SDOW has leveled off at a near-term bottom after a downtrend as confirmed by bullish divergence on the RSI and MACD while the price went sideways in consolidation. Volatility has contracted as have trading volumes. I see this as a buying opportunity with a stop loss of 20.5 below the low pivot in consolidation and the first target at 22 underneath a...
The 3x Inverse ETF of the Dow Jones Industrial Average has formed a Bullish Dragon and has broken free from it at the PCZ of a Bullish Deep Cypher with a Bullish PPO Confirmation Circle. If things go as one would expect, then we will see this ETF pump up to at least the 61.8% Retrace, but given how Bearish so many of the Heaviest Weighted Holdings in the Dow look...
SDOW is shown here on a 30 minute chart current rising above a parallel descending channel which is within a longer trend of a downward-facing megaphone pattern where it is currently situated near the top of the megaphone. I have drawn the two trendlines onto the chart and added an RSI indicator. My plan is to take a short trade on SDOW by looking for an...
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index is a price-weighted index and includes 30 large-cap, "blue-chip" U.S. stocks, excluding utility and transportation companies. The fund is non-diversified.
I don’t see how the market continues on an uptrend after cpi, and the Dow is seriously overextended Reasoning: Trendline, daily, weekly and monthly supports Weekly price exhaustion Bottom of broadening pattern Favourable volume
Algo’s keeping the DJI under a slow controlled burn so far, Kept from crashing. But something has to give
We take a position when price leaves out of 15 min opening bar...so entery and put a stop of the previous candel
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 fourth type is the 1919, 1929, 1999 and 2008 scenario that people...
Bought into strength here 31.66 in stop 31.43 . Will book partial profits at 2R if we make it there. ( 2-5 Min TF being used , not 15)
WARNING: Complete and utter speculation based on unfounded assumptions! Not financial advice. SDOW has been pushed down into the dirt by the Dow Bull(ies). Are we getting ready to turn around, trip the gloating bully and run for profit? I've been ridiculed in the past for doing so. But today at least I am in the green. I've put a hedge on SDOW, made a percent...
This is my way of getting a price range on sdow using gann fan if you follow all my ideas, you'll see im a bear market for the last 2 years im doing this for fun and get experience i usually check 3m 15m 4m and weekly montly to make sure im not a idiot RSI is oversold
Oh boy...Just trying to cover my A$$. Simply, an ETF that shorts the DJI.
$SDOW Target 18.27 for 44.2% Or next add level is at 7.07 Sometimes you just have to look at it from a weekly candle?? Up from here... it's time. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will...
trading options will expose you to huge risk, please do your diligent work and never put more than 5% of your capital in a single idea! always have a stop loss, even for options!
Along with Volatility and FAZ i am now gonna get into this one. SDOW stop is a hard stop as for Volatility plays do not let them go until we get our pop.
I'm bullish on many stocks rn but overall i'm still bearish on the market i think it's about time to buy some SDOW to hedge against some of my longs. I have no particular bullish targets for this trade but i do have a set stoploss.