#PROS The price is moving in an ascending triangle on a 4-hour frame The triangle is expected to be breached to the upside in a strong manner, with stability above Moving Average 100 Supported by oversold on the MACD indicator And upward momentum for the market Entry price is 0.5300 First target 0.5593 Second target 0.5895 Third goal 0.6229
Still a bit tentatively but visibly, ProShares Bloomberg Natural Gas (aka BOIL) is starting to boil up, quite in accordance with our expectations. As the first part of a three-part counter movement, the ETF should climb further upwards to finish wave a in magenta, before wave b in magenta should return it to its current level. From there, BOIL should rise into the...
This might be a once in a lifetime accumulation area...
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index is designed to measure the stock performance of U.S. companies in the oil and gas sector. The fund is non-diversified.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
As the economic outlook degrades in the face of persistent and widespread inflation and GDP projection revision for Q1 was worse than expected, real estate will take a hit. Currently seeing record prices while the beginning of rate hikes and slowing sales appears. A short opportunity exists and is currently reflected in a massive volume uptick in anticipation...
So far, it hasn't spent much time below 0, but that could change very quickly here. If TQQQ falls under $30 any time soon, ProShares will be forced to consider another split in record time.
When the whole market is looking to make their way to the down side....the hopium chart projections is where the fun is at! Will take a little bit of patience for a nice entry to ride up. The closer we get down to the $15-$20 range will be able to see things a bit more clearly on when we could be seeing pivot back up. I feel like making it down to it's C19 low...
This is TQQQ-SQQQ chart. I warned of the ProShares split, and it got little mention in the news since the announcement. This is one of the most popular ETF companies in the NYSE, with $550bn in ETFs. This is a big deal. They decided to split ALL ETFs, on short notice (3 weeks) , right before the biggest pullback since covid? Impeccable timing or what? The norm...
Acorns — which has an estimated 15.2 million users and $15 billion in assets under management — says its customers can allocate a percentage of their portfolio to a BTC exchange-traded fund. Explaining the rationale behind its decision, the company said BTC gives investors the opportunity to diversify their holdings — and claimed cryptocurrencies and the stock...
SQQQ I was waiting and waiting on this one and we all knew it was going to come and it finally did. My last charts are now useless now that they did a reverse split on the thing 5:1. Well if they did not do that then it would have dropped past a buck and been delisted eventually so they had no choice. Maybe I am a broken clock who is right twice a year but I will...
Upper Bollinger Bands have more than two thousand to the upside on todays band and the stochastic's are firmly locked in 3 days of wall St trading remain for the week. Don't be too cute as the old adage says, the trend is your friend. obvious I know, but the basics are what keep u in the game for as long as possible.
quick summary and just a opportunity to congratulate the HODLers
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
Bears are out to play, seems the winter is over. I'm not looking to dump my position in UVXY just yet, however. I thought I might update the community that Business wire reported that Proshares plans on doing a 1:10 reverse split on May 26th before opening bell that day for their UVXY security. Trade accordingly. I expected a reverse split once it touched the 3's,...
ProShares Ultra Silver (AGQ) ProShares Ultra Silver seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Silver SubindexSM. This leveraged ProShares ETF seeks a return that is 2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to...
Established in February 2010 by ProShares, the UltraPro Short QQQ (SQQQ) is an inverse-leveraged exchange-traded fund (ETF) that tracks the Nasdaq-100 Index. This index is composed of the largest companies, both domestic and international, listed on the Nasdaq stock market, but excludes financial institutions MAX 2020 : 162,13 SUPPORTS: 153,61 ...
Hi, today we are going to talk about PROSHARES and its current landscape. We have a symmetrical triangle in the process of formation. If this triple top doesn't be overcome, the most adjusted movement for the asset its the continuation of this triangle. If a breakout occurs the next lonely top will be aimed by the bulls. Thank you for reading and leave your...