Who would you trust with your money?Spoiler alert: More evidence against NDQ in this idea!
US Companies are organized in clusters, some of them are DJI, SPX, RUT, NDQ etc.
Some of them are more trustworthy than others. And by that I mean which of these sets one can depend on.
DJI is indeed a dependable group of companies, the so ca
Key stats
About ProShares Short Dow30
Home page
Inception date
Jun 19, 2006
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
DOG is a simple bet against the Dow Jones Industrial Averageperhaps the most famous index in the worldwith an intended duration of 1 day. The fund is designed to deliver the inverse performance of the 30 large-cap, well-known firms in the DJIA, weighted by price. This inverse exposure is daily, and anyone holding for longer than a day will not necessarily see the proportional, inverse performance they expect. Investors who do not have the expertise or knowledge needed to execute on this strategy should avoid DOG. Since the fund is typically a trading vehicle, the annual expense ratio is of less concern than all in trading costs.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
DOG Assumption of target levels beyond May 2022DOG is an inverse chart of DOW 30. the assumed pivot points are indicated and determined as much as possibile ratio and proportion of swings.
Target point for Dog may provide time targets for DOW turning points for possible swing trade. DOG provides for long trading as opposed to shorting DOW 30
ProShares Short Dow30 Is The US market crash coming ?Is The US market crash coming ?
We have 3 types of “crashes”
Correction <15% downward movement in a major indicy
Bear Market <20% downward movement in a major indicy
Black Swan event, something very unexpected that tanks the market, think 1987, 1929, challenger disaster, 911 and so on.
The four
Candlestick Reversal Patterns, Indicators, or Both?This chart demonstrates beautifully how better results might be obtained by using candlestick reversal patterns instead of just blindly following a lagging indicator.
DISCLAIMER: This is not a trading strategy or plan that anyone should use out of the box. This is not investment advice, but please
Why fight technicals Inverse of the Dow. Dow may drop more.. I am seeing about a 15% drop on the 3 day chart. Our long term support is around the 21,000 dollar rang on the monthly. Sellers seem to be plenty full. Target for this trade is above 65 per share. IF the monthly is accurate $76.55 exit price.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.