Get started

Etfs

IYR Elliott Wave Analysis: Pullback can Provide Buying ChanceHello Traders, In this Elliott Wave Analysis, we will have a look at the Real Estate ETF (IYR). IYR ended the cycle from 03/23/18 (72.71) low at the peak of 07/06/18 (82.20) in blue wave (3). Below from there, the ETF ended the correction from 07/06/18 (82.20) peak in blue wave (4) at 79.23 low. Up from there, it broke already to new highs, confirming that the next extension higher has started. Near-term IYR ended the correction from 07/06/18 (82.20) peak in blue wave (4) at 79.23 low. The internals of blue wave (4) unfolded as Elliott Wave double correction which ended red wave W at 07/18/18 low (79.76), red wave X pullback at 07/19/18 peak (81.26) and red wave Y of blue wave (4) at 07/25/18 (79.23). Up from there, the ETF ended the cycle from 07/25/18 low in red wave A at 08/06/18 (82.50) peak. The internals of that move unfolded as a leading diagonal where it ended black wave ((i)) at 07/26/18 low (81.01), black wave ((ii)) pullback at 07/30/18 low (79.24), black wave ((iii)) at 07/31/18 peak (81.51), black wave ((iv)) at 08/01/18 low (80.15) and finally black wave ((v)) of red wave A at 08/06/18 peak (82.50). The ETF is currently in the progress of correcting the cycle from 07/25/18 low (79.23) in 3-7 or 11 swings in red wave B. Near-term focus remains towards 81.03-80.81, which is 100%-123.6% Fibonacci extension area of black wave ((w))-((x)) to end red wave B pullback. Afterwards, the ETF is expected to find buyers for red wave B higher ideally or should do a 3 waves reaction higher at least. We don’t like selling it into a proposed pullback as the right side remains to the upside.
AMEX:IYRLong
by Elliottwave-Forecast
The Effect of Futures Expiration and ETF Decisions on BTCAll traders and investors should be aware of two sets of key dates in BTC: 1) The date that Bitcoin Futures contracts expire (shown on the chart in black in the past, and orange in the future) Futures contracts let traders bet on whether the price will rise or fall, without actually having to hold bitcoins. Whilst in principal the start of these should push the value of BTC up, the dates that these contracts expire has never coincided with a bullish few days in Bitcoin (although the effect, if indeed there is correlation, thankfully seems to be short term). In fact the very first futures expiration was December 17th 2017... coinciding with Bitcoin dropping like a rock from it's all time high of the previous day! This may have been coincidental, or the futures expiration just might have been the trigger for the beginning of the correction, which is always inevitable and necessary after a huge pump. Regardless, the next Bitcoin Futures contract (by CME) expires tomorrow 27th July and hence is unlikely to coincide with a bullish period. The epic bull run to a new all time high is more likely to come with my next point... 2) The date that a decision is given on a Bitcoin ETF (shown on the chart in green) If you haven't heard of the various Bitcoin ETF (Exchange Traded Fund) applications which have been filed you really should do some research - they will open the floodgates to literally billions of dollars from retail traders and individual accredited investors in the US public market and is widely anticipated to mark the start of the next moon shot in BTC. The US SEC (Securities and Exchange Commission) are due to give their next ETF decision on August 16th, although this is widely expected to be delayed to September. However market sentiment remains positive on the impending decision and likely the reasoning behind the recent pump in BTCUSD as this anticipated approval is being priced in. I say "anticipated", but well-connected individuals may already have been advised of which way the decision is going to go. On the other hand, this could be a bull trap, it's very hard to say. "With the release of an ETF, this allows investors to add BTC to their retirement portfolio. Global Pensions Market: $41.3 trillion. If BTC captures just 1% of global pensions, that would create $413,000,000,000 of exposure for cryptocurrencies." These Bitcoin Futures expiration and ETF decision dates may or may not be included in your trading and investment strategies, but they are at the very least worth being aware of. Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.
BITSTAMP:BTCUSD
by BCryptological
6
Vaneck Index Fund bearish outlook towards the end of 2018The Indonesian stock exchange is down and so is Vaneck's Vector Indonesia fund (not just stocks). There are signs of a post-corrective rally in the Jakarta Composite Index 45. On the face of things however, it seems hard to make the same determination about Vaneck's Indonesia Index as it appears to have just completed wave A down and some of the way through the wave B rally (so it seems to be around half-way through its corrective phase). In the short-term it seem likely that the current rally will go up ~5% to around $22 and the re-commence the final corrective phase down. There doesn't seem to be any clear tendencies in wave C extensions: some as low as 0.618 extension of wave A and some as much as 1.618. Mainly based on the signs of recovery within the Jakarta Stock Exchange (which will help the Bank stocks that seem to make up a significant portion of the ETF) I wouldn't expect much more than a 0.618 wave A extension for wave C - which would mean an 18% decline at a minimum before the end of the year. I am not a professional, this is just for my own education. All care and no responsibility - just like the people that manage your investment portfolio :) If I can spend 5 minutes on the chart and correctly (we will see ay - I could be wrong) pick it going down 18% or more then what are the professionals doing to protect your investment? I wouldn't mind a like or two - some posts have ~100 views per like. Let's see how it develops. This is 100% technical analysis and comprises 0% fundamental analysis. There are vast benefits to conducting your own research (if you have time). I chose this ETF randomly and have no investment in it or any other link to it either now or in the past.
AMEX:IDXShort
by flyinkiwi10
BTC Possible Approval of ETF, SKY is the Limit. T.OFFThe same behavior of gold, where prices boomed after the introduction of the ETF investment opportunity. For institutional money, buying into an ETF would mean not having to deal with technicalities and exchanges. Gold ETFs hold the physical metal, and hence have increased demand for spot gold and boosted prices... If the approval for a Bitcoin exchange-traded fund succeed, the cryptocurrency market could potentially experience a never-before-seen influx of capital as institutional capital, speed traders, and accredited investors move into the crypto space for the first time. Even if the approval does not happen, speculation and therefore volume should keep growing until the decision. The Bitcoin ETF proposal, submitted as “Notice of Filing of Proposed Rule Change to List and Trade Shares of SolidX Bitcoin Shares Issued by the VanEck SolidX Bitcoin Trust” on June 26, is currently under consideration by the US Securities and Exchange Commission. A decision from the SEC regarding the filing is likely to occur near August 10 - 16 — the submission of a filing to the SEC is followed by the publishing of a notice in the Federal Register, which occurred on July 2. The SEC typically has 45 days to make a ruling on a proposed rule change, which would leave the final date for a decision on Bitcoin ETFs as halfway through August. What do you think about it? Will it be approved? Any Ideas? Stay Tuned. Good Luck and Good Profit M.W.
COINBASE:BTCUSDLong
by EDWARDCASHTRADER
79
Elliott Wave Analysis: VOX in a Turning AreaHello Traders, Today we will have a look at the VOX ETF in the 1-hour chart. Near-term the ETF ended the cycle from 06/28/18 low (84.09) in blue wave (1) at the peak of 07/12/18 (88.26). The internals of blue wave (1) unfolded in a 5 waves Elliott Wave impulse with an extended red wave 3, where it ended red wave 1 at the peak of 06/28/18 (85.43) and red wave 2 pullback at the low of 07/02/18 (84.16). Up from that low, red wave 3 ended at 07/10/18 peak (88.04) followed by a pullback in red wave 4 at the low of 07/11/18 (87.11). Up from there, it ended red wave 5 of blue wave (1) at the peak of 07/12/18 (88.26). Below from that peak, VOX is correcting the cycle from 06/28/18 low, where red wave W ended at 07/17/18 low (86.75) and the correction in red wave X ended at 07/17/18 peak (87.79). Below from there, the ETF has reached the equal legs extreme from 07/12/18 peak at 86.31-85.96 areas where we are now expecting a reaction higher. As long as the pivot at 84.09 low in our proprietary distribution system stays intact it should resume the rally. We don’t like selling it as the right side remains to the upside in the sequences of 3-7-11 swings.
AMEX:VOXLong
by Elliottwave-Forecast