TSLL.....TSLA jump back! great set-upI've been watching this set-up for a while and it looks like it's ready to pop! we're looking at 5-10% easily. Watch with SMA10 on 30min chart.
Best of luck and always do your own due diligence!
ETF market
QQQ SHORTTechnicals:
1. price is drawing close to a liquidity zone (PWL)
2. IRL>ERL
3. Gap fill. Price retracement as at now is at 38.2%. price needs at least 50% equilibrium to reverse. more upside momentum expected.
4. Downtrend
Fundamentals
Friday - NFP. This could drive prices more to the downside to take out nearest draw on liquidity. (PWL)
WEAT impending breakout on volumeThe WEAT ETF has been building a base with an accompanying increase in volume over the past two weeks. First resistance would most likely be the 200 DMA.
SPY Short Entry.Entering a short position around 600. The target will be 587 by the end of the day. The setup will be for maximum loss.
Uptrend for the next 10 days The market will go up for the next 10 days.
I am using the Heikin Ashi candlesticks as they:
1) show more of a directional movement within candlesticks,
2) they tend to filter out the market noise so you can see the market direction better,
3) it reduces false signals, allowing you to stay in the trade longer, and
4) gives you a smoother appearance making it easier to see trends and reversals.
Typically, I would wait until there are 2 green Heikin Ashi green candlesticks before entering.
I still tend to switch back and forth between Heikin Ashi candlesticks and regular candlesticks since regular candlesticks are what I am familiar with and have been using since I started trading.
I use the MacD, the Stock RSI and the DMI to assist me with the direction of the market.
I am anticipating a bull trend for the next while as the 30 min, 1 hour, 2 hour, 3 hour and 4 hour indicators are already looking bullish. The rest of the time frame indicators should change shortly.
I have a few targets. In the past I have said the market is usually moving about 34 points, but I think it will make a less of a move this time due to the Stock RSI only being slightly lower as it is not starting close to 0.
If you look at some of the past moves, the market moved around 20 points such as from July 1 to July 16, Oct 7 to Oct 17 and Nov. 20 to Dec 6th. As well, if you look at the Stock RSI on the daily charts, it has only declined a little. So even with it turning soon, it only has a little way to go upward.
Typically, I would wait until there are 2 green Heikin Ashi green candlesticks before entering.
I still tend to switch back and forth between Heinkin Ashi candlesticks and regular candlesticks since regular candlesticks is what I was using since I started trading and there are still some benefits I get from regular candlesticks.
The targets I have in place are:
22 point move = 616
1.618 Fibonacci move = 619.35
10 day move = Feb 12
If it hits one of these targets, I am out of my trade.
My stops are:
1) the low of the previous candlestick,
2) 2 red Heikin Ashi candlesticks,
3) a specific dollar amount of a total loss for my trade or
4) a specific dollar amount of the contract.
Happy trading everyone!
FINANCIAL CRASH INCOMING, UVXY +400%As text says. Energy building up in this cluster with a potential 400+%.
Fast flash crash incoming for financial markets. Trump will get rid of all the tariffs after this, or blame someone else.
SVIX....this is too easy (VIX inverse)VIX took a big hike, but as we all know it is dropping a bit now so it's good time to get on the SVIX train. It could reverse, but this is a very easy ride. Just use 30 min chart / 10 SMA.
Best of luck! and always do your own DD!
Traded UVIX This Morning, Just After Open. Position Closed NowIs CBOE:UVIX right for you? Would you also like to earn when the market is down? If so check it out, I traded $UIVX right after the open and have already closed the position. I usually don't day trade, but on a down day like today I couldn't resist trying the downside with Ultra Short Futures Options. These instruments aren't for everyone, & most people who own them lose money over time, so please be careful and only risk as much as you can afford to lose.
ZFLRates are going lower to 2%.
Canada enconomy is not in good shape.
No jobs. Decreasing population.
A quick look into Leveraged ETF's and interest ratesA quick look into Leveraged ETF's and interest rates
The Market Tariffs, AI reversal, MACRO market potentials?The Market Tariffs, AI reversal, MACRO market potentials?
1. The Market Tariffs – If tariffs increase, global trade tensions could slow growth, impacting exports and raising costs for consumers.
2. AI Reversal – A regulatory crackdown or AI stagnation could cause tech stocks to pull back, shifting investment toward traditional industries.
3. MACRO Market Potentials (Bullish) – If inflation cools and interest rates drop, equities could rally, driving capital into growth sectors.
4. MACRO Market Potentials (Bearish) – A recession or debt crisis could trigger a broad market downturn, pushing investors toward bonds and commodities.
SPY/QQQ Plan Your Trade For 2-3-25 : Breakaway PatternOn a day like today, where the markets broke down with a huge GAP downward, what can I say except...
Just like I predicted.
For months I've been warning of the Jan 21-23 Inauguration peak/top that will lead to a Deep-V breakdown on Feb 9-12. And, like clockwork, the markets peaked just after January 23 and rolled downward into the breakdown phase - headed towards my Deep-V base/bottom setup near Feb 9-12.
At this point, I'm just going to sit back and collect my profits. You should be doing the same thing today - BOOK those profits.
Gold and Silver are moving into an upward CRUSH pattern. It could be very explosive.
Bitcoin has broken downward again - just like I predicted.
Over the next 30+ days, the markets will enter a very volatile and rotating price phase. Be prepared for wild price rotations.
This is a true trader's market. Go get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
QQQ rangeQQQ has printed a very obvious trading range pattern. This is a very simple trading idea. But sometimes the more straight forward trade is the best. On 12/24/24, 1/13/25 and 1/27/25 QQQ hit range lows around 500 - 505. On 12/16/24, 1/22/25 and 1/31/25 QQQ hit range highs around 530 - 535. So until there's a breakout or breakdown of this range pattern, I will stick to this trading range pattern.
QQQ long trade idea:
long 505
stop 500
profit 530
QQQ short trade idea:
short 530
stop 535
profit 505
QQQ options data:
2/21 expiry
Put Volume Total 151,543
Call Volume Total 54,732
Put/Call Volume Ratio 2.77
Put Open Interest Total 537,804
Call Open Interest Total 407,596
Put/Call Open Interest Ratio 1.32
We like the $TPE ETF I’m changing the process for picking tickers to make it more affordable while avoiding risky penny lots. Comment your favourite TSX tickers under $150 & NYSE or NAS under $100.
Key Stats:
• AUM: ~$1.84B
• Dividend yield: 2.24%
Technical Reasons for Upside:
1. Resistance Breakout: TPE recently smashed through a key resistance zone around, signaling that bullish momentum is in play.
2. Moving Average Crossover: The 50-day moving average is comfortably rising above the 200-day average, a classic indicator that the trend is shifting upward.
3. Volume Surge: There’s been a noticeable uptick in volume, suggesting that institutional players and smart money are piling in.
Fundamental Reasons for Upside:
1. Solid Revenue Growth: With revenue growing at roughly 15% YoY, TPE’s top line is showing steady improvement, supporting a higher valuation.
2. Improving Operational Efficiency: Enhanced margins and tighter cost controls indicate that the company is executing well amidst market challenges.
3. Analyst Optimism: Recent upgrades and positive forward guidance from key analysts add confidence to the bullish thesis.
Potential Paths to Profit:
1. Option 1 (Low-Risk): Buy shares of TPE at current levels and hold until the price reaches the target.
Please LIKE, FOLLOW, SHARE, and COMMENT if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep this signal relevant, keep the content free, and allow the idea to reach as many people as possible.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
$XEQT buys and chill I’m changing the process for picking tickers to make it more affordable while avoiding risky penny lots. Comment your favourite TSX tickers under $150 & NYSE or NAS under $100.
Key Stats:
• Price: As of February 3, 2025, XEQT is trading at approximately CAD 34.95. 
• Dividend Yield: XEQT has a modest dividend yield, with recent payouts 1.94%. 
Technical Indicators:
• Moving Averages: XEQT is currently trading above its 50-day and 200-day moving averages, indicating a bullish trend. 
• RSI (Relative Strength Index): The RSI is in the neutral zone, suggesting neither overbought nor oversold conditions.
• MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, a bullish sign.
Technical Reasons for Bullish Bias:
1. Above Key Moving Averages: Trading above both the 50-day and 200-day moving averages suggests a strong upward trend.
2. Positive MACD Signal: The MACD line crossing above the signal line indicates bullish momentum.
3. Neutral RSI: An RSI in the neutral zone implies potential for upward movement without immediate overbought concerns.
Fundamental Reasons for Bullish Bias:
1. Diversified Global Exposure: XEQT’s allocation across various global markets positions it well for growth. The ETF targets a global equity portfolio with 25% in Canada, 45% in the U.S., 25% in international developed markets, and 5% in emerging markets. 
2. Low Management Fee: The 0.18% fee is competitive, allowing more of the returns to benefit investors.
3. Consistent Dividend History: Regular dividend payouts, even if modest, provide a steady income stream.
Potential Paths to Profit:
1. Buy Shares: Purchase XEQT shares directly to benefit from potential price appreciation and dividends.
Disclaimer:
We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
Please LIKE, FOLLOW, SHARE and COMMENT if you enjoy this idea! Also share your ideas and charts in the comments section below! This is the best way to keep this signal relevant, keep the content free, and allow the idea to reach as many people as possible.
Buy the dip opportunity?Another manic Monday sell off. Last week was a great buying opportunity. Will todays sell off be the same? I believe so.
TSLZ....easy trade (inverse TSLA)Everything is dropping and one can take advantage of the situation. Let's look at TSLA's TAs, all time high, a lot of hype (great company, but many dependencies), and a very tough economic environment aside from the company missing it's last quarter estimates. All-in-all, it is bound to dip and TSLZ is nicely positioned to take advantage of this.
Always do your own due diligence. Best of luck!
Time to invest in the amazing SPDR ($XLF) I’m changing the process for picking tickers to make it more affordable while avoiding risky penny lots. Comment your favourite TSX tickers under $150 & NYSE or NAS under $100.
Key Stats:
• AUM: ~$38B
• Expense Ratio: 0.13%
• Yield: ~2.0%
• Recent Analyst Sentiment: Multiple upgrades with a Buy rating across major holdings
• Catalyst Note: Q1 earnings from top constituents expected to further validate sector strength
Technical Reasons for Upside:
1. Resistance Breakout: XLF has recently challenged key resistance, setting the stage for a robust upward move.
2. Bullish Momentum Indicators: A clear MACD crossover and a climbing RSI suggest that the technical momentum is shifting in favour of bulls.
3. Volume Surge: Increasing trading volumes signal heightened investor interest and confirm the strength of the emerging trend.
Fundamental Reasons for Upside:
1. Favorable Interest Rate Environment: With rising rates boosting net interest margins, the financial sector is positioned to see improved profitability.
2. Economic Recovery Boost: As the economy gains traction, banks and financial institutions—key XLF components—are expected to report stronger earnings.
3. Analyst Optimism: Recent upgrades across major holdings like JPMorgan and Bank of America reflect a growing confidence in the sector’s outlook.
Potential Paths to Profit:
1. Option 1 (Low-Risk): Buy shares of XLF at current levels and hold until the ETF reaches your target of $57.
2. Option 2 (Moderate-Risk): Purchase LEAP call options with an expiration in 6-12 months at a strike near the target price, and sell for profit as the rally unfolds.
3. Alternative Strategy: Consider a bull call spread by buying a call option at a lower strike (e.g., ~$36) and selling a call option at a higher strike (e.g., ~$58) with the same expiration. This can help manage your premium outlay while capitalizing on the upside.
Please LIKE, FOLLOW, SHARE, and COMMENT if you enjoy this idea! Also share your ideas and charts in the comments section below! This is the best way to keep this signal relevant, keep the content free, and allow the idea to reach as many people as possible.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
Long TLT Next Week: Watch for Key Levels and Volatility
- Key Insights: Investors should consider TLT as a hedge against volatility,
particularly in the tech sector. The ETF's role as a stabilizer in uncertain
markets aligns well with current sentiment, making it a tactical choice for
diversifying portfolio risk.
- Price Targets:
- Next week targets: T1 = 89.00, T2 = 90.00
- Stop levels: S1 = 87.00, S2 = 86.50
- Recent Performance: TLT has shown increased interest from investors seeking
safe-haven assets, reflecting a growing demand for long-term treasury bonds
amid macroeconomic uncertainties. The ETF is currently trading near its
critical support level, demonstrating resilience against fluctuations in
stock prices.
- Expert Analysis: Financial experts advocate for incorporating TLT into hedging
strategies, emphasizing its correlation with bond yields and economic
indicators. Understanding interest rate movements and inflation expectations
will be crucial for navigating the current investment landscape,
particularly with the ongoing volatility in the equity markets.
- News Impact: Recent developments regarding interest rates and inflation
concerns are placing upward pressure on bond yields, impacting TLT's
performance. As major indices inch closer to record highs amidst market
turbulence, TLT's position as a risk-averse asset is gaining prominence and
will be influenced by broader economic policies and market sentiment.
Bearish Sentiment Prevails: Consider Shorting SPY Next Week
- Key Insights: The current bearish trend in SPY suggests a cautious approach
for traders. With the SPY closing below critical support levels and
exhibiting patterns of weakness, market participants may want to consider
short positions, particularly if SPY continues to struggle at resistance
levels. Close monitoring of the support zones will be vital in assessing
subsequent moves.
- Price Targets:
- Next week targets:
T1: 594
T2: 590
- Stop levels:
S1: 598
S2: 601
- Recent Performance: SPY has shown a significant decline, recently closing at
601.82 after a notable drop. This continued downward movement signifies a
lack of buyer interest as bearish patterns persist. Market volatility has
spooked investors as SPY faced increased selling pressure, resulting in
lower closes both daily and weekly.
- Expert Analysis: Market sentiment is predominantly cautious due to the
prevailing bearish patterns. While some positive technical indicators have
emerged, expert opinions converge on the view that unless SPY can reclaim
vital price points above 603, further declines seem likely. Analysts advise
maintaining a disciplined approach to trading given the current landscape of
uncertainty.
- News Impact: Recent unscheduled news from China has exacerbated market
volatility, prompting considerable sell-offs in major indices including SPY.
Rising bond yields further complicate the situation as they add to market
pressures. Earnings reports from major companies such as Apple will be
closely watched as they could significantly influence SPY's direction in the
upcoming sessions.
SPY | The End of a 16-Year Bull Cycle? Major Correction Ahead?🔎 Overview:
The S&P 500 ETF (SPY) has been in a massive bull run since the 2009 bottom, forming a clear 5-wave structure based on Elliott Wave Theory. Now, the market is showing multiple top signals, suggesting that a major correction may be imminent.
📉 Key Warning Signs:
1️⃣ 5-Wave Completion:
The 5th wave is approaching a key Fibonacci extension level (0.618 of Waves 1-3), a common reversal zone for extended moves.
The previous wave count has been respected perfectly, reinforcing this structure.
2️⃣ Fibonacci Circles Alignment:
Price is reaching the outermost Fibonacci arc, a historically significant zone where reversals have occurred.
The market has reacted strongly in previous arcs, indicating this could be another turning point.
3️⃣ RSI Bearish Divergence:
The Relative Strength Index (RSI) is making lower highs while price is making higher highs—a classic bearish divergence signal.
Previous similar divergences led to major corrections, including 2000, 2008, and 2021 dips.
4️⃣ Overextended Market Conditions:
Volume is declining despite new highs, signaling weak buying pressure.
Sentiment is euphoric, typically a late-stage bull market characteristic.
📊 Possible Scenarios:
🟢 Bullish Case: If SPY breaks and sustains above the 0.786 Fibonacci level (~672), we could see an extension.
🔴 Bearish Case: A break below 600 and a weekly close under 575 would confirm the start of a major correction back to the 350-400 zone (previous wave 4 region).
🚨 Final Thoughts:
The technical evidence suggests that SPY is in a late-stage bull cycle, and the risk of a major pullback is high. While timing exact tops is difficult, long-term investors should be cautious, and traders may want to start looking at hedging strategies or taking partial profits.
📢 What’s your take? Are we near a major top, or is there more upside left? Drop your thoughts in the comments! 👇
#SPY #SP500 #StockMarket #ElliottWave #Fibonacci #RSI #BearishDivergence #Trading #Investing 🚀📉
Is SPY setting up for a correction?The weekly RSI for AMEX:SPY has been flashing some warning signs for the past 6 months. We need to discuss why this could be detrimental for the bulls
