$STXNDQ Satrix Nasdaq 100. Bull flag breakFlag break at 11728
Targets 12640 & 13500
Stop loss if we break back into this flag
ETF
SPY Move Up Ahead! Buy!
Hello,Traders!
SPY broke out of the falling wedge
After it retested the horizontal support
So now there is a high probability
Of seeing a move up on SPY
Buy!
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DXY (Dollar Index) analysisTVC:DXY
U.S Dollar Index technical analysis.
Bullish flag appeared
Support zone 111.800
Resistance zone 113.900
wow. chips are cheap even with all these dollars.the semiconductor industry stocks are so far outside of what is fair value to the downside that by december 2023 its just a guarantee that we will be back up to the tope of monthly envelope.
SMH ETF (Global Semiconductor’s trend”..20/Oct/22VanEck ETF which “tracking /invest” on 25 global major semiconductors stocks. Probably found its “base” @ around 148.90 - P/s. Probably the “next recession” might be caused by “geopolitical tensions” cause by 2 big brothers..A kinds of “wars e.g chips war, trade war, or “actual war”....” Probably an “Imposed /sanctioned by” a “freedom democracy/free trade” country toward “a so called not a democracy country”..
$STXRES Satrix Resources. Testing channel support (again)This channel is holding up pretty well with the top and the bottom of the channel being tested multiple times.
Best case scenario is support holds up once again and and we test the top of the channel
Worst case is this ends up being a bear flag, support breaks to the downside and we test support levels lower down (blue lines)
If you go long, impliment a stop loss. This is a bear market after all.
Trading Idea - #BlackRockMy trading idea for BlackRock Inc. - SHORT / SELL
Target: 593.00 USD (approx. 14% profit potential)
Blackrock is under pressure. The US state of Missouri is withdrawing money from Blackrock from its pension funds. State Treasurer Scott Fitzpatrick accuses Blackrock of focusing too much on environmental, social and governance (ESG) criteria at the cost of the return. In fact, $500 million were at stake.
The world's largest asset manager is also affected by the stock market turbulence. The assets under management are sinking, profits are falling. Blackrock reacts promptly and declares a hiring freeze. Only particularly important positions will be occupied.
Chart: The great hope in the second quarter was in the support forming around the USD 580.00 mark. The July impulse was only of short duration and the price fell below the 580 line. There is currently no other support in sight, so further falling prices are to be expected. The 580 USD mark could become a resistance line in the short term.
GLD: Sandbox ⛱After the hard work of finishing wave iv in magenta, we expect GLD to play a bit in the yellow sandbox between $150.72 and $140.40, all the while completing wave (4) in yellow. Then, it should get down to business again – or rather get up to business, as we expect GLD to climb northwards, crossing the resistance at $171.23. There is a 35% chance, though, that GLD could rise above this mark directly and without amusing itself in the yellow sand.
SPY S&p 500 ETF and the Midterm ElectionsThe U.S. midterm elections will be held on Tuesday, Nov. 8, 2022.
All 435 U.S. House seats and 34 of the 100 Senate seats are on the ballot.
If you haven`t sold the high P/E ratio explained here:
Then you should know that the Current S&P 500 PE Ratio is 18.10. Sill high in my opinion.
Even though my Price Target for the end of the year is $338, i expect a short term rally before the Midterm Elections.
Looking forward to read your opinion about it.
Corn ETF with inside bar signal $CORNThis ETF is the only good looking chart that I found.
With today's inside bar, a good risk/reward play would be:
Pivot buy at $28
Stop loss at $27
Target sell at $29.80
Lets see what happens.
QQQ - Keep an eye!QQQ - Keep an eye!
What interesting momentum we have had this week so far, plenty of great opportunities take a look at QQQ...It's brewing nicely.
SPY S&P 500 ETF game plan for this weekAfter last week`s rebound played perfectly:
As well as the the Head and Shoulders Bearish Chart Pattern:
For this week i have selected the 1h timeframe to understand better the possible movement.
I believe that we will see a rebound once again at the beginning of this week after the speaks of Chicago FED Presidend and Vice Chair of FED on Monday and Cleveland FED President on Tuesday, but the market will close once again red on Friday, after the bank reports, where i think we will hear about revisions and recession incoming.
Looking forward to read your opinion about it.
EWZ Megaphone PatternMegaphone Pattern can be seen clearly across multiple timeframes. We seek a restest on support and then a breakout of the current pattern.
What is an ETF? (exchange traded fund)
An exchange traded fund (ETF) is an investment fund that invests in a basket of stocks, bonds, or other assets. ETFs are traded on a stock exchange, just like stocks. Investors are drawn to ETFs because of their low price, tax efficiency and ease of trading.
ETFs seek to provide the performance of a specified index, such as the S&P 500, and typically have low fees.
Like mutual funds, ETFs offer investors diversified exposure to a portfolio of securities, such as stocks, bonds, commodities and real estate.
Why are ETFs popular?
While investors often associate ETFs with large stock indexes, such as the S&P 500, ETFs provide access to virtually every asset class, sector, region, theme and investment style.
ETFs are popular because of their low fees, tax efficiency, liquidity and transparency. Since the first ETF was launched in 1993, the ETF industry has grown substantially, with more than $3 trillion now invested in ETFs.
What are the benefits of ETFs?
ETFs cost significantly less than comparable active mutual funds — and that savings can add up over time. Other benefits include:
Access and liquidity. Because ETFs are traded on stock exchanges, they are easily bought or sold.
Transparency. Just like mutual funds, ETFs report performance quarterly and fees daily.
Diversification. ETFs provide access to a wide range of investment options, covering a broad range of asset classes, sectors and geographies. They also make it easy to select specific themes or investment styles.
What are the risks associated
with ETFs?
Like mutual funds, ETFs carry investment risk depending on their asset class, strategy and region. Some ETFs are riskier than others.
In addition, if you invest in an ETF that holds securities in a currency other than your own, movements in the foreign exchange rate may affect your returns.
a better chart for anyone upset it was clear what I meant. 1st chart was a a bit vague for some people so i wanted to help clear up any miss understandings and make things much more clear. Trying to be helpful can come with its own learning curve. I hope this chart helps better explain the verbage its attached to with the one prior. Happy to help .
Fill the $37.85 Gap before the $36.85 It seems likely we fill the gap above Before the one below. Once we get Both of these gaps filled, we will then have a BIG decision ahead of us.
Most likely more Drama to come sooner than later but i could be wrong. Either way even if we claim 3800 back on the big boy and turn it into Temporary support again. I still see a bigger drop coming at some point to 3200-3400 ranges. I think that's the Real support and first line of true defense in the cascade DOWN.
To me this is just a relief rally underway and even if it turns into a BIG one it's still more DOWN to come.
SADLY, i see world economics /macro etc. getting MUCH worse over the next 6 to 18 months MINIMUM.
DIA - A Clean Long SetupA good bounce from support zone ,I'm expecting bullish engulfing candle in week to give proper confirmation. Target T1& T2 and Stop loss are clearly given in the chart.
Buy near 290-295 SL 282 T1 310 T2 320
$GOLD miner ETF a break of descending bear
channel downtrend
suggests move higher to
overhead resistance at 29.00
Stochastics divergence on
recent low suggests $gold
minders ETF should
move higher
✅SPY WILL GO DOWN|SHORT🔥
✅SPY is going down currently
And the pair is breaking the key structure level
So if the breakout is confirmed
It will become a resistance,
And after the pullback and retest
I think the price will go further down
SHORT🔥
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SPY S&P 500 ETF Double Bottom Technical ReboundIf you haven`t shorted the SPY Head and Shoulders Pattern:
Then you should know that a technical rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold.
In this case, the Relative Strength Index momentum indicator of SPY S&P 500 ETF is at 24.05 on a Double Bottom Reversal Chart Pattern.
A double bottom is a reversal chart pattern in technical analysis that describes a change in trend.
Even though i am overall bearish on the economy, buying a strong financial instrument when the RSI is below 30, would make a case for a potential short term reversal.
My ultimate price target is $338, but for now i am bullish.
Looking forward to read your opinion about it.
wtic short to 51long the bear etf $DRIP until oil hits $51ish
we back to extreme market #Bayesian theory in #oil because it's decoupled as the energy storage cuz we have #bitcoin.
117-15=102
102/2= $51
keep IQ low here
SPY opening close to flat. Intraday and weekly areas of interestThe spy is in a down trend on the weekly, and close to making new lows for the year. Looking to see if the previous support zone holds or if we break lower. Intraday levels of trade interest for me are in the video as well as weekly chart targets if price breaks lower.
S&P500 Local Long! Buy!
Hello,Traders!
S&P500 went down to retest
The horizontal support level
And despite my mid-term bearish bias
I think a local rebound is possible
Buy!
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