$SH Tradespoon – Bearish Play as S&P 500 Faces HeadwindTradespoon model generated bearish signal for S&P 500 AMEX:SH . Predicted range: $44.29–$46.25. Market volatility, rising rates, and geopolitical risks support the case. AMEX:SH
Key stats
About ProShares Short S&P500
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.
SH offers a 1-day bet against the S&P 500 and provides the liquidity required to allow investors to use it as such. The fund, like most leveraged and inverse products, is designed to deliver its inverse exposure to its underlying indexa cap-weighted basket of 500 large-cap US firms selected by the S&P Index Committeefor 1 trading day. Holding it for a period longer than that will introduce the effects of compounding, even if this is less pronounced in a non-leveraged product. Still, the tool is designed to be held for no more than 1 day, or with frequent rebalancing of exposure to approximate the target -1x multiple. SH is not a buy-and-hold investment and should not be expected to provide index leverage return greater than one day period.
Classification
What's in the fund
Exposure type
Cash
Government
Stock breakdown by region
$SH Short $SPYAMEX:SH Short AMEX:SPY taking some profits here or buying some protection is a prudent idea with a earnings and the federal reserve meeting coming. Double bottom for AMEX:SH
SH Daily Bullish IdeaThe red bearish pattern is invalid which means it should fractal, becoming a left wing on a larger bearish pattern. The blue bullish pattern is valid so I anticipate it to push price into my upside target area. I am still bullish on the weekly chart (see related idea)
SH Bullish IdeaThe purple Bearish union ABC is the primary bearish pattern in play where I anticipate D to complete in the upside target area. The powerful pattern is the blue bearish union ABC because it has a B extension of its XA swing which means I anticipate price to complete above B. This particular pattern
My $SH Investment Idea (Entry & Exits)$SH is an S&P 500 Short 1x ETF.
As my target approaches, I plan to scale into my position. I will look for it to act as support with increased volume before increasing my position further.
Short term, looking for downside as entry target is reached.
Long ProShares Short SP500Looks like this will be a great trend through October. As we watch the SPY fall. It is testing a resistance line here but, the trend is not reversing.
Buy Signal soon on Inverse S&P 500 Fund (SH)Buy SH when the Slow Stochastic Closes > 20 on the Daily Chart on High Volume.
Relative Strength on SH is 92, much stronger than most stocks at this time.
SH S&P500 SPX 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
Long SHLooking at the inverse here on $SH. Currently climbing through the the EMA clouds. Something to keep an eye on.
ProShares Short S&P 500 (SH) - Long Setup Looking Good.This inverse ETF is looking bullish, and trend has shifted to the upside. In other words, the S&P itself is bearish.
See all ideas
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.