Using 45 degree angles for 2Y yield (or inflation barometer) and stock market (faang). Pretty useful. Bolts show where break downs of inflation are and where inflation is rising. 45 degrees show the strongest trend. You dont even need to use RSI. all must equal
DPO 62 being used with chart TA above the 0 and below the 0 line. No Options on MaxPain maximum-pain.com Must trade this as cash.
FNGD to go back down to $8.50 before target of $10.51 Nxt I'm expecting a little retracement back to $8.51 with buy limits set from 8.88 down to 8.51 Take Profits at $10.17 and $10.51 Expect to retrace again and coil up. People will be talking about bears taking over, but the Santa rally will cheer bulls up and give them hope... meanwhile we are playing both...
SPLK had a very impressive beat on earnings and traders responded with buying pressure to push price up more than 15%. The question now is whether SPLK can sustain the new interest or will it fade or drop. My analysis is that best on the short term volume profile compared with the longer term is that there was a lot of trading at the top as new but late...
FNGU on the 4H chart is in a trend down within a parallel channel. The previous trend down from the top of the channel to the bottom was 29% while the counter counter-trend up from the bottom of channel to the top was 18% over 7 days. Presenly the trend down from the upper channel is confirmed by the two RS lines near to the 50 level and the Awesome...
MRVL a technology stock beholden to the ebbs and tides of both the general markets and the leaders of the tech sector fell on a mild earnings beat this is to say traders were disappointed and responded with a 16% sell off from the pre-earnings run up. I see MRVL potentially suitable for a retracement of half of the 16%. On the 30- minute chart using both...
ARKK double topped about July 19 and July 31st then downtrend until Fri Aug 18th, On this past trading day, the technology market moved higher lead by TSLA and NVDA. ARK reversed and started the retracement of the trend down. I see ARK targeting 45 in the mid Fibonacci levels and potentially beyond that to 47.8 being the base level of the double top. The...
Without regard to market noise, newsand other rumblings on the 1H chart with two sets of anchored VWAP bands overlaid QQQ hit the upper bands about about July 19th. On the retracement of about 35%, price is now in the range of the mean VWAP line of the short-duration anchored VWAP and the first upper line of the longer duration anchored VWAP. IT is also...
AAPL has been rock solid this year as illustrated by the daily chart. It is no surprise that AAPL is Warren Buffets's biggest holding. The earnings were a top line beat with revenue flat. New iPhone sales are off. The TSLA idea of dropping price to boost demand and trying to maintain margins will come into effect. The dip this week is remarkable given the...
FNGU is triple leveraged ETF of the titans of the NASDAQ; I expect it to come back front of volatility in the market quickly as its constituents are the leaders here. I hope to exploit this for 10% before COB for the trading week in the next two days.. A volume profile and mean anchored VWAP using metrics employed by institutions and those executing with...
On the 15 minute chart TQQQ took a dive down through some relative volume voids shown on the volume profile into a double bottom also showing a transition from high relative selling volume into some decent buying volume . I can conclude that TQQQ is in early reversal and will head the other direction through the same volume void which could allow for a rapid...
BULZ is a 3X leveraged version of the Cathie Wood ETFs. As shows on the 2H chart BULZ broke out of the fair value channel of the anchored VWAP bands in bullish momentum Not a coincidence. In three months it has gained over 110% or 35% per month compounded. The MACD indicator shows the lines peaking over the histogram a cross of them is pending. The mass...
As shown on the 4H chart BNKD, a triple leveraged ETF inverse to big bank stocks has had ups and downs reflecting the chaos in the banking system with some failures and federal support or takeovers. Online banks are thriving while some smaller regional banks are challenged with a portfolio of bonds and treasuries bearing low yields. Price is presently at the...
Great run up so far, looks like there should be a healthy pullback this week. Look out for the $94-95 Level for support. Stop Loss around $93, if FNGU gets below that it could retrace all the way to $80 which is another good buy zone. I'm long on this stock and not looking to invest in its inverse (FNGD) unless FNGU drops below $93 Not financial advice
Love the look, at the golden fib, volume capitulation wick, weekly RSI at 2018 levels and I think tech bottomed, send it!
FNGU is at a great value for potential swings? We will see? Use of Pullback Alerts is recommended. Edutainment Purposes Only!
MicroSectors FANG 3X ETF - For the buy and hold investor - So you don't think it is possible for an ETF to move 10 - 25% quickly with the market? Then try researching 3X ETFs. Add MicroSectors FANG index 3X ETF - FNGU - and the inverse FNGD to your watch list. Edutainment Purposes Only!
The FNGU reached 42.36% of the Fibonacci extension level from a small wave. Support for the decline appears to be $26-28.