Defended support, on high volume, trendline support, Capitulation already took place, inverse head and shoulders break, semis are overpriced and garbage again after 40% rally. Come with me as we milk this one last time into vix 45 If this market keeps going up slowly or continues consolidating I will keep adding 3month and 10 year yields are inverted like hell...
Top of keltner channel(overbought) Bearish divergence on 5 and 15min lower volume today Now above volume profile large block powell speaking tommorow high risk low reward to hold
AMEX:SOXL On a 30-minute chart SOXL, a triple leveraged bull ETF for semiconductors is now in an early uptrend. The semiconductor sector may be challenged but stable economics from its industrial customer bases may be steadily rising. The chart shows recent horizontal resistances from pivot points and an overlaid volume profile. For the long trade, I will...
AMEX:SOXS Reports are the semiconductor secotr is presently challenged with rising costs and lower production orders. SOXS is in a flat bottom triangle with price now at its base. The RSI Oscillator is in mid-range suggesting price has upside. The relative volume has been increased in the past two weeks. I see this as a swing long setup with the target...
AMEX:SOXS Semiconductors have been giving some cautious guidance suggesting a market downturn, supply chain issues and the recession fears. Vehcicles are being shipped to dealers lacking some "chips" ; in the meanwhile, the CHIP acts hopes to stabilize things. SOXS a ETF shorting the semiconductor industry #X leverage as the inverse of SOXL The 4H chart...
NASDAQ:AMD AMD had a good run into the earnings season however news is that with the expected or present recession semiconductors as a subsector will fall a bit heading into the third quarter. The chart shows buy order blocks as a support are far less than sell order blocks. The MACD , a lagging indicator, shows the K/D lines crossing over the...
This Daily Chart plots LABU to LABD ratios over time. LABU is 3X Leveraged ETF of a variety of biotechnology stocks while LABD is the inverse. By plotting the ratio of LABU to LABD, what can be found is the precise end of the LABU downtrend (LABD uptrend) and reversal into LABU uptrend ( LABD downtrend). In this case, the reversal occurred about June 17th...
AMEX:SOXL This chart strives to setup a trading plan where the SOXS and SOXL are oscillated. They are 3X leveraged ETFs with great range. SOXS was up 400% YTD at its peak. The new CHIPS ACT is a catalyst for US semiconductor manufactures Right now the ratio is on a downtrend, meaning Sell SOXS or BUY SOXL or a combination of each. I believe that this...
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 green 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,...
We all know you cannot predict the market, but here's my opinion for this Semiconductor ETF by February 1, 2022. I base this prediction on the continued exodus from risk assets because of the likely FOUR rate hikes this year. I see NO support levels between our current price and the prior highs of 45+- There are two trend lines that would intersect at this...
tran stayed above it's 100 moving average on the weekly from 2012 to 2020, its giving up now on recovering back above it.
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the PHLX Semiconductor Sector Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short...
Semiconductors continue to see large Geopolitical Risks building. American Consumers have purchased their Fill. Computers, White Goods, Autos.... etal. Q3 EPS will be disappointing - EPS, Guidance, Demand. Shortages and the inherent risk have not been priced in as this event remains in waiting. VXM is squatting on Lows once again... sideways to down is our...
Globex SELL - 143.55 x 2K - 1st Position SEC warns on China's Listings transparency. China remains the 800lb Gorilla in the room. The rising wedge broke, only to be retested with the required new ATH. Big tech with the exception of FB/GOOG will be lowering guidance, reducing EPS to compound prior Q2 negative guidance. AMZN YOY Warning stuck, AMZN has had...
MNQ STO - 10 x 15365 MNQ STO - 5 x 15360 MNQ STO - 5 x 15355 MNQ STO - 5 x 15350 EQ - 2.5 NQ Sells After Kaplans later Friday reversal, the die was cast for the cartoonish over throw. Our Initial Target from 3 weeks ago was 15363, this target was met and exceeded in the NQ SEP CT @ 15384. We will continue to use SEP as the BTO Hedge, we closed 2 NQ from 170...
We began entries today, given the degenerate squeeze brought to us by FED wingmen Black Rock and VanGuard. We'll embrace the .382 level when it trades, even should it fall short in the 18s, it's 200% off the Wall. A close over 6.98 will see further additions. Out first adventure came off an average of 6.12 :) Hunt, Kill - Profit. xoxo - Hunter Killer
We have placed out orders from 7.00 Inversely to 6.00. .382 will provide first in the series. We are closely watching the VIX Reaction @ 19.80. At the moment we've seen a 2 Tick Front Run. In the next 2 days, the Indices will reverse. - HK
The real move will arrive @ 2:45PM EST Simply Vanguard and Blackrock swapping shares until. Sell Side did mount the Decline Sellers were attempting. SELLERS @ LOWS ENDS BADLY for these chasers.