SPY could easily reverse today toward 375
Hail Mary play Low cost, high RRR
The dump earlier today was an emotional one. This is apparent from the big red candles going from the 0.786 level to the 0.5 level in 7 hours. It's investors acting on fear. This, combined with the bounce off of the support zone & the 0.5 level gives us a recipe for a quick recovery. Those who sold off realise they're wrong, buy back in. Those who sold the...
Asset classes push and pull against one another. We have seen the GDX break it's trading range with the fall below neckline of it's head and shoulders position. It is telegraphing further breakdowns across asset markets.
The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the performance of the S&P 500 VIX Short-Term Futures Index for a single day. The index seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the implied volatility of the S&P 500 over...
$SPY has been pulling back consecutive days and we referenced the gap-ridden ascent in previous TV ideas. This is a great time to watch for buy zones: TSLA, among many others, are now sitting in great positions for long plays. The S&P is seemingly due to retrace lower regions though, so as of now: This trader's $ is fully parked. It has been since the short...
U.S. stock markets will be closed on Monday for the Presidents Day holiday. Investors will be waiting for the FOMC minutes due Wednesday for further clarification on the next monetary policy steps in the holiday shortened week ahead and while earnings season is starting to wind down there are still some big names left to report. On the economic calendar, U.S....
Pretty sure we are getting to a point where we need to pull back. To what level, I'm not entirely sure, but let's start here.
- Most Bearish scenario: already at the end of ending diagonal - Bearish scenario 2: Ending diagonal then correction - Bullish scenario: Starting Leading Diagonal 2/19 puts have almost 0 premium, low risk, high reward play
AMEX:SPY The S&P 500 is just about fully overextended and we are due for a good size correction. Fundamentally, most markets are just full of froth at this point with the Fed continuing to keep interest rates near the 0% mark. Numerous fortune 500 companies balance sheets are extremely over leveraged and seem to be taking on more and more risk. An example of...
not sure how long this correction will last, but it won't be a pretty one. i am stepping away from this for awhile, this will be my last post until i return. good luck peeps.
DONT TIME THE TOP! I post these charts as a warning to be catious, i barely trade puts bc we are in a rally and i will enjoy and make money every day of it with all these great opportunities instead of getting killed by going against a trend. However, this is my big short plan, i'll be adding into this position with the first sign of a big rejection as a...
I think we can all agree the market seems to have just been crushing this past year, with TONS of money being injected in and specific large companies doing great throughout the pandemic...but when does this slow down? The WallSteetsBet thing has some positives and negatives in my opinion....I am 28 so I feel like I am a middle child between two generation and...
Been trying to catch this for days now, last attempt.
with $DXY starting to breakout of a year long falling wedge, things are about to get interesting. While my target is only at 360, we may go much lower if the DXY case plays out.
2\5 360p at .79 2\12 360p at 2.43 tight stop if we get a 1h close above this black line
My observation, when Price falls through 1W 12ma (pink ma), it's extremely likely Price will hit 50ma (blue ma) or get within 2% of it. I went short 1/26/21. Might've nailed shorting the ATH, but it's very possible we bounce off 1W 12ma and make a slightly ATH and then dump hard just we've done in 2018/2019. I'm not closing until I see some fear, might even...