Get started

ETF market

$SMH/$NAS100 is clearly in a bearish patternThe semiconductor sector was the poster child of the 2023 & 2024 bull market. The cap weighted index is a momentum play with heavy weights like NASDAQ:NVDA and NASDAQ:AVGO outperforming and hence the ETF gives more than 100% return in 2 years. NASDAQ100 index is also cap weighted and momentum oriented. But the index provides diversification to a certain extent. NASDAQ:SMH hit an ATH in June 2024. In this chart we are plotting the ratio of NASDAQ:SMH vs $NAS100. The ratio peaked in June 2024. The ratio is making new lower lows and lower highs. If we plot the inverse head and shoulder, we see that the ratio can probably hit the neckline which lies at 0.01. This will indicate a 10% more downside in NASDAQ:SMH compared to $NAS100. Currently NASDAQ:SMH is at 226 $. This will indicate a low of 200 $ and then it might indicate a bounce back from those levels. Consolidation of NASDAQ:SMH around 220 $ - 200 $.
NASDAQ:SMH
by RabishankarBiswal
XIT LongBeen on the road since late January, so I haven’t been updating much. Entry on this one is currently going against me. That long black wick to the left marks the last stop-out location — some really poor trading here. Just when you think it’ll never pull back and finally let you in, you enter… and there she goes. This has happened a few times when I use 15-minute entries. You’ll notice I only committed 1/3 of a position — a tactic I use when I’m unsure of the trade but still feel the trend will continue. Getting close to another stop-out. let’s see what happens.
TSX:XITLong
by tradersteve22
Are bonds (TLT) about to fall?I've been thinking for the past few months that TLT would rally up to the 100 area. However, that move hasn't materialized and now I think there's a chance of yields rising and bonds falling. Over the past few weeks the chart has morphed more bearish. It looks like something should set off the bond market this week and cause a lot of volatility in bonds. I think there's potentially a chance we see the lower supports get hit before we see a relief rally. Let's see how it plays out.
NASDAQ:TLTShort
by benjihyam
1
First dead cat bounce in reversing Gamma trend fulfilled SPY/SPXAs the chaos of uncertainty reigns: tariffs on and off again, government shut downs, DOGE hunting down government subsidized industries, we can see a trend change from our general upward long term moves from the past year. Not only this but we have returned to the bearish channel with many attempts to break and turn resistance to support to no avail. How long will it last? First step is to identify a solid exit out of this channel with a confident market support test on the upper channel. Until then we will follow this trend with dead cat bounces until the dust settles.
AMEX:SPYShort
by SuperScholarXYZ
Spy... Where we standWeekly chart... White line represents Primary trend since 08 housing crisis crash Blue channel represents price action from 2017 -2025 Now pay attention.. You see the yellow trendlines ? Those represent the up trend from covid crash and 2022 crash. Those were micro uptrends both lasting 2yrs in length.. So now the market has hit a reset switch and I believe we are headed back to the blue trendlines bottom Like so - I think over the next week or so if spy recovers 567 then we will have one more squeeze to 585 before the next leg down My target by the End of Q2 is 490-500.. basically we are back into 2022 price action Once we hit channel support I expect An accumulation and consolidation before a new multi yr rally to 700 I know this sell off seems random and tariffs related but it's not! Markets top back in Nov/Dec same as 2022. To show you what I mean by that just look at the other Indexes and tell me is it a coincidence they all hit their decade long resistance at the same time? Dow Jones target 38,000 NYA/NYSE (More important then spy) NASDAQ /Ixic Notice how NASDAQ , Dow, NYA and Spy all hit resistance at the same time? No Trump tariff , No inflation fears, No interest BS just good ol channel trade.. I know perma bulls want up forever but I suggest waiting for Spy 490-510 for the REAL dip buy.. You're going to see a bunch of charts focusing on the weekly hammer printing this week but I'd like to point out that in 2022 we also had week hammers print I do think Spy can bounce as high as 585 if it can get over 567 next week..
AMEX:SPY
by ContraryTrader
13
Bulls are holding the line on SPY!Boost and follow for more 🔥 SPY bulls are holding the line at the weekly trend support line from December 2023, for now bulls still have control and this is just a normal pullback, a rally higher to previous and new highs is likely from here in my opinion.. break of 540 on the weekly timeframe and a lot more blood may come.. but for now its looking like people are buying the dip.. if this post gets some likes ill start posting more SPY updates in the future, this is my first one of the year! its been a while
AMEX:SPYLong
by Aura_Trades
9
Opening (IRA): TQQQ April 17th 45 Covered Call... for a 43.24 debit. Comments: Adding to my position at break evens better than what I currently have on, but going a little bit less aggressive net delta-wise, selling the -84 delta call against shares to emulate the delta metrics of a 2 x expected move short put, but with the built-in defense of the short call. Metrics: Buying Power Effect/Break Even: 43.24 Max Profit: 1.76 ROC at Max: 4.07% 50% Max: .88 ROC at 50% Max: 2.04% Will generally look to take profit at 50% max, add at intervals if I can get in at break evens better than what I currently have on, and/or roll out short call if my take profit is not hit.
NASDAQ:TQQQLong
by NaughtyPines
Opening (IRA): TNA April 17th 25 Covered Call... for a 23.63 debit. Comments: Adding to my current position at strikes/break evens better than what I currently have on, selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. Metrics: Buying Power Effect/Break Even: 23.63 Max Profit: 1.37 ROC at Max: 5.80% 50% Max: .68 ROC at 50% Max: 2.90% Will generally look to take profit at 50% max, add at intervals if I can get in at break evens better than what I currently have on, and/or roll out short call in the event my take profit isn't hit.
AMEX:TNALong
by NaughtyPines
Opening (IRA): SOXL April 17th 14 Covered Call... for a 12.95 debit. Comments: High IVR/IV. Adding at strikes better than what I currently have on, selling the -81 call against shares to emulate the delta metrics of a 19 delta short put, but with the built-in defense of the short calls. Metrics: Buying Power Effect/Break Even: 12.95/share Max Profit: 1.05 ROC at Max: 8.11% 50% Max: .53 ROC at 50% Max: 4.06% Will generally look to take profit at 50% max, add at intervals if I can get in at break evens better than what I currently have on, roll out short call if my take profit is not hit.
AMEX:SOXLLong
by NaughtyPines
2
QQQ - support & resistant areas for today March 14, 2025Above are the key support and resistance levels for QQQ today. These levels can indicate where the price might reverse or consolidate and may signal potential long (buy) or short (sell) positions for traders. These levels are calculated using mathematical models and are relevant for today’s trading session. Please note that they may change in the future. If you find this information helpful and would like to receive these insights every morning at 9:30 AM, please support me by boosting this post and following me @OnePunchMan91. Your engagement is greatly appreciated! If this post does not receive more than 10 boosts, I may reconsider providing these daily updates. Thank you!
NASDAQ:QQQ
by OnePunchMan91
SPY Market Analysis - 14/3/2025 The bears got a tight bear channel down which means persistent selling. The current leg down is in the form of a 9-bar bear microchannel. There could be sellers above the first pullback. The selling pressure has been stronger (big bear bars, consecutive bear bars) as compared with the weaker buying pressure (bull bars with no follow-through buying). The bears want a measured move to around 5400 in the SPX which is just 100 points away fro yesterday's low. If the market trades higher, the bears expect at least a small second leg sideways to down to retest the current leg low (Mar 13). The bulls see the move down as climactic. They hope to get a reversal from a parabolic wedge. The problem with the bull's case is that the bull bars have no sustained follow-through buying. They need to create consecutive bull bars trading near their high to convince traders that they are back on control. The move down has been strong. The market remain Always In Short. If there is a pullback, odds favor a second leg sideways to down to retest the current leg extreme low (Mar 13). There could be sellers above the first pullback from the 9-bar bear microchannel. For now, traders will see if the weekly candlestick will close with a long tail below (like the last 2 weeks). Or will the market retest yesterday's low and close the week near its low instead?
AMEX:SPY
by Tech_Trader88
SPY - support & resistant areas for today March 14, 2025The key support and resistance levels for SPY today are above. Follow me to get this notified when I publish in the morning. Understanding key levels in trading can provide valuable insights into potential market movements. These levels often indicate where prices might reverse or consolidate, serving as important signals for traders considering long (buy) or short (sell) positions. Calculated using complex mathematical models, these levels are tailored for today's trading session and may evolve as market conditions change. If you find this information beneficial and would like to receive these insights every morning at 9:30 AM, I invite you to support me by boosting this post and following me @OnePunchMan91. Your engagement is greatly valued! However, please note that if this post doesn’t receive more than 10 boosts, I will have to reconsider providing these daily updates. Thank you for your support! Need any other charts daily, comment on this.
AMEX:SPY
by OnePunchMan91
2
Are Gold Miners Going Higher?Gold miners are one of the top-performing industries this year, and some traders may see further upside in a key ETF tracking the group. The first pattern on today’s chart of the VanEck Gold Miners ETF is the falling trendline along the highs of October and February. GDX cleared that resistance on Thursday, which may suggest a breakout is underway. Second, the 50-day simple moving average (SMA) rose above the 200-day SMA in February and above the 100-day SMA in March. That alignment, with faster SMAs above slower SMAs, may be consistent with a longer-term uptrend. Third, the ETF peaked around $39 in December and bounced at the same level on February 28. Did old resistance become new support? Next, MACD just turned positive. The 8-day exponential moving average (EMA) is also above the 21-day EMA. Those are potentially bullish short-term signals. Fifth, GDX remains below its 2020 high of $45.78 –- despite physical gold setting new records. The ETF is also still under peaks from early last decade. Investors may wonder whether the producing companies are undervalued on a relative basis. Finally, TradeStation data shows GDX averaging roughly 128,000 options per day in the last month. That may help traders position for moves with calls and puts. Standardized Performances for the ETF mentioned above: VanEck Gold Miners ETF (GDX) 1-year: +52.63% 5-years: +34.98% 10-year: +83.14% (As of February 28, 2025) Exchange Traded Funds ("ETFs") are subject to management fees and other expenses. Before making investment decisions, investors should carefully read information found in the prospectus or summary prospectus, if available, including investment objectives, risks, charges, and expenses. Click here to find the prospectus. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com . Visit www.TradeStation.com for full details on the costs and fees associated with options. Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the Margin Disclosure Statement at www.TradeStation.com . TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
AMEX:GDX
by TradeStation
5