spxl long off 100 day @ 128Daily stoch on bottom turning up looks great. Needs get abve 50 day and can it test highs or fail time will tell.
Earnings start Friday banks which spxl spy usually rallies.
SPXL trade ideas
Patience and wait for a directionNot sure where XPSL is trying to go. Any suggestion is welcome
Chart has put in a couple of Higher Lows & Higher High, but price has been coming down to test supply zone (red box)
Some Highest Open Interest on Option are:
Jan 21 100 Call OI = 8135
Jan 21 100 Put OI = 956
tightening range should break soon (spxl)looking for prices above 145.5 or below 144.6 if we break out of this pattern of higher lows and lower highs in the s&p500
SPXL long updateLets look daily bounced off the 100 day 2x stoch on daily on bottom turned up caught it 2 x still long, Took 3/4 off the long still long
Lets look weekly on the bottom perfect trade. tell me stoch don't work.
SPXL long updateLook daily stoch on bottom and look bounced off the 100 day for the 2 nd time. See the first time I bought off 100 day ran 122 to 139 took profits. look she dropped again. I said she breaks 50 she goes 100 and she did. Went back long 100 day again 124 its 139.63 took some profits up here staying long
Look weekly stoch looks great rolled up over higher low.
They may run this 1st week Jan eoy shit. target 150-155 has to break 142.60 first.
they will squeeze this shit have trail in place.
SPXL AnalysisEvery bullish trend line has been broken, gaps to fill below as well. Will stay short as long as price dictates. Follow the red line down until it turns green or rice closes above the upper ATR band. Not financial advice.
SPXL AnalysisWent short on Wed as noted, we may or may not get a bounce this coming week, but if it clears the last RED bullish trend line we should be good to fill the gaps below and test the bottom support zone highlighted. Follow price, it tells the whole story. Not financial advice.
SPXL ShortWent short yesterday 2 consecutive closes below the green line noted, ATR band sloping downward, tight stop ( upper band of ATR band ) Not financial advice.
SPXLDirexion is one of the largest issuers of leveraged exchange-traded funds (ETFs), those products that have the power to seduce with the potential for outsized short-term gains
SPXLThe WAE is pointing down
The Vortex5 is showing that the bulls are very volatile but the bears are in a dip buy right now and in a few day to weeks there is going to be another pull back. Not sure what the % is but there will be one.
S&P Long 3x compareSPXL
UPRO
UMDD
MIDU
S&P Long 3x compare
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SPXL - Buy the dip boys!-Great time to return on the bullish side!
-Definitely expect some volatility though.
-With the high VIX stay away from calls and buy them stocks / ETFs. VIX started falling, has a way to go down.
SPXL - 3X SPX Bull We will be using the SPXL again for the next SELL Setup.
Many of these 3X ETFs, such as TQQQ outperform on the
downside.
It has performed very well and has Larger Objectives @
the 94 Level.
It can be used to hedge against Positional SELL entries
that require a small hedge, it tends to erase any mistakes
very quickly.
$SPXL - LongDouble buy signal on $SPXL 4 hour chart.
87% win rate, 108 wins, 16 losses.
2% Equity deployed.
ES SPX SPY - Nasty Drop in August3910s remain in Trade.
We anticipate a Large Decline in the S&P 500.
We Hope you do too :)
4% decline to initiate the Larger Selloff, into a 12-18%
Decline.
Stocks vs Options Welcome to Part 1 of understanding Stocks and Options. Here we tried to present briefly the major differences between Stocks and Options. Hope you will enjoy reading this brief presentation.
Best,
Caldoon Investment
Long SPX Call option, SPXL, SPY -- your choice
entry (2 days ago actually)
My SPXL at 6.8% profit currently
cycle top probably happen around June 4th (first top, could be an extended top into Mid-June)
How High? I have no idea, probably take profit based on timing instead of %.
Stop-loss 4180. Although personally bias towards this trade likely results in profit (like 90% confident), having a stop-loss is always important.
$SPXL Long against X stop, Cypher Low risk reward on this Cypher Pattern entry Long against LoD stop, More risk below X (stop red line)
SPXL - End of the Bubble!After a long positive run full of speculation and non-ending green days, the time has come for stocks to go back to their real values.
SPXL - Not normal at all!-As we all know, COVID-19 was a hard period of time full of uncertainties. While many of us were scared that the market will maintain a bearish run for a good amount of time and that the effect of the Pandemic will show its negative effects throughout the years as the economists predicted too, the Market showed us a totally different scenario. Both the SP500 and Nasdaq had a tremendous rise during the pandemic and the market was nothing but all green and positive. For the beginner investors who started investment with the help of social media and some research added on the positivity and for a period of time, it felt like no matter where you put your money it turned green in the next couple of days! But here we are, the harsh reality time has come. Now it is the time for the bubble to pop and for the stocks to go back to the normal way of performance rather than having an "Always Rising" state.
-Okay yeah the market is a bubble but so what? Can't it be the new normal? Why do we think that things are going to go bad soon?
Because of the following facts dear ladies and gentlemen!
Fact # 1: The well-known Buffet Indicator shows us the ratio of total US stock market valuation to GDP. Named after Warren Buffett, who called the ratio "the best single measure of where valuations stand at any given moment". Currently, the ratio has passed the levels of "over-valued" and it has officially entered the "Strongly over-valued" levels. We are currently standing at the levels of the popular Internet Bubble. While the Internet Bubble popped at +67% the current level of the indicator is standing at +88%. It is a brainer, we are rising at a very abnormal speed, and the state of the economy is not that positive.
Fact # 2: Level of Corporate Debt. According to the research that the popular McKinsey has done, the Global debt has grown from $97 trillion to $169 trillion since the crisis but has been stable relative to world GDP. It is bad.
Fact # 3: Levels of money printing are at their highest highs. At this point, FED can either keep printing to sustain the green state of the market, or at a point if they stop printing (cancellation of stimulus paychecks, unemployment paychecks, COVID affected interest-free small-business loans) then things will definitely fall apart.
