Really Is A Breakout In ETFMG ALTERNATIVE HARVEST ETF to go short ? What do you think ?
Is in a confirmed uptrend and now after a volatility contraction pattern (VCP), AMEX:CGW is showing a pivot buy just above $60. My trade will be buying above the pivot with a stop just below the 50-day MA and a target sell at $66. Low risk trade with a 2:1 risk/reward ratio. NASDAQ:PIO , another water supply ETF is behaving very similarly but, I prefer ...
Big tech carrying the market. i dont expect this to stop any time soon, even if we sell off in the interim
there should be continued support for fiveg stocks into the end of the year pushing FIVG back up toward $41
cybersec stocks should see additional support through the end of the year pushing CIBR back up toward $53
pretty simple idea. if we gap down spx and we hold some new higher daily low early on, then break above premarket close by a significant margin, the index is a buy until gap is almost or all the way closed volatility spike still expected by end of wed, thu morning if we gap up and start to trade up, the higher targets can be used
another straightforward idea, invert targets on spy to hedge against es1! calls or spxl shares to add to as you reach sell targets in spx when pivot is in VIX favor add UVXY when pivot trends toward uptrend in spy add SPXL
Since September 20th, when we get close to the 200 ema (purple), we get a retracement towards the previous high before the next retracement process. A retracement of 61% would take the SPY to $463. The previous high was broken and we have a higher low as we are bouncing off of the 200 ema with a 20/50 cross.
theres reason to believe a releif rally will come in the form of big tech and the nasdaq futures finding support and TQQQ moving back toward the $155 area
Today, we will look at ARKK, one of my favorite assets to trade. What can we see right now? The price made a new local low last week, which took us to a 42% decline since the previous ATH on February 2021. As you can see, this scenario already happened in the past, and ALL the time, we saw new ATH coming after that. That's why it's important to define what...
UVXY should double top, and head for yearly lows not passing $27.5 and breaking $20 to the downside. Broader market fear nearly maximized.
ETFs are by far the most popular form of investment, regardless of whether you are a parent saving up for your child's college or you're a multi-millionaire/billionaire banker, a good portion of your investments will be in exchange traded funds, regardless of whether that fund is for commodities, industries or indexes. Since their first implementation in the...
META has currently fell from it's All Time High to form a new Lower Low. The pullback is a healthy pullback forming at ABCD pattern. We have the initial High point which is our A then the fall to the Lower Low which is our B. Our C point could be represented by the current pullback that made a new Lower High. IF price does not break that last swing high, then we...
QYLD is a covered call ETF. They write calls on stock they own to bring in more consistent and predictable income. They do this to generate returns via options, this is helpful if you don't know how or aren't comfortable writing calls on your stock. It would behoove you to establish small positions after they pay their dividend should you choose to buy in. This...
Short-term Elliott wave view in SPY suggests that the cycle from October 01, 2021 low is showing a higher high sequence favoring new highs to follow. The internals of that rally is unfolding as an Elliott wave impulse sequence where wave 1 ended at $436.03 high & wave 2 ended at $426.36 low. Up from there, wave 3 unfolded with extension where lesser degree wave...
PRN bullish on charts on multi time frame. Points to consider 1. Price above 20 D SMA 2. Price above 20 Week SMA 3. Price above 5 Month MA 4. RSI Bullish on Monthly and Weekly MA 5. RSI looking for support on the Daily TF to reverse up. 6. Nice consolidation on Monthly charts 7. Price trading in a nice range for the last 8 months and setting up bullish...
ICLN is setting up well on the monthly charts. Points for consideration: 1. Price above 20 Day, 20 week and 5 month MA. This should act as a nice support zone 2. 200 Day Moving Average right above us that could act as potential resistance. 3. RSI is crucial zones and positive structure 4. Break above 200 Day MA will be seen as very bullish on daily/weekly...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ A bitcoin exchange-traded fund (ETF) based on futures looks increasingly likely to be approved by the U.S Securities and Exchange Commission this month, pushing the market...