Taking some profits here as we hit resistance. Will looking to start accumulating again if/when we re-test 31. I was overweight the ETF ahead of the divi so happy to go slightly underweight here
Massive push higher this week on FTSE and RSI looking very overstretched on shorter time framed charts. Good place to take profit on long positions or alternative a small short position with a tight stop. Would like to see the 7060 area re-tested
LSE ISPY ETF London Stock Exchange - L&G Cyber Security - Exchange-traded fund - Weekly view In the post-COVID-19 scenario, the global cybersecurity market size is projected to grow from USD 217.9 Billion (£159.3 billion) in 2021 to USD 345.4 Billion / £252.5 billion by 2026, recording a Compound Annual Growth Rate (CAGR) of 9.7% from 2021 to 2026. The market's...
* SUSHIUSDT in 1D time frame forms Cup and Handle pattern. * Cup and Handle is a bullish continuation pattern occurs during the bull run. * To continue the uptrend price needs to break the handle pattern
New Fibonacci levels after the last dip (~40K) and last high (~58K) in daily graphic signals retracement to ~49500. Fractal patterns in the last months also suggest that BTC loves to come below to previous swing ATH before travelling to new ATH's. Upcoming months with probable good news such as ETF's may take BTC to unknown ATH's and hence this may be the last...
ERTH is an ETF that seeks to track the performance of the MSCI Global Environment Select Index, green energy and technology is not a new play but due to the scale of our reliance on fossil fuels it is a theme that has legs to run. Green technology and energy is also an industry that receives substantial subsidization and investment from governments around the...
SPY index ETF has been in a daily downtrend since September 2021. SPY price is currently under trendline resistance. Bearish scenario: Price falls down below $437, $435, or $428. Bullish scenario: Price breaks up above $441 to $444. Resistance(s): $441, $444, $447, $449, $450, $452. Support(s): $435, $430, $429, $426, $422, $419. Q3 2021 earnings season is...
Nasdaq index ETF has been in a daily downtrend since September 2021. QQQ price is currently below trendline resistance. Bearish scenario: price falls below $360 down to $350. Bullish scenario: price breaks above $365 up to $372. Resistance(s): $365, $368, $372, $374, $378, $382. Support(s): $360, $353, $350, $348, $345, $341. Q3 2021 earnings season is...
Dow Jones Index ETF has been in a daily downtrend since September 2021. DIA price is currently above trendline resistance. -Bullish scenario: price breaks and holds above $350 to $354. -Bearish scenario: price falls below $344 to $338. Resistance(s): $350, $352, $354, $355, $357, $359. Support(s): $346, $344, $339, $335, $333, $331. Q3 2021 earnings season...
QQQ has been on a rising wedge for over a year. Looking only at technicals, a breakdown from the wedge could take us to the mid 200s (starting point of the wedge). That would represent a 30% drop, which would require some macroeconomic triggers (Evergrande? Any of the bubbles bursting?). But, until the lower end of the wedge is broken, I´ll still be looking...
Canadian dollars or or HBIT.U $6.36 USD Don't be part of the mass that says "I should have bought Bitcoin when it was cheaper!" It's DIRT CHEAP! 1/40th of its stable state from my rough calculations where where 1 Satoshi is worth one penny (or so). Watch HBIT's volume increase as institutional whales come into the the world's new BITCOIN ETF! HBIT...
Looks like the early birds are hoping to get their worms here. The Stochastic has a bullish crossover, and the SPY has bounced off the lower BBand. MACD still showing a more cautious sentiment though.
ARKK currently in a no-man's land. But there are some signs of weakness showing up. It looks like it is better to stay out of ARKK for now. Next major supports around 95 and 70. Confluence between monthly opens and 50% retrace levels.
I haven't put any trading SL or TP on the chart. It is up to you if go for this trade or invest in it.I would rather be investing and wait for good news to release in the future.
Seems like we have seen this before....Oh wait, we have. There are so many factors that are going against BTC right now such as the global markets. Do not fall for the hype that BTC is somehow detaching from traditional markets and will be a safehaven investment class. Bitcoin ETF news is simply another scheme to get people to believe. This is a final trap before...
I don't post about stocks or ETF's very often. I got into investing via crypto - and my intention wasn't necessarily to make money either. I had lost faith in the current model of our banking system, and became inspired by what I saw as an alternative. That alternative also ended up being a good financial decision. Ironically (I say this because most investors and...
Following the successful break of the bull flag and the quick follow through, there is no surprise that we are seeing a pullback on this ETF. I am starting to average back in after slowly taking profits from 27.50 (prior high) and above. There is no sign of a bottom here, but I am happy with the current price and will buy more if we move lower. The long term...