Looks like bonds could break up here- target approx $117 - like the look of this
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Running into today's close getting ready for a whale spout soon. Get your tickets to the show -stikstockitslive
Flat line break out point as simple as it gets + NDX +S&P ++
$XLF broken out of C&H continuation setup. being NDX and S&P and break out point with
German 40 shorts are getting more and more aggressive , this has been the theme all year long , they refuse to believe that this is a bull market and continuer to short more and more . **The same is true for: Dow jones at 64% net short , US 500 at 63% net short France 40 at 84% net short and FTSE 100 at 85% net short All the big markets are net short per...
XLC ( communications ) stage two tryouts SMH ( semiconductor ) stage two tryout and XLF ( Financial ) stage two tryouts In addition we have PPA KIE PAVE AIRR FMIL all in the GLB club ... Bull market ~
Looking at the weekly MACD & RSI, we can see they have been consistently gaining strength while price action moved down. It is possible that October may have been the BOTTOM of this market correction however it is way too soon to tell, & we need time to continue along as we see markets digest rate hikes, earnings, CPI, etc... While everyone and their...
SPY - Retracted from 300 SMA which is the next resistance. There is a unfilled gap around $420, which would be another resistance.
Crash coming very SOON!! Ready to make a lot of cash! Let's do this UVXY
Were getting alot of conflicting information from the FED and the CPI report. Here are some main takeways: Although inflation is showing signs of peaking, shelter, food, and energy are still major driving factors contributing to inflation which will lead us to higher interest rates. I posted a play on the breakout from the symmetrical triangle up to the golden...
The market does what she wants, could be an interesting set up for a drop in September. Seems to have broken out of decending triangle.. could be an opportunity to bounce into the 430’s June/July. Delaying any recession news and pumping “soft bottom” articles. Transitioning from put to call dominant late into August. Triggering a large outflux and negative news...
Heres my Elliot wave count for TQQQ We may go lower tomorrow then a hard bounce to fill the gap, now this resistance has been hit 4 times.. If we hit it again theres a good chance we could break it and that would take us up to around $24.5 range, resistances get weaker the more times they are hit so watch for breaks and volume. If we Fill the gap with a hard...
Will volatility come back to life? Not sure but sharing to track.
Many are sold on the fact the bottom is in here...However I think not (can I be wrong sure but probably unlikely), One of the main reasons is because the leg I have labelled A substructure of C terminated in 3wave structure which is not typical of a completed C wave (hence I do not believe the bottom is in - it's just half the move) and we're in the process of...
Todays speech from Powell was pretty weird he seemed like he doesn’t give af anymore. We need to stay tuned to the other FED members and wait 3 weeks for the minutes to come out. Tomorrow we have initial jobless claims and nonfarm productivity QoQ this should help with direction going into Friday. The wall bulls need to get over is 415 today we had some short...
Hello everyone, This will be my last post till next week because its too much, haha. But lots of questions and lots of opinions I see floating around so I thought I would jump in and just share some insight, thoughts and my own opinions. So first off: Today went really well. If you follow me over on ES1! you know I was targeting our high probability targets...
The time to enter was on the 2nd low. People who are in, congrats. Looking for new all time highs soon.