SPXU WEEKLY GANN FANthis is just for fun because i posted a chart in 2021 and wanted to run it again if things go up, they usually follow the gann fan for meLongby jessyfuchs0
BUY SPXU soon?I trade this swing chart. No ambiguity All Analysis is TradingView Community Scripts. MACD (X0 or XX no! Not kisses and hugs) must confirm/filter price chart signal (Price must penetrate all chart indicator lines and get a Lorentzian green flag. Note : displayed WINRATE is associated with Lorentzian .. No guarantees. Luck always helps.by anotherDAPTrader1
Betting on a crash SPXUPretty obvious we are on the brink of a year end rally based on seasonality and election cycles OR we are about to see the biggest system crash since the great depression based on absolutely bananas monetary policy for the last 50 years and over correction helicopter money from the Federal Reserve. As always based on price action, timeline, and risk VS rework here is the long entry play I am in on a small scale right now. Price action: we got a bottom with higher low then pump.. (test pump) now price has come back down to test the moving averages and make a completion of fib golden zone. Timeline: clearly after the election we will see some improvement once certainty is restored... if Trump wins rates go to zero and we will get a can kick with a great 4 years no doubt...but until then FUD of every type. This is a hedge on my Bitcoin / Bitcoin miner stock positions. R/R it doesnt get any cleaner than this... we either get stopped out with a small loss or catch a liquidity crisis to the moon.Longby Trainwreck1
Butterfly possible? Any help is appreciated Ive never used butterfly patterns but thought this looked close to one....Perhaps it's possible 🤔 If you could offer any insight I'd appreciate it, thanksby woahbully220
SPXU - bears are in control after CPI release$SPXU - bears are in control after CPI release Shorting the US market is not an easy business, but this is the trend since the beginning of 2022 and there is no sign of it changing. In addition to my previous post... On Friday I have been stopped out from both $SPXU and $SQQQ, locking in roughly 1,5% and 2% profit accordingly. I have also been stoped out from $UVXY, realising around 0,55% loss in absolute terms. Yesterday I have decided to reopen my position in all of the three above mentioned instruments at better price, with increased volume and same risk. So far it proved to be a good idea, but we are far from evaluating it. Inflation is not cooling, volatility is... well you see it. Today's CPI number made the futures market to reprice the yield curve. 4,25-4,50% is the new most probable FED target rate... There is no secret, based on my research and opinion I don't think fundamentally things have changed. Are they getting worse? Did macro environment changed in favour of risk-on bulls? I honestly don't want to see capitulation, severe depression, strong increase in unemployment, world war 3 - you name it... but as you have noticed I have changed my view and will stick with bears for now. Trend is your friend. You may find how I see the technical picture on weekly timeframe. My base case scenario as per now is that $SPX500 is heading towards 3400 price level. More than 100% upside potential in $SPXU? I wish it would be a straight road, but I strongly doubt it... Longby GIgor_021Updated 3
Long SPXU as a hedge 13.20Daily stoch turning up daily charts shows some basing vol more buying vs selling stop loss 12.37 Longby john12Updated 116
S&P 500 Commodity index / S&P 500S&P 500 Commodity index / S&P 500 Index It is a ratio of the two indexesby JoachimCheung220
Back long SPXU 15.75Look at the candle small capitulation nice tail Look vol more buying then selling look daily stoch trying turn up look at weekly stoch heading up stop under todays low 15.31 target 20Longby john12Updated 336
Long SPXU 16.91Look at the daily stoch turning up look weekly stoch heading up Big resistance where the ma are once we clear that hold she will run to 24 Longby john12Updated 115
SPXUYesterday on ''better'' than expected inflation data triggered some s/l-s, maybe it was driven by fixation of long positions, because in my opinion SPXU is heading higher from current level. Let's see. risk moderate or around 0,7%Longby GIgor_021330
Using Put options in SPXU to trade the SPXDisclaimer All TRADING involves high risk and YOU can LOSE a substantial amount of money, no matter what method you use. All trading involves high risk; past performance is not necessarily indicative of future results. For Educational Use Only – Not To Be Utilized As Trading Advice Strategy ----------- SPXU is inversely correlated to the SPX. Trade SPXU weekly put options for cheaper premiums and expecting a larger move. Purchase the weekly SPXU put options contract to trade upside in SPX. (A short term trading strategy to reduce capital outlay) Use Level 2 Tape Reading to see the supply/demand of the market, including the Pros ----- Less capital outlay so much more efficient There is a tracking error in the SPXU which can help in getting a better price into the put option (the option pricing will change based on the buyers and sellers in the options market). This can help in time delay for trade setup before the move comes into the SPXU instrument. SPXU provides (-3x) exposure to a market-cap weighted index of 500 large- and mid-cap US companies selected by the S&P Committee. This -3x exposure can help speed up the change in price of the underlying, which can help move faster towards breakeven and above into profitability in the options contract. Cons ------ Options have an expiry date so some timing does come into question. There could be a change in the negative correlation between SPXU and SPX due to tracking error. The trade does not move enough in the direction of the put in SPXU over and above the breakeven that the premium Premium decay in the option for short-term options which can result in Theta decay. Put options tend to move slower (shorter deltas) than call options (larger deltas). Summary ------------ This strategy is only meant for reducing the capital required to get exposure to the SPX via leveraged instrument such as option. Educationby ashpat86Updated 0
spxu long 17.18Long spxu Daily on bottom spy cannot get above the 50 day look vol spxu more buying selling Longby john12Updated 228
Are you bullish on Short ETFs? $SQQQ $SPXUWhat do you see when looking aty these charts? I see higher highs and higher lows. The NASDAQ:SQQQ broke a short-term trendline to the upside and then, the AMEX:SPXU followed. Now the next test is the last week's high, which it seems that it will break today. If it does, the next resistance is at the June highs. Thats +34% for SQQQ and +25% for SPXU, it could be a really good swing trade. You could also say that both ETFs are making a head & shoulders but until the neckline is broken is not a head & shoulders. by dpuleo19Updated 115
spx what comes nexthere are a few relevant forecasts to consider... some from other time frames... everyone's favorite, the fractal. what's your favorite color? .meowby potentpoet111
SPXU us500 s&p 500 Is The US market crash coming ?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 generally refer to as a “crash” 2022 a new one ? Sincereley L.E.D In Spain 14/05/2022Shortby wallstreetstocks2
SPXU SPX Please don't take this as financial advice, but let me tell you THE CRASH IS COMING. Sincerely, L.E.D In Spain on 05/11/2022Shortby wallstreetstocks1
SPXU crossed resistence levelSPXU crossed resistance at 17.85 MACD and Stochastics in buy territory. RSI at 60 which is a good entry level as it is over 50. It also crossed signal at 59.Longby ashpat860
S&P500 ProShares UntraPro Short OpportunityS&P 500 has had a tough go in Q1 2022 and looks to continue it's correction given the broader macro-environment and economic headwinds. Upside opportunity if a market correction similar to the black swan event in March of 2020 would be greater than 1,000%... even a smaller correction as the Fed tightens in the short-term has potential to deliver phenomenal gains. Looking at OBV and moving averages, the downside to SPXU is quite manageable relative to the upside. Because this is an inverse relationship to the S&P, it's shorting the S&P but it is LONGING $SPXU.Longby R0MM3LL1
Risk VS RewardWhen you first get into stocks the first lesson I would tell you to learn about is Risk vs Reward (R/R). I still don't completely grasp the finer points except that I keep making the same mistake and that is not measuring the Risk before I buy short dated options on SPX. Granted when you hit a short dated Out of the Money (OTM) options (referred to sometimes as Lottos) the rewards are amazing, but the risk you take holding them is much higher. You have a better chance going to a casino and betting it all on Black or White. Then there are Short Leveraged ETFs like SPXU. These are great equities/derivative to use Margin with on in a Carry Trade. My broker labels it as a Married Put and what it essentially lets you do is apply the premium of the In the Money (ITM) PUT you buy as your risk of the underlying going down (which is natural for short leveraged etfs) so they will lend you shares. You can then safely leverage up as much PUT premium as you can afford to risk. In the case of a market correction like what happened in Mar20, your reward would pay x 15k to 20k times your maximum risk. To put that in perspective, using 31k in put premium for the next 4 months (max risk 11k at SPXU $15) you would borrow 130k from your broker (10k shares of SPXU). The payout at SPXU $210 (march 2020 correction) would pay you out ~2 million dollars. Now is about the only time the margin interest will be low enough. When the Fed finally raises interest rates, the cost of borrowing 130k for 4 months would be significantly more. You can also write weekly/monthly Calls on some of your SPXU shares to cover the margin/premium cost and maybe even generate income. Just look at the volume average (white dots) increasing as we get closer to the inevitable rate hike the fed must do. Definitely Not Financial Advice. I'm a Meat Popsicle. As always, Hope for the Best. Plan for the Worst. by SPYvsGME333
Time to buy SPXUI've been watching this channel for a while as I've been wanting to short the market. There's been a breakout in the channel. Previously two breakouts were head fakes. So another head fake is still in the cards, but I'm trading until it happens.Longby Market_Manipulation221
SPXU - Buys to OpenThe Indices are in the final stages of this rise in Price for the ES. The RTY has begun to roll over. The NQ will follow and finally the INDU - this is IF there is a rotation, there may not be. It would be a panic move as the DOW is targeting 28,2000. We are positioning an Inverse Ladder for Buy to Opens in SPXU. We being my son and myself. 17.00 - early BTO @ 2% 16.57 - early BTO @ 8% 15.85 - Ideal BTO @ 30% 14.92 - Ideal BTO @ 40% 13.46 - Ideal BTO @ 10% The VX Complex is targeting 12.30s on larger Daily Setup. It may or may not get there, it would require a massive move for Pirce in all Indices and a small recovery in the RTY to a minimum of 2335.50. We will move up entries for SPXU Price should the VX Curve change, it is presently in Contango, but we anticipate it moving into Backwardation very quickly as the dislocation similar to LTCM Russian Bond Dislocation and 1987s German Bond Dislocation. IN addition, we will be positioning in the VX Curve from August to November. The VXM will be used for Inverse Ladder from 12.30s on the August Front Month after the Continuous Contract resolves. 40% of our portfolio will be positioned in the VX Complex August to November. 40% in the SPXU and 20% Net short NQ, MNQ. Our Sell Side Account will be in effect 100% Sell into July 23-25th. We will begin positioning July 21st and 22nd with 100% allocation regardless of Fills on Inverse Ladders for VX Complex and SPXU. ________________________________________________________________________________________ As for Options, we will be allocating Capital into Selling Calls near upside targets. We will sell Deep in the money Calls for the NQ, ES initially and follow with a Call Ladder for the YM. YM Calls -35900, 36700 are the targets, We will begin selling YM calls @ 35000, 34500, 34000, 33500, 33000, 32500. ES Calls 4190, 4250, 4280, 4330, 4380 NQ Calls 13200, 13900, 14100, 14300, 14500, 14700 Shortby HK_L61Updated 222