Last week, I was targeting a short on the DOW. The setup still looks valid, so it's time for entry. It's my first time making a stock trade, so I'm just going to use Robinhood and purchase the inverse DOW index (SDOW). I see some very strong bullish diverge on the weekly chart. Even smaller timeframes look to be coming to an end of their downtrend in the...
If you are of the opinion, that this 2019 stock market rally may be slightly extended,or perhaps even a bubble in the making you have a simply way to significantly capitalize on that opinion. Inverse ETF's offer a trader a ridiculously simple way to get into the market on the short side, and then simply wait..patiently,. for the downside" event" to unfold. The...
Need to keep a close eye on this, it's getting close to the lowest it's been in years.
The Dow is waaaaay over extendend and in a fresh supply zone, SDOW is at it's lowest since it's started, VIX is looking prime for a pump, load me up.
Here is a Daily for SDOW (inverse dow shares) Basic chart with long term support and Trend based fib extension meeting on or near current price levels with falling sell volume. I also see the Nasdaq being at or near a falling wedge pattern trend line.. will update. Good luck and safe trading .
I like this on the long end until May! Waiting & watching :)
I feel like I've got a pretty good count going here, but welcome comments. Only been doing elliott wave for a couple years, so please don't bet your life's savings on this stuff haha.
We broke out of the descending flag with a lot of volume. Just came back down to test the boundary. If this boundary holds around $17-17.5, I'm going all in.
SDOW, Pro Shares 3 X Short Dow ETF was UP over 6 %, in one day on Dec.17,2018, on a 2 % Decline in the Dow Industrial Average Rather than buying options, or shorting Dow Futures buying SDOW ETF can easily turn your opinion on the DOW, into a very lucrative payday in just a matter of hours. And with almost 10 Millions shares traded on Dec.17, institutional...
Ok here is a potentially nice entry with a liberal stop loss for SDOW and yes were going for the big bucks on this one. Take profits liberally throughout and move up your stop loss overtime. Whenever the market rebounds a bit, this will come down pretty hard so we need to lock those profits in on the way up. This will be a fun one. Ill be swing trading this a...
If you are are the opinion, that the US market, especially the DOW may be topping, some 900 points below it's all time high, BUY SDOW Pro Shares Triple Short Dow ETF ! I have been accumulating shares SDOW while the bull market charges on recently headlined for a record amount of days, since the March 2009 bottom. You must ACT prior to the event, if a crash in...
buy now and profit take at 19? cut loss if break bottom?
Calculated the percents based on the 4-11-18 close of the DJI relative to the close of SDOW 4-11-18 with a inverse x3 and a great supplication DJI follows the trend-lines on my DJI chart. Any advice on a easier way would be greatly appreciated!