Posted by frtaylor on 19th of May 2021 at 12:19 pm
Use the regular etf charts and watch for a candle reversal
pattern on an intraday chart (doji, evening star, gravestone doji,
bear wedge, higher high w/ divergence, etc.). Watch for
resistance on the regular etf charts. For example on DIA there is
resistance around 341 and then 342. I would not buy any SDOW,
TZA etc. right now w/out a trigger and stop above the high before
the trigger.
Is it late to get
Posted by xxkumarxx on 19th of May 2021 at 10:43 am
Is it late to get in to SDOW, SQQQ, TZA?
Use the regular etf charts
Posted by frtaylor on 19th of May 2021 at 12:19 pm
Use the regular etf charts and watch for a candle reversal pattern on an intraday chart (doji, evening star, gravestone doji, bear wedge, higher high w/ divergence, etc.). Watch for resistance on the regular etf charts. For example on DIA there is resistance around 341 and then 342. I would not buy any SDOW, TZA etc. right now w/out a trigger and stop above the high before the trigger.
You can consider dipping your
Posted by fredsaid on 19th of May 2021 at 01:16 pm
You can consider dipping your toe into them when the S&P get's to 4120. That should be in about 15 minutes or 1 hour and 15 minutes.