prop things up? Buy in March April and May and then go away? Is this spring coming up roses or instead dandelions?by AwesomeAvaniUpdated 664
$SPY March 29, 2024AMEX:SPY March 29, 2024 15Minutes. Again AMEX:SPY did not retrace to expected levels. Considering the rise from 518.4 to 524.61 and 519.84 to 524.61 we find 522.5 to be an important level being approximately 38.2% retracement levels for the rise. Since 200 is sloping upwards 521 should be strong support on any retracement as of now. And in the process AMEX:SPY made ATH. As a trader since the close was near the lows of the day not a good sign for the moment. If we do not have any gaps at open today I expect AMEX:SPY to consolidate between 522 - 524 levels so moving averages can catch up for a move towards 526-528 next week. I had taken the February low of 491 levels as an important number to hold to maintain the uptrend. For the move 490.72 to 518.22 to 509.36 and for the move 508.36 to 522.6 to 518.40 we have 525.5 to 528.5 as 61.8 extensions for the rise. But I am a little worried as in the daily time frame the 50, 100, and 200 averages are around 500,480,460 levels. For me, it is a danger signal.by RiderTrader446
Opening (IRA): IWM June 21st 180 Short Put... for a 1.82 credit. Comments: Targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. There is no July contract yet, but June is still paying at <16 delta ... .Longby NaughtyPinesUpdated 1
Inflation ratios for spotting fed rate trend part 2Inflation ratios for spotting fed rate trend part 2by JoaoPauloPires0
More downside needed for small capsAMEX:IWM TVC:RUT CAPITALCOM:RTY small caps hit major resistance (the yellow zone) and finished the day with a shooting star candle. More downside is needed. This syncs with other indices NASDAQ:QQQ AMEX:SPYShortby TraderBwater1
Houston, we have a problem. Does anyone else think the S&P 500 is over stretched? Shortby themarketzone116
IWM Russell2000 11% UP ?Russell 2000 index - exit from channel towards long, above average 150, depends on the drop in interest rates in the US, potential increase 11% & more. Only an idea and not a recommendation for trading!Longby dovale19721
Looking for a retrace to 31.50Seeing buying at the top of the wedge with a bearish d leg sell off set up. Looking for 5th elliot wave to be retested as supportShortby moneyflow_trader2