here's some trade setups a few shorts and otherwise longs. was
hard to find longs and a lot of these are lower priced. As Steve
mentioned the trend is up but with many of the indexes above their
upper BB's, could be due for some reversion to mean pullback action
in the market soon
IWM - Chart Link short, this is an
aggressive wedge but not the MACD div
UUP - Chart Link as I mentioned las week
the US Dollar is trying to bounce, and on the weekend Steve showed
a wedge pattern. I'm already long some calls on UUP, otherwise
here's the two main US Dollar ETF's
Some trade setups
Posted by matt on 10th of Jan 2021 at 08:49 pm
here's some trade setups a few shorts and otherwise longs. was hard to find longs and a lot of these are lower priced. As Steve mentioned the trend is up but with many of the indexes above their upper BB's, could be due for some reversion to mean pullback action in the market soon
IWM - Chart Link short, this is an aggressive wedge but not the MACD div
VXX - Chart Link basing pattern on VIX ETF
GBIO - Chart Link, XLP - Chart Link, LIVN - Chart Link, FTSI - Chart Link
EGAN - Chart Link, CKPT - Chart Link, CHNR - Chart Link, APWC - Chart Link
APA - Chart Link, CPE - Chart Link, CDEV - Chart Link
UUP - Chart Link as I
Posted by matt on 10th of Jan 2021 at 09:07 pm
UUP - Chart Link as I mentioned las week the US Dollar is trying to bounce, and on the weekend Steve showed a wedge pattern. I'm already long some calls on UUP, otherwise here's the two main US Dollar ETF's
USDU - Chart Link
Long calls as well since
Posted by fundamentalvalues on 11th of Jan 2021 at 08:18 am
Long calls as well since that divergent low area and 20s RSI. It should work its way toward 25s with any stock market pullback
futures keep weakening, ES down
Posted by matt on 10th of Jan 2021 at 09:06 pm
futures keep weakening, ES down 24 at the moment