BBUS setup looking nice. triangle setup and a break is due which way? can SP500 move higher? yes just keep debasing the USD. the crash will happen but only when the insiders have their shorts in place first.
Hedging for what I anticipate to be a global collapse, Markets appear to have potentially put in a significant top, Although it's hard to know this exactly all the signs are there > Don't follow the herd.
Inverse Bear fund on the aussie market Large megaphone pattern.. With glim outlook on economies the risk/reward of this hedge looka favourable. potential profit taking @ $4, $5,$6 and $7
Double bottom. S&P way over cooked. Im short until be get a vaccine or more monetary stimulus.
BBUS is the inverse ETF for the SPX, available on the ASX. With a shaky looking US market, the bears look to be loading up the party bus for some wild action. A very clean setup here which means a trade must be taken at this level, targeting the red box. If this trade plays out, the temporary relief for US equities has come to an end for now. Note: I've used...
hey traders, there are alot of people (in aus) looking to purchase both this and bboz. my opinion. wait for consolidation. why? because what if this turns out to be a c wave and just an expanding flat bboz is also showing a very similar option. allow sideways before longs.
$BBUS on balance risk is now up to yearly pivot like 2018 where fib 62 also collide
I call this my PLAYSCHOOL strategy, because there is a bear in there... Taking a complete punt on the ASX and US stocks continuing a bit of a downward run for a while so have taken a position on these ETFs that are a way of shorting the ASX and US markets without the complications. These work just like buying and selling normal shares. From a user post on...