TSLL is Telsa with a boost of steroids LONGTSLL is an ETF of TESLA instruments leveraged 50% - while TSLA has its own range percent from its volatility TSLL does this even more at a lower per share price. On the 4H chart, TSLL can be seen pivoting down in a VWAP breakdown from a high about July 19th. It is now in deep oversold territory supported by the redline of the second standard deviation line below the thick black mean VWAP. On the ZL-MACD, the cross under the histogram and the ascent of the lines toward the zero line shows in my opinion bullish disvergence. Upside to the target just below the POC line of the volume profile is about 15%. I will go long taking call options as : 1. contracts striking $ 16.00 for an expiration of 8/25 and, 2. contracts striking $ 17.00 for an expiration of 9/1. I am anticipating overall profits of 100% as a goal in this trade. I avoid time decay and in risk management I will close a position when it hits 100% or not less than two days before the expiration. Good luck on this trade if you take it. DYODD !by AwesomeAvaniUpdated 5
QQQ Trade Ideas for the Week of 5/27/2024Some potential paths for QQQ early this week. I'm leaning bullish, but will be ready to capitalize on downside if it happens.Longby AdvancedPlays2
SPY Trade Ideas for the Week of 5/27/2024I'm leaning bullish, but there will be equal opportunity on either side unless we chop all week.Longby AdvancedPlays0
Miners need more consolidation before taking off from wedgeI don't think it's quite their time yet, I see a fall, a month of meandering, before launching and hitting my green target.Shortby EmptyEternityUpdated 4
Double Top in Gold That Strangely is Correlated with NividiaDid you know gold and Nividia have an 81% correlation? That's strange. (chart in comments) I see a double top in gold. TTM Squeeze firing on weekly, daily, 4 hourly and it's a continuation of a squeeze on the hourly. TTM Squeeze's usually bounce off the opposite side when it breaks/fakes out. Outside an exogenous event I see pm's taking the summer off and reawakening in the fall when the dollar tops out after the BOJ sells US treasuries after China devalues their currency after the dollar spikes when Europe cuts rates soon. It's going to be an epic chain reaction. The FED will cut rates heading into the election and if Trump wins he'll ride the last meme wave until it crashes and reinstitute a gold standard, or if Biden wins we get CBDC's. I'll be looking for low IV OTM calls in the fall after the FED cuts rates...Shortby EmptyEternityUpdated 2
Silver is in short term consolidation before breaking $30It doesn't matter what short term paper contracts do, or taking profits - the East is importing gold and silver at a beguiling rate that won't allow for much shenanigans for the metals market. I was however surprised to see the price bounce exactly off the top of the box. I see silver going down to $24 area, shake out some hands, and rocket up past $30 after options expiration date. I see a smaller consolidation week in May before going even higher. I HIGHLY recommend Silver Miners right now. They saw some life this week and last - and since they usually lag, I can see them being down for the next two weeks before going up themselves. I like AMEX:SIL , AMEX:SILJ , and NUGT for indices, and NYSE:NEM for the best miner in the world for one simple reason - AMERICA will be the LAST country to nationalize their natural resources in a communistic reaction to the skyrocketing dollar. I expect that to happen starting next year. Longby EmptyEternityUpdated 1117
Ninja Talks EP 36: CockamamieDefinition; "Ridiculous, implausible or nonsensical." Just some of the words that come to mind when I see bambi traders who are still wet behind the ears "jeet" into meme coins with their $500 in life savings clutched in their fist hoping to hit it big in the memesino. Sad. Instead of spending time formulating foundational trading principles and a strong thesis on direction, they idolize doge coin millionaires as if they 're the second coming of Christ. Turning water into rancid dog shi...can I swear on here? In any event, my reason for writing this psychological thriller of a post is two fold; 1) We are not even at peak hysteria yet and dumb money is already flowing to these lottery ticket tickers. It's almost time to make the biggest pychological shift in your trading you will ever make so be prepared, because while everyone else is selling their sound investments and converting it to cat tokens YOU have the opportunity to observe the FOMO within yourself. Once you conquer this and hold the line, you are unstoppable. 2) Spending this time creating strong first principles , the techniques will come (they always do), but success comes slowly and consistently with a principle-based trading diet. Try not to fill up on an over-processed all you can eat meme coin buffets, because when the time comes and you need empty space for your investment you will be too bloated to eat. Be wise my friend. "Knowing yourself is the beginning of all wisdom." - Aristotle Rant over. by NinjaTradingServices0
Time to catch Gold beesGold bees corrected and its at buying level buy around 60, 61 small SL 60 or 59.50 Target 63, 65 Very low risk trade Go for it guys Educational purpose only Longby Santosh_TambeUpdated 2
$SPY May 27, 2024AMEX:SPY May 27, 2024 15 Minutes For the day my range is fixed between 532 - 524. All moving averages have converged in 15 minutes. For the sharp fall from 533.07 to 524.73 AMEX:SPY resisted around 618% retracement being 530 levels. If a consider the rise 524.73 to 530.27, holding 526.5 today i have a target 530 - 532. If AMEX:SPY closed below 526.5 in 15 minutes bar with close near low of bar i expect 523- 524 to be resisted first. No trade day for me today.by RiderTrader222
Shorting the Japan ETFPersonally, I would not advise using the leverage, 2x or even 3x Bear ETFs unless you are super confident and knows and can accept the RISKS involved. U win 2 or 3 x but also loses 2 or 3x, can you really accept it ? The question you should always ask no matter what indicators or gurus telling you, what if you are wrong ? Answer this question and not avoid it means you know what you are doing, has calculated the risk/reward ratio and this is a small % of your capital allocated to speculate. That is fine. And if you are RIGHT, you do not increase your position size NOT because you do not want to make more money BUT to tame your greed for future bets. Stick to the same position size with appropriate stop loss and if the table turns against you, you can still sleep well. Maybe, a conservative method but it works for me, how about you ?Shortby dchua19690
✅SPY WILL KEEP GROWING|LONG🚀 ✅SPY is making a rebound From the horizontal support Of 524$ and as we are bullish Biased we will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx224
spy weekly 27th MAY 2024This is my analysis for SPY for this coming week. I have clearly explained the levels and my intentions. Let me know if you have nay doubts. NOTE:WE ARE BULLISHLong05:55by THECHAARTIST9910
Real Estate Crash $IYRReal estate has completed an abc correction to the first down leg of 2022 and will be followed by a C leg down for resolution through the end of 2024. Shortby FomoFutures1
SPY: Forecast & Trading Plan The price of SPY will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️Shortby UnitedSignals225
SPY BEARISH BIAS RIGHT NOW| SHORT Hello,Friends! SPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 491.67 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals116
SQQQ is rising today LONG SQQQ trended down the last two days of last week and especially Friday as the technology stocks surged Yesterday had price consolidation and generally less trading volumes. I believe that SQQQ will bounce at this level. It is supported by a cross above the POC line of the volume profile. Under that line is the stop loss while the target is 17.95 at last week's pivot high The relative volume void above 17.3 suggests that price may have great movement once getting over that level. A confirmatory MACD line cross sets the reversal .Longby AwesomeAvaniUpdated 116
$10 by June 2024It's 2024, 3 years since people received free money from our government, people already started draining their savings accounts. Everything got much more expensive. Rising auto loan, credit card, mortgage delinquencies. We already had crypto pumps begging this year and these pumps were much smaller than 2021. I don't think people have money to pump anything anymore. The recent GME and AMC pumps were also small compared to 2021 pumps. I think time is about to come for the entire crypto industry. Let's be honest, it's a pure game. I'm long BITI. Current position: 5000 BITI shares.Longby iTheOneUpdated 1
$SPY BREAKING Death DOJILast month I gave yall over 250% on Inside Week breakout into NEW ATH However BECAREFUL now for Potential BULL TRAP Into GREED many FVG BELOW! I am looking to short using LAST WEEKS LOW as the triggerby tradingwarzone336
$SPY HyperInflation returns AMEX:SPY return of hyper inflation will we see AMEX:SPY my high target of $640.30 or will it die off around $540.70 give or take after we reach those highs we will see pullback back down to $395 if buyers fail to step up to show support we'll be testing 2008 lows back around $285 eventually down to $200 then $86 then $24 (WW3 scenario / end of world scenario/ near default) As bears we've done our job to short squeeze it to highs as news hit about Trump wall st bought up the rumors let's see how long we'll extend the rally. Thinking we got a bit more to go before we short completely after the rate cuts come around fall time you'll see a mass sell off as banks shut down.Longby calmstradesUpdated 5
QQQ: Short Trading Opportunity QQQ - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short QQQ Entry - 458.03 Sl - 468.73 Tp - 438.87 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals114
Cap weighted vs Equal Weight SPY at ExtremesAre the times when the cap wtd S&P500 is crushing the EW AMEX:SPY also the times when AMEX:SPY is most vulnerable? At present, you would have to go back to Q1 2009 to find a simliar ratio to today (using AMEX:RSP as the EW SPY in comparison to AMEX:SPY ). Another period when this extreme was reached was 2020.by jay_S_0