ProShares UltraPro Short Dow 30 ETF Is The US market crash ?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 generally refer to as a “crash” 2022 a new one ?
Sincereley L.E.D
In Spain 14/05/2022
ETF
Iron Condor XLE 13 May 2022XLE 13 May 2022
The current implied volatility is at 36.3%/year
So that converted into daily is 2.3%
Since we are in need of the open price for the highest accuracy, I am going to take the current price
which is 79.3(you can also wait for the opening price and take +- 1.8 points from the open candle value)
So based on that our channel for today is going to be compressed with a probability chance of 85% within
TOP 81.1
BOT 77.5
From fundamental point, today we have no big volatility news that can impact our asset.
At the same time the current values are expected to be sidemarket/bullish.
At the same the weekly expected channel top and bot values for DIA were
TOP 335
BOT 314
Reaching last 2017 peak VS 2020 Halving0. The above chart was made in view of the possibility that the four-year cycles of BTC is likely to change to three-year when BTC reaches the 2017 peak before 2020 Halving. If you look at the main chart, you can easily understand. Therefore, the explanation is omitted. This article is not for sell or buy. If you liked this idea, please, 'Thumbs up', 'Follow', 'Comment'~^^
< 2014 ~ 2017 > F1( 11488% ), A1( 87% ), B1( 43% ), C1( 54% ), D1( 66% ), E1( 1606% )
< 2018 ~ 2020 > F2( 2430% / 10359% ), A2( 71% ), B2( 38% ), C2( 57% ), D2( 69% ), E2( 305% / 1580% )
1. the comparison of indicator : 50MA, 100MA, 200MA
2. Current Coin Market Status
- Coin Market Cap : $ 325 Billion
- Bitcoin Dominance : 62.2%
- Volume by National Currencies : USD( 74.8% ), JPY( 14.7.0% ), KRW( 5.8% )
3. The Comparison of Coin Market Cap
- Coin Market Cap : $ 325 billion
- Stock Market Cap around the world : $ 50 trillion / 0.68%
- Korean Stock Market Cap : $ 1760 billion / about 18.5%
- Samsung Electronics Cap : $ 230 billoion < Coin Market Cap
4. Futures Expiration date
- CME : On the last Friday of every month at 4 pm
- CB0E : X
5. Korean Premium
- BTC(3.5%), ETH(3.5%), XRP(3.5%), *** GTO(28.0%), STORM(7.5%), GNT(5.5%)
6. Other Long-Term BTC Forecasts
- A similarity with the 2015 bottom &Influence of halving
- The rising curve by pattern
- A similarity with the 2015 double bottom
CANE - Fertilizer Shortage TradeIt's a Brave New World. Fertilizer was facing a shortage going into 2022 (like most commodities, it has had a undersized amount of investment, with tech seeing most of the in flows) but after the Putin YOLO (that's my ELI5), potash is now in shortage. Using that fact as a basis for expanding my commodity thesis to include more food commodities.
I picked CANE because of the chart. Sugar has not caught bids like soy and corn and it's chart is a screaming buy. Before smashing the market buy button like an ape, watch the long standing resistance level we are at right now. This resistance has held since 2017 so this is a critical level. I am expecting a retest at the 9.75 level where I will be looking at the volume response. I'm so itchy to buy that I might buy regardless of response, the tailwinds are simply too strong to ignore. It is taking a great deal of restraint to wait for a response but since it is such a vital level and I want the best entry possible, patience and watching volume response is the name of the game.
I will update with entry price. Happy hunting, Good luck, and God speed.
Weekly Prediction 9-13 May XLEXLE Energy Sector
9 - 13 May
The weekly VXXLE> Volatility Index for XLE Energy Sector
Implied = 38.6
In this we have to standard it for weekly session
38.6 / sqrt(52-> 52 weeks in a year) = 5.35%
My historical product is telling me with 1.2x coficient that the expected movement for this week
E Volatility = 38.93 / sqrt(52) = 5.4%
With this data, from my calculations, when EV > VIX, there were a 82.7% chance that the market
stay within the bottom and top created with the ranged from the E Vol
So for next week this range for us is going to be
TOP - 87.4
BOT - 78.5
Weekly Prediction 9-13 May SPY Iron CondorSPY
9 - 13 May
The weekly VIX -> Volatility Index for S&P 500 index
VIX = 30.2
In this we have to standard it for weekly session
30.2 / sqrt(52-> 52 weeks in a year) = 4.19%
My historical product is telling me with 1.5x coficient that the expected movement for this week
E Volatility = 31.3 / sqrt(52) = 4.34%
With this data, from my calculations, when EV > VIX, there were a 90% chance that the market
stay within the bottom and top created with the ranged from the E Vol
So for next week this range for us is going to be
TOP - 429
BOT - 394
Lets look into an iron condor oppotunity for trading:
429Call Sell - 432Call Buy
394Put sell - 391 Put buy
This is giving us at the current moment a 0.32 expectancy
So taking into account from 1166 weekly candles, that 89% of the times the market stay within our top/bot channel,
Our profit margin would be 89.4% * 0.32 - 10.6%*1 = 18.6ROI after 100 trades
SARK The Most Profitable ETF !!If you haven`t bought SARK at the beginning of this year:
Then you should know that SARK or The Tuttle Capital Short Innovation ETF offers investors access to a short vehicle that may otherwise be difficult to execute on their own.
The fund attempts to achieve the inverse (-1x) of the return of the ARK Innovation ETF for a single day, not for any other period.
Looking forward to read your opinion about it.
ARKK and Cathie Wood = trouble
AMEX:ARKK
Like many people, I've lost $$$ falling in love with Cathie
Cathie has literally destroyed my portfolio.
Does shares bought at $150-$130 are now worth a quarter of that.
What is going on with ARKK and are we going to see more lows?
News:
All ARKK ETF’s continue to underperform relative to the S&P 500 is growing and Teladoc Health, one of ARK Innovation ETF’s most overweight positions, just collapsed in value last week.
Unlike Bill Ackman who dumped his funds $1.1 billion investment in NFLX and taking a loss of around $400 million, Madam Cathie is adding more to her position.
Charts:
EMA ( Exponential Moving Average ): Price action is below the 200 EMA (discount buying opportunity) Price is also below 20/50/100/200 EMA and are all pointing downwards! Looks like we've been in a death cross since November 2021 and we're not coming out of it anytime soon.
TTM Squeeze: Squeezing to the bottom but it looks like it wants to change direction at the current support line (super trendline; at the bottom of the pattern).
Fib Levels: with the price below the 1 fib and headed towards the 1.618, if the current support support line doesn't hold, we could see $ARKK in the $30s...(bye bye to my $44K leap call option expiring in December).
Candle Stick: Summary of last 5 candles equate to a bearish movement; you might as well just call them a 3 black crow.
RSI: In a great position which also supports the TTM Squeeze movement... No matter what happens on May 3rd or 4th, I should just buy some more at this point.
Pattern: Falling Wedge and still falling; Need a savior.
History: ARKK seems to have lost it's hedge and it's now crashing and burning; a breakthrough will be nice.
New possible resistance level after losing the trendAfter breaking out of the upper trend channel where VEUR was trading for the last year we find a new lateral channel that finds support around 34.6 Eur and might find a resistance level around 36.95.
Looking at the volume profile on this sideways channel we can see how it is clearly P shaped, usually a sign that consensus exits on the upper part of the channel.
This could indicate that a price around 34.6 could be a great entry for a bullish investor. Personally i would wait for a breakout in the channel either to the upside or the downside. It is convinient to look at the fundamentals behind this ETF, the energyu crisis y hitting europe heavely specially the UK, the 21,7% of the holdings of this etf are located in the latter country and it is experiencing a lot of uncertanity around supply chains and energy supply.
Personally i'll wait for a breakout and a change on the situation in Europe towards year's end, and depending of its direction i would adjust my position.
$STXRES ETF. Fake break and a big dropLesson to all (including myself). In volatile markets adhere to what TA is telling you. The fake break (circle) indicated fading strength. This was followed by huge weakness in a very short period of time. It looks like we're on a bit of support right now. It would be interesting to see if support hold.
S&P500 Breakout Long! Buy!
Hello,Traders!
S&P500 broke out of the bullish flag pattern
Which makes me locally bullish biased
And I think that after the pullback
And retest of the broken level
We will see a move up
Towards the target above
Buy!
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