I trade this swing chart. No ambiguity All Analysis is TradingView Community Scripts. MACD (X0 or XX no! Not kisses and hugs) must confirm/filter price chart signal (Price must penetrate all chart indicator lines and get a Lorentzian green flag. Note : displayed WINRATE is associated with Lorentzian ..
No guarantees. Luck always helps.
Pretty obvious we are on the brink of a year end rally based on seasonality and election cycles OR we are about to see the biggest system crash since the great depression based on absolutely bananas monetary policy for the last 50 years and over correction helicopter money from the Federal Reserve.
As always based on price action, timeline, and risk VS rework...
Ive never used butterfly patterns but thought this looked close to one....Perhaps it's possible 🤔
If you could offer any insight I'd appreciate it, thanks
$SPXU - bears are in control after CPI release
Shorting the US market is not an easy business, but this is the trend since the beginning of 2022 and there is no sign of it changing.
In addition to my previous post...
On Friday I have been stopped out from both $SPXU and $SQQQ, locking in roughly 1,5% and 2% profit accordingly. I have also been stoped out from...
Look at the candle small capitulation nice tail
Look vol more buying then selling
look daily stoch trying turn up
look at weekly stoch heading up
stop under todays low 15.31
target 20
Yesterday on ''better'' than expected inflation data triggered some s/l-s, maybe it was driven by fixation of long positions, because in my opinion SPXU is heading higher from current level.
Let's see.
risk moderate or around 0,7%
Disclaimer
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Strategy
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SPXU is inversely correlated to the SPX.
Trade SPXU...
What do you see when looking aty these charts? I see higher highs and higher lows.
The NASDAQ:SQQQ broke a short-term trendline to the upside and then, the AMEX:SPXU followed.
Now the next test is the last week's high, which it seems that it will break today. If it does, the next resistance is at the June highs. Thats +34% for SQQQ and +25% for SPXU, it...
Is The US market crash coming ?
We have 3 types of “crashes”
Correction <15% downward movement in a major indicy
Bear Market <20% downward movement in a major indicy
Black Swan event, something very unexpected that tanks the market, think 1987, 1929, challenger disaster, 911 and so on.
The fourth type is the 1919, 1929, 1999 and 2008 scenario that people...
