Went long TZA Daily stoch heading up Vol buying going up nice daily candle
Super interesting spot here at support for TZA. Small caps have been melting faces, so interestingly TZA finds itself at support at the same time IWM is grinding up at resistance. Will the bulls keep pumping, or will the bears seize control?
Look at the daily stoch look at weekly stoch looking good may take some off monday hit target 25 I believe she is going lot higher in time 30 Nice lower highs
Last night, the DXY went below the PCZ of the Bullish Alt-Bat and bottomed out at the Demand Line of the channel it has been trading within, and at the same time, it formed a Bullish Butterfly with double PPO confirmation. Now it is back above the Moving Averages and on the rise. Meanwhile, the yields have seemingly bottomed out at the 200 SMA at the PCZ of a...
The 3x Bearish Return ETF for the IWM is currently showing Hidden Bearish Divergence on the weekly at the 55-week EMA, and it looks like if this Hidden Bearish Divergence plays out we will see the ETF fall below the B point and begin to accelerate its Bearish Wave Structure which would complete between the 1.272 and 1.618 Fibonacci extensions. This would mean...
Look daily stoch turning up nice higher lows and above all ma's Stop 29.71 Target 38 and higher
Holding todays low Daily stoch will start turn up
1. "Continuation Wedge (Bullish)" chart pattern formed on Direxion Daily Small Cap Bear 3x Shares . This bullish signal indicates that the stock price may rise from the close of $25.48 to the range of $37.00 - $38.75. Tells Me: After a temporary interruption, the prior uptrend is set to continue. A Continuation Wedge (Bullish) represents a temporary interruption...
Daily RSI bounced back just above 30 with a rising ADX indicator. Most everything seems to be at overbought conditions as Fed policy is still tightening. Yields up, Dollar up, speculative assets DOWN. Small caps don't stand a very good chance of profiting in a deflationary environment. Expecting more bankruptcies, layoffs, & defaults. Indexes could fall hard...
Someone asked me about TZA, the Russell 2k inverse bear fund etf. These inverse bear ETFs DO NOT CONTAIN STOCK. They hold only futures contracts, which continually EXPIRE, like options. These funds are effectively like put option substitutes, they suffer severe, continuous time decay. Please observe price since inception. That is not a typo. Adjusted for reverse...
Look daily stoch on bottom turning up 33 nice support target 50 day MA 41. Vol not bad but not great.
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...
TZA should bounce if we hold above this recent resistance/strong trend support, price targets are 36.82-38.55-39.83 like and follow for more ! 💘
Trading is a business based on probabilities, therefore the key to success in this field is to stack the odds/probabilities in your favor - in simpler terms take high probability trades. Idea behind this trade : parabolic move upwards Reasoning: BB bands tightening up- this is generally seen right before an explosive move - Price is above the ATR indicating a...
Daily rolling over so pull back happening. 28.66 support. Look Vol more buying selling Weekly look good turning up. made 16% Still long few shares still
$TZA broke long-term EMA cloud and is going to test the 200D VWAP along with the most recent trend line. If structural decline continues to happen on $SPY (looking like it will for at least another day or so this week) then this could be a good play.
Daily on bottom vol not bad higher lows Weekly great
Daily about to cross turning up Vol at least average hitting average line not bad Weekly stoch fantastic Target 48 200 day ma give it time