UUP | BullishUUP shows strength on daily and so on weekly chart and currently bullish. That also reflects on Oil prices heading higher.
ETF
iShares Russell 2000 $40 per share shortThis is a trade that I have been watching for a while. We have a near perfect Wyckoff distribution pattern playing out. Partner that with all of the negative press around the USA recently and this trade is the one that I am most confident in. I expect a move down between $50 - $60. I will update as the trade becomes active and my thoughts as it plays out.
✅NASDAQ: TECH BUBBLE OVER? SHORT🔥
✅NASDAQ was trading in a nice rising channel
But now we are seeing a strong bearish breakout
From the channel and with the lower low
Being established that means with the high probability
That the current uptrend is over!
I think we will see bullish rebound
To retest the broken rising support of the channel
From where the index will start falling again
With the target of making at healthy 25% correction
Unless of course the market scares the hell out of the FED
And it will promise not to touch rates
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
DIA , a long term investment opportunityDIA , a long term investment opportunity.
If the price drops more, I will buy more
Target is about 15% invested Capital Gain
My positions will stay open until the average price target is hit
NASDAQ Riksy Long! Buy!
Hello,Traders!
NASDAQ broke out of the rising channel
And fell sharply by 13.8% from the highs
But is now retesting a wide support level
From where a bullish rebound is possible
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
$SPY Critical levelsAMEX:SPY is at very critical levels right now. 50EMA on the weekly chart is support, if it breaks we're back in the megaphone pattern which can lead to drastic bear market
NQH2O You have at your disposal the graph of the WATER index, with its trend,
I hope it will help you.
Sincerely, L.E.D. In Spain on 01/20/2022
Nifty ETF investment strategyHere is the best strategy for ETF Investment.
In the daily timeframes, when the RSI period 3 goes below the 20 value, then just buy the ETF in good amount. The return is very good.
For example in the above chart I have marked some of the signals.
You can also set the alert on RSI to get the signals.
DOA trading Strategy - SPY#SPY - 15 mins DOA confirmations have fired green
as mentioned yesterday we should see a nice bounce at HL
Now its currently bouncing at HL, possible fill gap and touch that LH for a final squeeze 👍
S&P500 Will Go Up! Buy!
Hello,Traders!
SPY is trading in a long term rising channel
And I think that the rally is over yet
Because the FED's asset purchases will stop only in March
So I think we might see one more leg up
On SPY before the first rates hike happen in mid 2022
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
Week 4: Sector ETF Expectations I use sector ETFs in my IRA account. Currently, I hold XOP and XLF, and I wish I held XLE. I will try to buy XLP (Which shouldn't be a problem) next week.
For Week 4, I'm expecting XLF to firm up and XOP to come in a bit. XLE would be kind to give me an entry point at prior resistance/ support, but we'll see. Oil looks darn strong at the moment.
XLF (Held), hurt me Friday, but held support.
XLE on fire
XOP (Held), can it hang on and break through resistance?
Bitcoin Death Cross Scenarios$BTC closed Jan 6th Daily with a bearish engulfing candle, providing indication that selling momentum remains strong.
Unable to sustain long-term mid-channel as support, increasing likelihood of 100 EMA falling below the 200 EMA for an impending "death cross" in near future.
Bearish structures continue, double tops, head & shoulders losing neckline support, Lindsay's 3 Peaks & Domed House.
Overall, macroeconomic picture shows markets are overheated with Fed communicating multiple rate hikes are imminent. Market indicators (M2, PPI, CPI, Rev Repo, etc.) clearly reflect bumpy road ahead.
Bitcoin support levels to watch - Going to $38k
Potential to continue downwards for support at:
1. Best Case: $35k
2. Likely Case: $30k
3. Worst Case: $19k
4. Candle wick low for worst case is potential of $12k to $16k
Invalidation scenarios:
1. Unlikely: Continued QE and "stimulus" delaying an overall major market correction
2. Possible: Market sentiment changes and BTC is considered a hedge to protect principal
3. Reversal: Bitcoin Spot ETF or other catalyst causing inflow of new money or broader institutional buy-in.
Think like a whale!Look at this scenario! There is a good chance that we will see the market top in March. Whales want to liquidate everyone and get your coins! Be careful and avoid perps.
Invalidation: None of the BTC spot ETFs get approved. Top of the market will move to the 2nd half of the year. This is highly unlikely.
$UVXY meltdown preparation *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Some of you may have already noticed, but my team has taken this very bullish market day as an opportunity to close out the majority of our trades that trade with the $SPY. Our bullish stance on most of these companies still stand, but we just don't see any opportunities where we can capitalize and make a profit from them in the near-term.
My team isn't against trading with the retail crowd, but we do not plan to rush to our deaths. Instead we will be investing our funds into a $SPY inverse ETF. Lucky for us this ETF is down -17% today because futures jumped so high today.
This is simply our opinion. Feel free to hold on to your positions, you will be rewarded in the long-term. My team just expects further discounts on these companies in the next couple months.
Closed Trades: $TLRY $CHPT $GORO $PINS $MU $BABA $FB $KOS $CLF $GE $SNE $TARA $LODE $MIRM $CINR
Our Entry: $17
Take Profit: $28
If you want to see more, please like and follow us @SimplyShowMeTheMoney
XLB Nearing DECADE Long 2.618 ExtensionTrading plan on chart. Need a break and retest of the $94 area before adding positions. Favoring a corrective wave to add new positions. Earnings season could be the catalyst to spike into an ending diagonal (pointed out on chart).
This could be one of the top sectors for 2021 but I'd like to wait for a pullback to add.
If you get anything from this post please like and share. Start the conversation/debate in the comments :)
Cheers and happy trading!
Casey
S&P500 Index (SPY) Buying on Dips 📈
I bought SPY again.
After setting a new ATH the market retraced to the support line of a major rising parallel channel on a daily.
My confirmation was a bullish breakout of an expanding wedge pattern on 1H time frame.
I expect a bullish move to retest the current high & then to new highs.
❤️Please, support this idea with like and comment!❤️
✅S&P500 WILL KEEP GROWING|LONG🚀
✅S&P500 is trading in an uptrend
Bound by the rising support and resistance lines
And after the price recently retested the support
I think that SPY will keep growing with the target being
The rising resistance line
LONG🚀
✅Like and subscribe to never miss a new idea!✅
STXRES FTSE/JSE Capped Resources 10 Index . Flat top resistanceCould see some resistance at the 7500 level. Hoping for a break. I have a position.
Stocks To Watch This WeekWeekly charts showing what is working in the market. I show the ETF first and them some strong names in the group. Get a pen and paper because I go quickly and make the trade your own.. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 35 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
Betting on human tendencies for the long run, ARKQIn trading and investing the crowd is not your friend, this mantra or some derivative of it gets repeated and parroted by the talking heads and investment gurus like a broken record, the irony is that they are the proverbial crowd they so fervently encourage retail investors to avoid. They are correct though, the herd does always loose and so it is no surprise that once Cathy Wood's, ARK brand of funds rose to popularity their stellar performance ground to a halt. This does not mean they are not worth investing in or that the philosophy behind the funds are doomed to failure. Now I am not some massive Cathy Wood fan and indeed I only invest in one of her funds but it is hilarious to watch the talking heads and self-reported experts jump ship and start an almost daily string of criticism after her funds suffer a single year of poor performance. Was it ever reasonable to assume she could continue the performance of recent years, from its inception near the end of 2014 her flagship fund ARKK rose to its peak in Feb 2021 almost 700%, while the S&P 500 rose 95%. In a world where the majority of active fund managers significantly underperform the market did anyone think this was sustainable? Even after a horrid year ARKK is still up 320% while over the same time period since 2014 the S&P 500 has risen 132%. Who can honestly say over a 7 year period they have outperformed the market by nearly 3X not many people I would wager. To conclude I find it incredibly reassuring to see the daily criticism of Cathy Wood as usual the experts will mislead the crowd and just like they were no where to be seen before Woods funds rose to prominence they will fade away and change their tune once they start to perform well again.
So with the above information in mind I would like to remind people why I continue to add to my holdings in ARKQ. ARKQ is one of Cathy Woods fund that invests in robotics and artificial intelligence. I find this fund very appealing over a 20-30 year time frame for one major reason and that reason is human nature. For all of human history people have tried to build machines to accomplish tasks better, faster, or with less effort. This constant innovation has resulted in almost all repetitive and predictable tasks now being automated and performed by robots. The limiting factor until recently has been the inability for machines to complete tasks that could not be easily broken down into repetitive predictable patterns. With advent of AI this will all change and I predict over the next 20-30 years machines powered by AI and equipped with advanced sensors will start to take over an unimaginable amount of regular human activities. The easiest way for a retail investor to benefit from the growth in these industries to allocate their capital to a diversified ETF that invests in these industries. Cathy Wood is a divisive figure but her record cannot be denied, ARKQ is up 272% since inception vs the S&P 500's 138% over the same time period. While 7 years of results during a strong bull market are not conclusive I believe the future will show that this is a good place to allocate capital.
Starting to buy ARKK here.Not a big stock guy but shifting capitol from crypto to diversify into some investments that actually represent tangible companies that make things lol. Strategy is to buy stocks/ETF's at standard classical pattern supports that are down 30-60% and let it ride. I am betting that 8 out of 10 stocks I am about to punt will not go to zero and that 40-60% discounts is a good deal. Falling wedge here and a nice dogi daily candle forming. Not advise archiving thoughts.
SPX500 Index Investing -Popular method yet less known methodDo you know regular & consistent investment strategy leads to wealthy financial asset creation ?
Simple way of doing the investment would result bigger wealth accumulation over a period of time.
It is interesting ,Backtest proves YES it works :)
Have collected data of SPX500 from 23-09-2013.
Goal was to put 500 USD every 7D (weekend ,holidays excluded) & irrespective of Markets accumulate the units.
This goes like this ....
2013-09-23 1695 500 0.294985251
......
......
......
2022-01-3 4788 500 0.104410073
Summary :
Total USD invested : 150000
Total systematic investment : 300 times
Total Units accumulated : 59.73
Current value of the investment : 286059
Profit percentage : 90%
How you can do this kind of analysis,The data can be downloaded from Tradingview .
Go to Menu (top left corner)--> Export Chart Data -Download the CSV --> open the CSV file - keep only Date ,Open,high,Low,Close data and in F column and G colum do the math and sum the data from F1:F300(last row) G1:G300 you will get the accumulation value.
Refer the screenshot i put below in comment section that will show how to do this.
If you like this Comment and like ...
