Low vol is supposed to be better in times of high vol. (At least that is how a financial advisor explained it to me). So let's see. This March was quite volatile. How did LOW vol do compared to your vanilla $SPY? Turns out this month it did 2% worse.
Key things to take away from this: TD9 is still giving a bear market state. Day traders can sell any selling opportunities if they think the bear is on. Any selling opportunity will most likely to work out. Trump's announcement called some people down. I am expecting the market to go up to set a good shorting opportunity. Take it easy team. See you on...
Today, the S&P 500 dropped 7% in a single session of trading. What does this mean? It triggers a Level 1 circuit breaker across equity markets and all trading pauses for 15 minutes. A Level 2 halt happens when a a drop of 13% takes place, but if the drop happens after 3:25 p.m. ET, there is no halt. If the market ever drops 20% in a single day, all trading is...
This chart should be a big part of your big picture! 1 - Look at the Oct-Dec 2018 selloff in the orange rectangle. Note how SPY closed below the 10sma in Oct, retested up in Nov, and dropped to the 20sma in Dec. This is a very common pattern you will find on price action. 2 - See the corresponding orange rectangle in RSI. RSI dipped below 50 and came back over...
Futures are pointing towards a lower Monday open, 333.92 is key pivot point, if we can push above this area in pre trading or at market open longs could be profitable on the day. the 21 day ema as seen on chart is also key, a break of this could provide more downside to the 50 day ema 326.80. I will update during the week...
We've been tracking the similarity between Jan 18 and Jan 20. It seems to keep rhyming.
BITFINEX:BTCUSD FX:EURUSD NASDAQ:FB CBOT:ZT1! AMEX:SPY COMEX:GC1! Bitcoin, EURUSD, Facebook, T-Bonds, SPY, Gold, etc...it is not important to make profit on a specific asset. What is important is to optimize operations regardless of the assets, clearly selected and constantly monitored. Potentially earning $10,000 on cryptocurrency or forex, while...
All description on the chart. Please, don't forget to like and follow. Thank you.
Ascending Triangle An ascending triangle consists of a strong resistance level. Strong levels are usually pretty obvious. There will be lots of wicks and bodies that touch a horizontal trendline. A trendline is not just a line but it is always a zone. So you can expect the price to push through the level sometimes. Other times price will just approach the...
Pictured here is a delta neutral ratio'd short strangle set up in the September '20 expiry. It pays 8.60 ($860) and has delta/theta metrics of 1.01/4.12, and extrinsic currently equal to the premium received of 8.60. The purpose of this demo is to show how continuous delta hedging might work in practice on a premium selling setup. The goal is to bring the setup...
lets see if this will hit 360. I think it will
Team, Welcome to another overview of the long term landscape of the market. It's been several months now since we've turned bearish on the overall market and although nothing seems to have happen yet, I just want to say that NOTHING HAS CHANGED (STILL BEARISH!). * TAKE AWAY FROM POST: We're expecting to see A Weaker Dollar A Rise in Gold Prices A...
Just use SPY 30 minutes chart doing a quick replay
I don't usually pay much attention to the NYSE Advance/Decline line, but right now I am. It is doing something very rare. It is creating a positive divergence with the S&P 500 and Dow Jones Industrial Average indexes. If you are not sure what this indicator is, or what positive divergence is, please ask. When the NYSE AD line makes a new high the index tends to...
Looking forward for further decline in Hang Seng Index. Let's shake it and bake summer low!
Looking forward for further upside & correction PA, by 1st half of October '19.
Comment with some tickers below! Have a great day all!
Typically, short puts have been the go-to methodology for acquiring shares at a lower price with the trade-off being that you don't take on the shares you want at the price you want, but keep the premium paid if the price of the underlying doesn't finish below your short put strike at expiry. That's not a bad thing, but what if (a) you want the ability to...