The ups and downs and the volatility is just noise
—————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Good call. The MACD cross kept me from taking an SPXS postition. Maybe there's still time to get a position.
Mihai_Iacob
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great analysis, thanks for sharing
ssinykin
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Shorting this market to anticipate a $440 handle on SPY would be a VERY risky, and likely expensive move. You probably want to rethink things if you are short here.
Beyond_Investing
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@ssinykin, I'd agree that shorting is not a great idea! I do think a buy limit would be a very good idea incase we do get to around that level. Each time we test the MA it gets a little weaker so next time we might see a push down to these levels - What do you think?
ssinykin
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@Beyond_Investing, Depends on your trading style. Everything we do is automated and signal processes are rigorously tested, so I would not want to give discretionary trade advice. My general thoughts on the market right now is that things are finally changing. Tail winds becoming head winds. Trade carefully either way right here, and be conscious of hedging.
maoducthang96
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Would you mind doing a quick 1h-4h chart on AAPL? And what’s your POV on it