Sentiment has reached 95% bullish. Sentimenttiming.com has had the February 5th-9th time period as a otential turn lower. The low date will be withheld for members only--but shorting this rally using sds is a good trade set up. Layer in 1 block here and if sds heads to support 2-layer in 2nd 1/2-is my trading plan. Expecting a push back up to the December...
A new technique to analyze bullish/bearish ETF sentiment based on divergence of leveraged-ETF comparisons?
Posting for other technical chartists' input. Which ETF has more potential compared to the others? As an options trader, I only play SSO. However, SDS has quite a lot of rebound potential during a collapse. The real efficacy of this chart is lost w/o comparative volumes (b/c) positive-multiplied-leveraged ETF's over-excel during up markets of the underlying,...
3-push down Ending Diagonal