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.
Use the regular etf charts
Is it late to get in to SDOW, SQQQ, TZA?
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.