Etfs
context for the crossroads (uvxy)i just wanted to show people why this could still go very badly for broader market longs.
im not doomsaying, or fear mongering here. im simply outlining why i still have a long forecast for vix, even though we are almost breaking to new lows in uvxy.
the highlighted areas are times in the very recent past where spx has increased in volatility even while indices were on the verge of fully recovering.
again, im not saying long this thing right now. im pointing out how this could still be a bullish position for vix longs even while the market appears to be about to recover fully.
dont jump into uvxy trying to call the bottom, but do stay cautious!
this can still go both ways and tuesday is going to be critical.
nq1! over night will shape the week (tqqq)nasdaq futures are looking pretty troubled right now, and if we see a large enough gap down and break last weeks low this could spell out further weakness in the index which could last into march
volume has refused to drop off, and if we see another spike it will probably be selling
taking out fridays high probably opens the gate to $76, and additional volatility likely will take us on another trip back to $66
somewhere ina that range is the perfect hourly oversold condition to dip buy, and touch of aavwap/vwma without follow through is usually pretty good resistance to topfish
spx run up at gap close may fail (spxl)if we dont break 133.33 confidently, and confirm 15 min reversal pattern with a lower low 131.85 this may signal overheated conditions in spx
should we keep the uptrend holding 130.69 and continuing higher i imagine we have a go at 135, although id still be wary of buying borader markets right now except for a quick flip
if we dont hold 130 and cant get back over 130.66 we will probably see 127.66 again soon
volatility comes in waves
the odds we close up at the highs are low but if we do theres a good long in it
A Few Reasons Why India Has My Attention Right NowIndia has recently caught my attention as a very interesting region of the world that is growing fast and building fast. Let me be clear, though, that I am not an expert about India. What I am about to write are all the things I've learned doing some research and talking with friends and users online who have been there or live there.
The chart I've attached here shows the INDA ETF, which is one of the few India ETFs in equity markets. I also find that interesting - it's not really easy to find an ETF or fund that gets you exposure to India firms. So keep that in mind while reading or looking at my chart.
What public India stocks do you know?
Are there any public India stocks or ETFs that you think I'm missing?
I am not going to be buying anything right away, but I do want to hear any thoughts from those who are reading.
Here are some recent thoughts I've had:
1. A few years ago, Jeff Bezos said the following about India: "“I predict that the 21st century is going to be the Indian century. The dynamism, the energy… everywhere I go here, I meet people who are working in self-improvement and growth."
Amazon is currently in the process of investing $1+ billion into India to bring new marketplaces and manufacturers online.
2. Venture capital in India hit a record at $63 billion. And it seems to be growing.
3. India has a record number of startups valued at $1+ billion. India was never known as a startup hub until recently. I think what's changed here is the number of US investors who are starting to take risks in the region. Perhaps this is a "rotation" from other countries that dominated recent venture capital cycles, especially in Asia, to places like India that have no received the same level of attention.
4. Here's an example, India has a GDP per capita of 1,900. China has a GDP per capita of 10,500 and Brazil has a GDP per capita of 6,700. All these regions of the world are growing and to be an optimist, you want to see the world continue to succeed, build, and improve. Could India start to grow as fast as these other countries? Time will tell, but it does seem like a question worth asking.
Thanks for reading!
Please reply if you have any thoughts or ideas on how to play it.
as long as we respect the highs another top is in (uvxy)short term vix futures have put in a multiday high and many broader market sectors are breeching their intraday lows at the same time
this could have a longer term effect, but i think the short term movement in vix will trend back toward 11.89 uvxy
if we build a base of support above 12 and move higher we could be in for more like 12.30, but keep it on the pivot and it should be fine
setting up the day in (tqqq)i think were in for continued volatility in nasdaq futures midweek this first week of 2022
before the week is out i expect there to be several runs down towards the lows even if we open higher or especially so
its for this reason that i am focusing on the long side as contrarian dip buys come in banking on the likelyhood that the end of the santaclaus rally results in a bounce
as long as we respect the 162 area the long side of things makes sense should we break down below 161.33, set a lower high and trend lower i would be interested in shorting tqqq down to the .5 of extension which is 159.87
for right now my forecasts range between 161.36 and 165.93
tightening range breaking bull so far (tqqq)nasdaq and tech bulls are breaking out of this mornings tightening 15 minute range
with a clear break to the upside and hourly close above rising support and sinking resistance could result in prices above 170
macd/rsi heqding toward overbought signals are above indicator
Soybeans' uptrend back on track After a 6-month correction, the uptrend resumes with strength and it will retest the 28.8 level again. We are long and we expect a break out on this level as inflation is driving commodity prices higher. Moreover, soybean harvests are expected to be smaller in southern Brazil this season as fields suffer from dryness, which could drive the prices up as well.
two different directions for five g stocks (fivg)either were in for immediate continuation of the breakout pattern to above the 42 area or, if the nasdaq isnt doing as well, a pullback to revisit the 40.5 area