Looks good for a run up.
Overlays seem to indicate on intermittent occasions, SPXU seems to better track consistently with VIX rather than inverse of the S&P500. Appreciate any feedback or criticism.
I am looking to use this as a way to fade the recent rally. Will update manually when I close trade, I may be in a bit early, we shall see.
SPXU is reaching a strong support with a potential upside of 8%. Low risk stop loss of 3% makes this a great buy moving into next week.
SPXU price possibly changed the trend and price breakout daily down trend line. hope will go long and wait for 200 ma crossover for entry confirmation. I also watching this one .
Hi, today we are going to talk about PROSHARES and its current landscape. We have a symmetrical triangle in the process of formation. If this triple top doesn't be overcome, the most adjusted movement for the asset its the continuation of this triangle. If a breakout occurs the next lonely top will be aimed by the bulls. Thank you for reading and leave your...
These ETF's started to move up fast when the President made a negative tweet about Chinese trade. If the downtrend continues these are great swings and good covers; and they very good long at the moment. Watch early tomorrow and consider buying if the S&P 500 and the DOW open in a sea of red (check futures late tonight for an early indication).
Keep it light just in case, but it should rise until after-hours ends; and, you can sell early Monday pre-market, or hold on to it if futures are down to see what happens at the open.
Outline of SPXU versus the S&P500 as a means to shorting the US equities market. Outline ------------ I fully believe that there will be a serious correction if not outright crash in the near future as many companies are trading with significantly inflated values relatives to their fundamentals and of course the general state of the world economy. I have been...
As the fear and greed index moves into the red (fear level now 45) these inversed ETF's are starting to make slow steady gains again, and will speed up as the market starts to move down again. Might as well make some money while otherwise good trades get harder and harder to find. 1, 2, or 3X inverse....whatever you want.
Everything is breaking down this morning it seems, no matter how good the trades seem to be; and, the inverse ETF's are creeping up. Is the rally over....stay tuned till Thursday to see what happens when Pres. Trump and the Chinese president talk for the first time since the breakdown over tariffs! In the mean time plan an out and consider what inversed ETF's you...
Not financial advice, just a really good idea. AMEX:SPXU
SPXU and TZA both short the market 3X, but SPXU shorts the S&P 500 and TZA shorts the Russel 200 Small Cap Index. Keep that in mind on day when the market tries to rally a little in the morning while this correction is going on due to the China-US trade war. The S&P 500 has more staying power due to the sheer size and monetary strength of some of the better known...
I REALLY hope your taking advantage of these types of ETF's to offset your losses; I've been pointing to them for several days but few are even looking?