Went long SPXL @ 102 yesterday. Look at the daily candle called a capitulation candle shorts pounded long came in yes the PPT. They will do what they can get back above 200 day Daily stoch turning up we held the low today of yesterday drop. I see rally to 450-460 area to the 50 day ma fail, drop make new lows. CRASH HAS STARTED TOPS IN. Look weekly stoch heading...
www.screencast.com Look at that stoch heading south and are we under the 50 day MA and we made that lower high, See S1 130.74 we closed above support so I took some off shrt made 7% still shrt Weekly rolling over some not enough though playing the daily chart stoch, support.
Daily stoch going up but as I said earlier in long she is making lower high. look vol more selling then buying. Look todays candle Lets see Daily starts roll over and we close under 50 day MA Have trailing stop in Target 128
Daily stoch heading up bounced off 100 day 3x and over the 50 day ma vol not bad we need a pull back took 3/4 off today trailing rest uptrend
Shorted small shares 41.80 huge resistance daily stoch trying to roll over, and indecision candle More selling then buying, but we have earnings my side I have for me that resistance vol and TNX dropping qqq like low rates banks don't.
Daily stoch on bottom turning up looks great. Needs get abve 50 day and can it test highs or fail time will tell. Earnings start Friday banks which spxl spy usually rallies.
This is high risk trade its a long. With TNX at 1.77 well that does do well last time it dropped xlf when rates that high. So I went shrt. www.screencast.com see it running into resistance
Lets look daily stochs srating roll over again look vol more selling then buying Lets look see t cannot get above 100 200 day and hold staying shrt still small shres 210 took 3/4 off from 233.61 great shrt. lets look know weekly starting to roll up, so I took some off still shrt
Lets look daily stoch starting roll over look at the vol more selling buying. Having problems at the 50 day I shorted into it. Lets look at the weekly rolling over and we have lower highs
Lets look daily bounced off the 100 day 2x stoch on daily on bottom turned up caught it 2 x still long, Took 3/4 off the long still long Lets look weekly on the bottom perfect trade. tell me stoch don't work.
while SPXL was dropping I was shorting IWM. I use SPXL for longs only why. Hard to short and what Goes first IWM, XLF . Look see daily red arrow I shorted IWM 233.61 still short look daily stock rolling me took some profits 233.61 to 212 still shrt Look weekly rolling up I am still shrt cause weekly has not broke up thro 30% on stoch and daily has 100 200 50 DAY...
Look daily stoch on bottom and look bounced off the 100 day for the 2 nd time. See the first time I bought off 100 day ran 122 to 139 took profits. look she dropped again. I said she breaks 50 she goes 100 and she did. Went back long 100 day again 124 its 139.63 took some profits up here staying long Look weekly stoch looks great rolled up over higher low. They...
Lets look Daily stoch heading down looking test 100 day again at 451 test low. It breaks we go 200 day 434. See if the hold 50 day . Also look vol more selling buying. My thinking we drop. Trend is down
Lets look at daily stoch red is where I shorted the daily heading down that why. Know lets look daily stoch today and look at bottom green arrow. Look at the bottom BB line on bottomed and sideways, Know looking possibly a bounce back to 200 day 225 Will watch may try get it. the daily broke the the 100 day 200 day 2 x . Look at vol more red selling then...
Lets look at daily stoch. Rolling over and we hit 50 day MA twice and failed break out Look and we broke 100 day MA not 1 but 2 times. Look vol buying vs selling lot more red. Know the key is also TNX it is dropping . Know lets look weekly stoch its rolling over meaning trend is down. Know u now these crooks see how we open ,they will try defend 100 day 38.70. My...
Will look at my position and where market may be going look at the charts
Update on IWM XLF shorts Update on SPXL FAZ longs Comments are welcome
I will explain my positions and the TA on why I bought or sold comments welcomed