YINN & YANG Market Cycles and Ratios YINN LONG nowThis weekly chart of the YANG /YINN ratio explains the rationale of the demonstration of the market cycle over the period of a few years as it relates to taking a swing trade in one or the
other and finding the likely pivot points based on resistance and support as static levels or
importance. Dynamic levels using an anchored VWAP and also a Bollinger Band are used to
support analysis and finding pivot points of importance. This is meant to be a methodology of
decreasing risk while optimizing reward. The same methodology could be deployed onto
a shorter time frame of 120 minute time frame to zigzag more often with greater precision
and potentially achieving greater profits over a given time interval. An optimal reversal on the high side is a confluence of the horizontal resistance /supply area with the upper Bollinger Band and the uppermost of the anchor VWAP bands.
YANG
YANG ( a 3X leveraged inverse China megacap ETF ) LONGYANG on a 240 minute chart had a reverse head and shoulders pattern last summer. Price rose
over the neckline in November and hit an increased trend angle at that time. With a set of
VWAP bands anchored to the neckline cross, TANG had pulled back twice to the mean VWAP
where it found support, the latter of which was this past week. While price is currently at
15.5, I could reasonably forecast another rise to the second upper VWAP bandline at 18.00 or
about 16% upside. Price rose more than 4% today and 20% YTD for January.
Fundamentally, China is in a recession. Additionally, the terror and tension in the Red Sea
has increased shipping costs and diminished shipping volumes through the Suez Canal a
a major gateway to the Eurozone markets or even Western Russia. The CCP has pleaded directly
to Iran about this as the whole situation is worsening the China economy ( among others)
The idea of China launching a gold standard currency seems to be out of the news at least for
now. What is still on the table is Chinese interests in Taiwanese reunification. Any military
action would basically flush Chinese stocks into nothingness because a trade war would ensue
if not WW III. This lingering in at background is a drag on the China stocks.
I see YANG as a safe bet now with an entry just above VWAP with a stop loss above it
and 18.00 for the target.
YANG China Leveraged Bearish LONGYANG benefits when the China factories slow down and the economy stagnates
which is the present situation. The weekly chart shows YANG at its highest before
and after covid in 2019-2020. The volume profile shows over the 3+ years most shares
have traded at the present price levels. Price is rising above the POC line of the
volume profile and approaching the long term mean VWAP. The RS indicator shows
sideways strength movement in the mid-ranges. The MACD is curling upward over
a low amplitude histogram. The Asexome Oscillator is sideways. Overall, I will place a
long trade here and then supplement it with an add when the trend direction is stronger
and the Average Directional Index gains amplitude.
JD is it a safe short or an early reversal?JD on the 1H chart has been in a solid downtrend worthy of shorting.
However, the zero-lag MACD shows a line cross under the histogram and
a red to green there. The signal has curled. This looks like subtle
divergence. Price is in the area of the mean anchored black VWAP lines.
The mass index indicator is double tapping the reversal zone.
So, what you think? Is there more downside or instead is JD going to
bounce and move up? Please offer your comment !
YINN - a leveraged bullish ETF for Chinese stocks.YINN is a 3X leveraged bullish ETF of Chinese stocks. As can be seen on this one hour chart,
YINN has jumped nearly 30% since the beginning of the moth. On the chart is a moving average
ratio indicator ( with settings SMA7 / SMA28 ratio ). When the ratio crosses the zero line, the
shorter average is rising faster than the longer average demonstrating bullish momentum. Here
I used it as an entry signal. ( the exit signal would be the ratio dropping below the zero
horizontal line which has not yet occurred) For confirmation and further entry justification,
the volatility indicator shows spikes above the running average volatility in order to be
that there is enough volume and price action to get into a good trade in the direction of
the trade. Fundamentally, the Chinese economy is open and growing. the CCP has resisted the
urge to raise prime rates as compared with Western central banks. ( BABA and NIO have
good current price action.) Given the guidance of the chart, YINN seems to be a
good long trade I will continue to add to the trade when the chart tells me the time is right.
Is YINN ( Chinese 3X )ready to re-enter or add to the position?YINN is shown here on a 15-minute chart. It had several good NY sessions in a row adding about
4% daily. In the last session however, it had a 3% pullback to its present price. Fundamentally,
the Chinese central bank in just the past few days, lowered the prime rate something the US
fed has been unwilling to consider. There can be little doubt that this will be helpful to
Chinese stocks overall. On the chart, I find several confluences that give YINN support and
so make it likely that YINN will have a bullish continuation:
(1) it is currently at the same value of the POC line.
(2) it is currently near to the convergence of the SMAs 50 20 and 10 from the
Alligator indicator
(3) it is sitting just above the line representing one standard deviation above
the anchored mean VWAP
Given these confluences, the support is strong favoring my analysis that YINN is ready
for me to add to my position which was very profitable when I took a partial closure
of my shares at the beginning of the last trading day. I am confident that the buy
high and sell higher in an uptrend is the best approach to gain with low risk.
BABA @ Long Term SupportOn the 4H Chart, BABA is sitting in the the demand zone at a double bottom retest. Earnings
two weeks ago beat expectations. Fundamentally, China is holding interest rates down and
may even decrease their prime rate. Domestically, chaos continues with more rate increases
possible and the debt ceiling issue impending resolution versus diseaster. I see trading and
investing in foreign based intruments such as BABA , NIO along with ETFs diversified into
China, Europe, Korea Japan and maybe others to be a useful means to diversify risk. I will take
a long trade in BABA because I believe it will rise from its usual bottom.
YINN China Leveraged 3x Bull Setting Up Reversal ShortYINN the China Bull EFT has uptrended dramatically of late however
it is far extended above its moving averages while the RSI indicator shows
decreasing strength as a divergence. Price rise is hitting the resistance of
the POC line of the intermediate-term volume profile where sellers will
step in and invoke selling pressure in a triple top making the resistance strong.
I expect it to drop now and perhaps dramatically,. Inversely the YANG
ETF, a bearish leveraged fund will rise. By a Fibonacci analysis, a 15%
drop is expected before another inflection. Accordingly, I would set
up a stop loss of 3-5% on the short swing trade setup .
CHINA MOMENT OF DECISIONMajor 30 year bull trend line seems to be respected.
Though... many lines crosses here as well. It is a very narrow band with to, each now either up BIG, or down BIG.
All other chines indices indicate somehow the same for BIG up or BIG down.
Im at the short side... Will see what happens here.
YANG China 3X leverage Bear ETF UptrendAfter uptrending from a double bottom ealier this month,
by the volume profile YANG looks to recover to 26.85 which is also a good 50% retracement of
the down trend. Moreover, the uptrend could extend to a second target about 32.
This could be a good swing long setup with a great reward for a small risk if setting
the stop loss just below the POC black line at 17.25.
YANG - China Bear Fund 3x leverageThere are numerous headwinds to the Chinese economy and normally I would say the CCP would be able to manipulate the mechanisms needed to keep stability, but not this time. This time it is different due to conflicting policies and factors outside of their control.
You have their 0 Cov policy which is causing widespread business disruption as the Chinese vaccine dose not seem effective against omicron and B.A2 variant.
You have them needing to strengthen the yuan due to the dollar ripping higher by selling USD but, they need the dollars to service debts and there is a dollar liquidity crisis which means they need to hold on to every dollar they can.
You have the ag sector not fully recovered from decimating their swine herd due to Swine Fever and crops disrupted due to last year's flooding plus a global fertilizer shortage.
Finally you have it as a bet that an autocratic regime, governed by a single man who has a record of shooting the messenger, to not respond to economic crisis nimbly, imaginatively and effectively.
Entry over the week of 4/25, averaged in at 20.40. Good luck and god speed.
YINN China 3X Leverage ETF Reverses off the bottom Swing Long
AMEX:YINN YINN is now in an uptrend with an increasing cloud score
and upgoing BB boundaries. Stop Loss at the double bottom
while the first target is the recent consolidation period
with about 15% upside to that take profit and about a
2.5 Reward to Risk
All this makes YINN a candidate for a swing long trade
LABU LEVERAGED BIOTECH ETFThis Daily Chart plots LABU to LABD ratios over time. LABU is 3X Leveraged ETF of a variety of biotechnology
stocks while LABD is the inverse.
By plotting the ratio of LABU to LABD, what can be found is the precise end of the LABU downtrend (LABD uptrend)
and reversal into LABU uptrend ( LABD downtrend).
In this case, the reversal occurred about June 17th while the SPY reached its current market bottom.
This type of analysis can be used to make trade decisions regarding a contrasting pair of stocks or forex pairs.
It makes the decisions more informed. IF going down to a 1H or 4H timeframe, the accuracies will be higher
and the pivots more frequent also making potential profits higher.
This can be used with other ETF inverses such as
GUST /DRIP
BOIL /KOLD
JDST / JNUG
YINN / YANG
SOXL/ SOXS
FAZ / FAS
TMF /TMV
By setting up all of these also with alerts such as ratio decreasing or ration increasing
a trader with very little time to trade and diversify and automate his/her trading
resulting in risk stratification and mitigation and economy of time.
Update on Yang callsDoubled the initial, so I rechecked for another go at it. It is for Vegas gambling money afterall. $20 should be fine. The MACD has me a little spooked, but that's probably why the cheap price. I figure the high end is like $60 from last year, so it was a lot closer to the floor then the roof. Also it appears Evergrande things are finally happening.
Sold:
2 $16 21Jan22 calls @ $6.30 & $6.70 ($700 profit)
Bought:
3 $20 21Jan22 calls @ $3.50
Emer [http://prntscr.com/sp1xvw]Please provide a meaningful and detailed description of your analysis and prediction. Walk us through your thought process. Put yourself in the reader's shoes and see if you would understand the context based on what you wrote. Clearly stated profit targets and stop loss areas help clarify any trade idea.
Swing trade YANGAfter Trumps tweet of raising tariffs, China's market is temporarily crashing.
YANG is a China Direxion Bear X3 ETF. The index is having great gains.
I expect it to reverse on Friday 10th / Monday 13th. Analysts still expect the trade to happen between China and USA.
At this point consider buying YINN (China Bull X3 ETF).
Other X3 ETF's to consider:
SOXS (Semiconductors Direxion Bear) is on the same path.
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Information
An exchange-traded fund, or ETF, is an investment product representing a basket of securities that track an index such as the Standard & Poor's 500 Index. ETFs, which are available to individual investors only through brokers and advisers, trade like stocks on an exchange.
Direxion Shares and Ultra ProShares are leveraged Exchange-Traded Funds (ETFs) designed to seek daily investment results, before fees and expenses, of 300% / 3x of the performance (or 300% / 3x of the inverse of the performance, in the case of a bear fund), of the benchmark index that they track. There is no guarantee that the funds will achieve their objective.
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Caution
There can be A LOT of volatility trading these Indexes. ALWAYS use stop-loss orders, as well as price target sell-offs.
Happy trading!
PS:
For a list of all 3X ETF's. Go to: 3XETF dot-com