ETF
Just Some Food For Thought Seems like we have seen this before....Oh wait, we have. There are so many factors that are going against BTC right now such as the global markets. Do not fall for the hype that BTC is somehow detaching from traditional markets and will be a safehaven investment class. Bitcoin ETF news is simply another scheme to get people to believe. This is a final trap before the big plunge down. Volume is lacking, but yet price is pumping. Inflows into exchanges is extremely high (Usually indicative of a dump waiting to happen). I am in no way a bear, I simply trade the market on the way up and attempt to do the same on the way down. I do my best to detach my emotions from my analysis, which everyone should do to be a successful investor. I just dont want to see the little guys (all of us), get crushed by an exit scam from the whales.
I firmly believe that we are in the 4th wave of this cycle and we will see new all time highs sometime in 2022. But with that said, now is not the time to load up for the 5th wave. There will at least be one more large dump before we head back to the upside. The 20k range makes the most sense. If we reached the 20k range most would be screaming bear market and it would allow the whales to accumulate large amounts for the 5th and final wave.
It is easy to allow our emotions to get the best of us and cause us to make irrational trades. Do not be one of those people. If you are looking to become a long term holder, I can assure you this is not a proper entry postion. Wait for the massive correction that is incoming and you will be very happy in the end. Once again I am not a bear, I am simply a realist.
Thank you for viewing my post!
This of course is not financial advice, just my personal opinion.
ETF Picks For The Next 5 YearsI don't post about stocks or ETF's very often. I got into investing via crypto - and my intention wasn't necessarily to make money either. I had lost faith in the current model of our banking system, and became inspired by what I saw as an alternative. That alternative also ended up being a good financial decision. Ironically (I say this because most investors and traders own a smaller percentage in crypto), my stocks only make up around 2-3% of my portfolio.
There are two reasons I've begun investing a little into the stock market (mostly via ETF's) since I pulled my inital risk from crypto:
1) I'm testing to see if my strategy for crypto (buying into fear, dollar-cost-avergaing, and being extremely patient) will work with regard to the stock market, and perhaps benefit me financially.
2) I genuinely support the marijuana industry and the clean energy industry. Yes, nuclear is considered to be "clean" energy. I picked nuclear because it's flying under the radar, at least in terms of what's "hot" right now.
Looking at the weed industry
Weed is currently a $60 Billion industry. That's actually larger than Tobacco. So, is it still undervalued? I think yes, since tobacco has significantly fewer uses. But let's look at something that's more widespread AND less healthy: Alcohol. The global alcohol industry is worth around $1.4 TRILLION. With that in mind, I think it's fair to assume weed can eventually become at least half as big. It won't be consumed in such large quantities, but I think the uses and applications for it will be quite widespread. What does this mean? It means the value of the Weed sector can grow at least 10x, and it can happen over the next decade. The $170 target is shown on the chart. However, MJ is not in a bull market yet. Despite this, I have been adding slowly. My trendlines show that this could be a decent place to buy. Horizontal supports are also outlined.
Looking at Nuclear
The safety of nuclear power facilities has dramatically increased. Interestingly, URA had been in a severe slump since the Fukushima incident. URA ultimately found a bottom, and is now in a bullish trend, with a golden cross on the weekly. I'm targeting all-time highs. The first big pullback is underway, after the recent incident at the Chinese nuclear facility. My first entry was near $15, but I am slowly buying dips. I also added a small URNM position, which comprises companies that hold physical Uranium. It may perform slightly better.
Of course, I may be wrong. This is why I'm buying slowly and cautiously, rather than piling in all at once. That seems to work with the slow-moving stock market.
I also have invested a little into some other clean energy sectors: solar, hydro, and wind.
Let's see what happens! Certainly not much fervor surrounding these ETF's at the moment, but it's always best to prepare, rather than react emotionally. Definitely learned that from crypto.
This is not financial advice. This is for my personal record, speculation, and entertainment only.
-Victor Cobra
VDJP Weekly - Starting to accumulate againFollowing the successful break of the bull flag and the quick follow through, there is no surprise that we are seeing a pullback on this ETF. I am starting to average back in after slowly taking profits from 27.50 (prior high) and above. There is no sign of a bottom here, but I am happy with the current price and will buy more if we move lower. The long term weekly picture is still positive as long as we stay above 24.50. I would still like to see 31/32 as a full target here.
ARKQ pick up some extra shares as it nears supportARKQ is an ETF started by Cathy Wood as part of her ARK brand of ETF's that invests in growth technologies. ARKQ specifically targets robotics and AI and I regularly invest in this ETF as well as ROBO issued by Exchange Traded Concepts as my way of gaining exposure to an industry I believe will experience above market growth over the next 20 years. As with any long term investment I do not believe it is especially useful or necessary to attempt to 'time' the market, however I do think that using technical analysis you can add to your regular investments by purchasing additional equity at oversold prices. This does not mean you attempt to pick market bottoms but rather find levels where selling may have become over exuberant and prices are likely to stall or experience a rebound. ARKQ is approaching the bottom of a range that has developed since early March this year and I will be purchasing some extra shares as price enters the highlighted zone on the chart. The market is experiencing headwinds on many fronts at the moment and prices are very likely to push lower through this support level, if this happens I will continue to purchase additional equity at each new support level. It is important to maintain discipline and composure when engaging in long term investing, fear and panic experienced by other market participants are perfect opportunities to add to your positions at bargain prices.
*Not a recommendation to buy or sell, simply for educational purposes*
✅S&P500: BUY THE DIP? KEY LEVELS TO WATCH🚀
✅S&P500 broke out of the rising channel
And after the retest fell back to the breakout low
Just as I predicted in my previous analysis
Now, I personally doubt that this is the end
Of the Great Covid Bullish Rally
So following the buy the dip strategy
That worked so well during the last 2 years
I've Identified two key levels
One at -6.5% and the other at -11.7% from the all time high
The latter is a great level both technically
And also because its an important round number
A gravity centre for the options trading
The -11.7% correction is also big enough
To convince many institutions that its safe to buy now
Thus,If you are looking to buy
Watch these levels closely!
LONG🚀
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Bitcoin’s strong recovery to $49,000Both moving averages(EMA 20 And SMA 50 ) on the 4-hour chart are sloping up and the RSI is near the overbought zone, indicating the path of least resistance is to the upside. The price has been consolidating in a tight range between $47,000 and $48,495 for some time.
If bulls thrust the price above $48,843, the pair could rise to the psychological mark at $50,000 and then challenge the stiff resistance at $52,920.
Conversely, if the price turns down and breaks below the 20-EMA, it will suggest that short-term traders are booking profits. The pair could then drop to $45,000 and later to the 50-SMA.
In any case, we have to consider the issue of ETF, which we will probably hear about in mid-October.
Whether with shaving or shedding or without bears and with bulls. We can expect bitcoin to reach $ 88,000 by early November.
Please do not base this on your sales. This is a personal analysis.
RUT (Russell 2000 ETF) - Resistance, Support, Trend - 09/05/21RUT has been consolidating between $2123.55 and $2348.03, for this year 2021.
Bullish scenario:
-RUT price breaks up above resistances to new all-time-highs.
-Resistance levels: $2348.03, $2392.66.
Bearish scenario:
-RUT price pulls back down to test supports below (horizontal and trendline supports).
-Support levels: $2240, $2123.55, $2060.54.
Note: On the Weekly chart, RUT price has always been consolidating sideways for 2021.
IXIC (Nasdaq ETF) - Resistance, Support, Trend - 09/05/21IXIC (Nasdaq ETF) has been uptrending since June 2021, on a daily chart.
Price has recently broken up above Trendline Support #1.
Bullish scenario:
-IXIC price continues to push up to new all-time-highs.
-Resistance levels: $15514.67, $15846.78, $16000.
Bearish scenario:
-IXIC price pulls back down to re-test both Trendline Support #1 and #2 over time.
-Support levels: $15193.63, $14994.37, $14656.72, $14457.45.
Note: On a weekly chart, price needs to close and hold above $14701 to maintain the uptrend.
DIA (Dow Jones Index ETF) - Support, Resistance, Trend -09/05/21DIA (Dow Jones Index ETF) has been uptrending in 2021, on daily and weekly charts.
However, price is currently consolidating between $352.18 and $355.83.
Bullish scenario:
-DIA price breaks up above resistance to establish a higher-high.
-Resistance levels: $355.83, $358.07, $361.59.
Bearish scenario:
-DIA price pulls back down to test support levels below.
-Support levels: $352.14, $348.46, $346.17.
Note: To maintain a weekly uptrend, DIA price needs to close and hold above $346.17.
JETS ETF - coming off the base Nice clean break of the base - travel sector looks to be gaining some momentum back. Loaded up some calls with a few short term targets between the mid 20s. Weekly looks good too.
The U.S. Global Jets ETF (JETS) provides investors access to the global airline industry, including airline operators and manufacturers from all over the world.
$STXRES ETF. Resources back into channel - WeeklyAfter a flat top formation, a drop followed and we are now back into the longer term upward channel. The bottom of this channel could be a point of interest, but until then it's maybe best to sit on the sidelines, or risk being run over by this train.
✅S&P500 RISING CHANNEL|LONG🚀
✅S&P500 is trading in a rising channel
And now we are seeing a nice little correction
I think that after the index retests the rising support
We will see the "buy the dip" mechanism kick in
And the price will make a move up
Continuing the bullish trend until the end of the year
LONG🚀
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VUKE Daily - Tomorrow LDT for juicy 46p diviTomorrow is the LDT for a 46p divi = 1.46% simple divi yield off current price. Also appears as though the ETF has formed a triple top - but as the saying goes "no such thing as a triple top". I am hoping we power through to resistance around 33. I had been averaging into my ISAs and SIPPs the for past few days in anticipation of the dividend and next leg higher.
JICPT| ARK Daily range bullish trade setup(ETF)Hello everyone. ARK innovation ETFs are those who are passionate about the future, believing that innovation is key to growth(I copy this from ARK website).
Personally, I use ETF a lot to construct my portfolio to diversify investment risks. More importantly, the fee is cheaper compared to thematic funds.
On the daily chart, I identified a range structure where price tends to move with top zone of 126.55-127.55 and bottom zone of 111-113 respectively. In the middle of the range, there is also a level that price may seek support($120).
So, if you're ARK fan, you can load some around $120 and lower zone of $113 to $113.
I'm a firm believer of innovation. What do you think?
Give me a like if you're with me about the entry level.