Long FAZ @ 8.00 as A hedgeThis high risk trade may get stopped out small shares look daily stoch up looks to be basing, still some selling Look weekly pointing down so its s swing trade. When weekly pointing up its a position trade 1 day 6 months like SPXL Longby john12Updated 1
FAZ Triple Leveraged Bearish Financial Sector LONGThe idea is on this FAZ 15 minute chart. This is a ply on the idea that a rate cut may get kicked down the road and a rate increase may come into consideration as a result of the report of "sticky inflation". Longby AwesomeAvaniUpdated 1
FAZ / FAS a demonstration of ratio-tradingHere on a daily chart the ratio of the Bearish Leveraged Financial ETF to its Bullish counterpart is showing to be in a descending parallel channel. The chart is marked with comments about trading considerations of these ratios at a given time. At present, the FAZ is undervalued and should be bought. On the other hand, Bullish FAS, should be either sold if positions are held.Longby AwesomeAvani1
FAZ cup & handle formingFAZ cup & handle forming on the 1 hour chart. pt1 :23.81 $ pt2 : 26 $ Longby intelligentLla523760
Goal 22$We are going into the channel, now we are at the lower border. A rebound to the upper limit is possible, there is a target of 22$Longby Tontine_Coffee_House2
VIXMNot a recommendation. Volumes are increasing, expecting to test $16 soon! Keep monitoring market volatility.by tradologist100
FAZ Financial Bear 3XFAZ, Good ETF for inverted market of Small Banks I will hope this will give us 15% of profit in couple weeksLongby brunosilva20
Bull FlagThis flag almost became too long for it's pole. No recommendation. Direxion Shares ETF Trust - Direxion Daily Financial Bear 3X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. It invests through derivatives and through other funds in stocks of companies operating across financials sectors. The fund employs short strategy and uses derivatives such as futures, swaps to create its portfolio. The fund invests in growth and value stocks of large-cap companies. It seeks to track -3x the daily performance of the Financials Select Sector Index. Direxion Shares ETF Trust - Direxion Daily Financial Bear 3X Shares was formed on November 6, 2008 and is domiciled in the United States. The investment seeks daily investment results of 300% of the inverse (or opposite) of the daily performance of the Financials Select Sector Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in swap agreements, futures contracts, short positions or other financial instruments that provide inverse (opposite) or short daily exposure to the index or to ETFs that track the index. The index includes securities of companies from the following industries: Banks; Thrifts & Mortgage Finance; Diversified Financial Services; Consumer Finance; capital markets; Insurance; and Mortgage REITs. It is non-diversified. Benchmark: Financials Select Sector TR USD by lauralea440
FAZ Bear Leveraged Financial Economy ETF LongAs the fed raises rates to try to throttled down inflation, the economy and the financial sector suffer. FAZ got its catalyst today in the federal news. It is a bearish fund that will go up while the FAS ETF will go down. On the 2-hour chart, the price can be seen rising to crossover the VWAP anchored a month back. It is nearly crossing over the POC line of the intermediate-term volume profile. These are both bullish moves confirmed by a dramatic increase in trading volumes perhaps 4-5X of the moving average volume. The overall picture is a long trade setup either with stock or strategic but more risky call options which could 10X. Longby AwesomeAvani1
shorting the bullish cypher, target $19.59there is a bearish abcd pattern inside a bullish cypher set up. im shorting the c leg of the bullish cypher (d leg of the bearish abcd pattern) to the D leg of the bullish cypher which I have around 19.59Shortby moneyflow_traderUpdated 1
FAZ Stock Chart Fibonacci Analysis 0322231) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 24/61.80% by fibonacci61800
Long FAZ 16.52look at daily chart hitting major support daily stoch still heading down Weekly on bottomLongby john12Updated 330
Pull Back FishingThis leveraged ETF has pulled way back. So far, price went just below the .886 of the first leg up in this M pattern. Close to a double bottom. Other fib levels are marked. No recommendation. Candle of indecision today that is turning green to red, then green again. The risk of a wrong decision can be preferable to the terror of indecision. Direxion Shares ETF Trust - Direxion Daily Financial Bear 3X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. It invests through derivatives and through other funds in stocks of companies operating across financials sectors. The fund employs short strategy and uses derivatives such as futures, swaps to create its portfolio. The fund invests in growth and value stocks of large-cap companies. It seeks to track -3x the daily performance of the Financials Select Sector Index. Direxion Shares ETF Trust - Direxion Daily Financial Bear 3X Shares was formed on November 6, 2008 and is domiciled in the United States. The investment seeks daily investment results of 300% of the inverse (or opposite) of the daily performance of the Financials Select Sector Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index includes securities of companies from the following industries: Banks; Thrifts & Mortgage Finance; Diversified Financial Services; Consumer Finance; capital markets; Insurance; and Mortgage REITs. It is non-diversified. Benchmark: Financials Select Sector TR USDby lauraleaUpdated 1
Inverse and leveraged etfs make for the best cups for gainsGet ready for a rocket ride #CUP&HANDLE#BIGEARNINGMISS#BIGMONEYONAQUCIKINANDOUT by jacobdtaylorddag1
Cup and HandleThere is an ABC pattern inside the Cup pattern and D has been reached. A throwback occurred and price is back inside the cup. This is not to long entry level for the cup pattern. It has been a while since I have seen this pattern (o: Unfortunately it is on a bearish ETN that moves up x 3 when the market moves down and vice versa. Risky and leveraged. No recommendation. Fund Profile Direxion Shares ETF Trust - Direxion Daily Financial Bear 3X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. It invests through derivatives and through other funds in stocks of companies operating across financials sectors. The fund employs short strategy and uses derivatives such as futures, swaps to create its portfolio. The fund invests in growth and value stocks of large-cap companies. It seeks to track -3x the daily performance of the Russell 1000 Financials 40 Act 15/22.5 Daily Capped Index. Direxion Shares ETF Trust - Direxion Daily Financial Bear 3X Shares was formed on November 6, 2008 and is domiciled in the United States. The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the Russell 1000 Financials 40 Act 15/22.5 Daily Capped Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index measures the performance of U.S. large capitalization companies that are assigned to the Financials Industry by the ICB sector classification framework. It is non-diversified. Benchmark: Russell 1000 F40 Act15/22.5 D Cap TR USDby lauralea3
long FAZ @ 21.65Daily stoch heading south pull back occurring. look Vol more buying then selling. took some off 26 20% gain. Still long some shares Weekly trying turn up. Longby john122
FAZ Weekly - swan sighting?FAZ weekly chart presented and comparing last two price run ups to current condition. AO appears to want to go positive. See chart for price reaction last two times this occurred on the weekly. RSI bouncing off 18 month low with harmonics generally supporting a turn soon. Plenty of upward room for the stoch, but it does appear to be faltering a little here. Note large volume buying of FAZ starting mid-June 2021 and a lot of overall interest in this derivative since just before the COVI-crash. This volume isn't retail. They say you cant' predict a black swan event but FAZ seems to be sensing something wicked. Not financial advice.by Akksujean0
long FAZ @ 25.74Daily turning up ready cross need better vol Weekly looks great target 31Longby john120
long FAZ 26.49 small sharesDaily says can go lower 26.26 support Holding 50 day MA VOL not great Weekly stoch look great heading up so its just a pull back on FAZ Longby john120
long FAZ 27.50 hedge Daily looks great stoch up higher lows Weekly looks good stoch heading up Longby john120
As Above So BelowXLF versus FAZ Both completing Triangle Corrective Waves in opposite directions. Indicators supporting a change in direction soon. Not financial advice.by Akksujean1
Long FAZ 25.15Daily says pull back on stoch more buying selling on vol Nice higher lows Weekly looks great over 30%Longby john121