With the DIA at fairly long-term overhead resistance, I thought I'd set out how I'd potentially take a bearish assumption directional shot using a defined risk options setup where the max loss is known from the outset. There are several ways to go about this: 1. Short Call Vertical Buy the September 15th 351 call and sell the September 15th 346 call, resulting...
BIG 3... This is what I see from this price action. No depression. But a two-year cool down forming a bull flag. Weekly buys from here on out on all three for me and my family. HODL LONG TIME.
Dow 36,000: A New Strategy to Profit from Coming Stock Market Growth is a book published on October 1, 1999 by columnist James C. Glassman and economist Kevin A. Hassett in which they argued that stocks were significantly undervalued in 1999 and came to the conclusion that the market will grow 4 times, and the Dow Jones Industrial Average TVC:DJI will rise to...
DIA is ranging. Want to see a small selloff down to a daily imbalance before we move back up.
🔹DIA is breakout horizontal trend channel in the medium long term. 🔹DIA has marginally broken up through resistance at 341. 🔹Overall assessed as technically POSITIVE for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder |...
I'm tired of the Nasdaq, not sure what's going on in the market. Keeps pushing up for no reason. Anyway, this is a two weeks chart, looks like DOW is pushing to break up the consolidation. Some stocks like NYSE:CAT already broke up. I wouldn't be short even in VIX is in the basement. It may pull back but not much. This is a new era. Indicators means nothing,...
no1 ever mentions this one, is she ready to shine bright like a AMEX:DIA -mond? if she can push through some res (not going to be easy, but so close) this is a nice multi month swing setup. last chart that looked like this was NASDAQ:NVDA in January
The DJIA (Dow Jones Industrial Average) is in a huge symmetrical triangle and is poised for a massive move either up or down. There is no more space within the triangle to remain undecided about the direction of the move. Both the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are near the centerline, confirming that we are ready...
Asset and Time frame - DIA, Weekly Entry Price - 331.88 Exit(Stop Loss) -344.88 Exit(Take Profit) - 292.56 Technical Analysis - Price action reached the 332 resistance line after multiple touches and rejections,it also under the 100 WMA after a failed attempt of making a new high,the only thing that bothers me is the 2WMA that is in our way of reaching the TP,...
Lol. Bulls r so F'd nd no one even knows it yet. Point target 307 by end of June, Arrow is green because that's the color of money - buy puts, that will just be the beginning. Probably not haha... but I wouldn't bet against me. CHECK THE HISTORY Trump 2024!!!!! ---------------------- Jerry Manders where you at?? H@ck3d
It's important to know where the technical levels are when investing / trading. The most basic technical principal is support and resistance levels. Stock prices move because of the overall supply and demand of all market participants combined. There is a multitude of catalysts that can affect price action, such as newsworthy current events, fundamental earnings,...
DIA daily went to a sell, waiting for price action to approach the P.O.M.O Position of maximum opportunity on DIA. With such a nice risk reward why not. My idea would be to play it via SDOW This short is riskier, Vix 1hr and 15min are R/R. DIA and SPY 1hrs went green. You just want to note the daily went to sell on DIA, waiting for it to retrace up to the pomo'y...
Boy, are these markets something else. Since before 2008, markets correlated relatively close to economic data. Since the introduction of Fed intervention with slashed rates and Quantitative Easing, "markets" were able to "shrug" off even the worst geopolitical and economic events. In fact, it defies all logic. Logically, markets can and should ignore all TA...
Chart: SPX daily and 15 mins From tech side of analysis, SPX gave a hammer doji on daily chart, which kinda makes today's trade become very hard. Non-farm payroll and unemployment data will release tomorrow while market close, therefore, I don't think traders will do too much to bet the data and holding positions over weekend. Therefore, with no more important...
... for a 2.99 credit. Comments: I don't usually play DIA because its volatility is generally lower than the rest of the majors (which is why I'm having to go out to June to get paid for a <16 delta short put). My IWM, QQQ, and SPY positions are getting somewhat crowded here, so just putting a smidge on. As usual, targeting the <16 delta strike paying around...
Dow is hitting the top of the channel. But check all the noise under it. I'm buying puts tomorrow and selling them at the end of the day or the next day. Isn't worth to hold too long in this environment.
Tomorrow the Final GDP will be published. This could push the price down very fast. There is going to be a lot of volatility, I am going to speculate and buy some put options that expire on March 31 and strike price $325 and see what happens. Wish me luck.
... for a 2.95 credit. Comments: Adding another rung in the DIA's, targeting the <16 strike in the shortest duration paying around 1% of the strike price in credit.