I've been watching this channel for a while as I've been wanting to short the market. There's been a breakout in the channel. Previously two breakouts were head fakes. So another head fake is still in the cards, but I'm trading until it happens.
The Indices are in the final stages of this rise in Price for the ES. The RTY has begun to roll over. The NQ will follow and finally the INDU - this is IF there is a rotation, there may not be. It would be a panic move as the DOW is targeting 28,2000.
We are positioning an Inverse Ladder for Buy to Opens in SPXU. We being my son and myself.
17.00 - early BTO @...
This is my way of getting a price range on spxu using gann fan
if you follow all my ideas, you'll see im a bear market for the last 2 years
im doing this for fun and get experience
i usually check 3m 15m 4m and weekly montly to make sure im not a idiot
RSI is oversold and hasn't been to 70 for a while
spxu is harder to read
but rsi is the key
This is an inversed leveraged ETF for the SPY index. Just by looking at the spy, it is overextended and running into resisance on its chart, which makes me believe we are in for a market pullback. Being that this is a inverse leveraged ETF, i'm looking for a bounce back to the 7.3 area.
im bad at predictions dont follow these
to go up
VOLUME HAS TO BE OVER 1.2M
RSI HAS TO BE BETWEEN 33 AND 75, 47 IS VERY BULLISH
NORMAL RESISTENCE/SUPPORT IS GREEN LINE
OVER THAT IS BULLISH TERRITORY
UNDER IS BEARISH TERRITORY
WHEN TOUCHING 400MA over green line, this is gambling
short term between 200ma and 400ma is a healty normal goal
this video has very minimal technical analysis. given the very clear manipulation in the sp500 we need to use logic,reasoning, and the laws of the fibonacci sequence of numbers to try to wait for an optimal entry. i explain the basics of how and why the money flows into the sp500. big thanks to the fed for being corrupt and pumping stocks btw. theres a very clear...
SPXU is a very complex financial instrument and you should never trade this. It goes up when the market goes down. It resets everyday, unlike the VIX which functions more like a traditional stock.
Honestly I don't even know how to chart this thing as it seems to function similar to a logarithmic scale but man look at that upside!
There's barely any details on...