Subtleties in market interpretation are the essence
of long term successful analysis in the stock market.
When most (the crowd) are seeing the same thing,
often there is something else going on at the same time
if you just look a little deeper.
In this illustration, I am using SPXS, Direxion's Triple Short S+P 500 ETF.
The chart shows the massive rollover top, 8 straight weeks in the making
since the S+P bottomed in late December 2018 at 2346
My thesis here in that SPXS has spent the last 8 successive weeks,
returning to the base uptrend line,shown here in green on the chart.
I have also included the "Know Sure Thing" Indicator, a revealing glimpse indicator
which shows SPXS on a very recent Buy Signal on the 4 Hour Chart,
all the while price in SPXS continued to decline, with the recent S+P rise to 2775
When one combines price action, with a chosen revealing indicator,
and then uses trader's instincts to initiate action, the resulting trade
can present opportunity to catch a much larger move in the market,
before the crowd even recognizes it.
Based on the above illustration, I am looking for a price high in the S+P 500 very shortly
and will use SPXS Triple Short ETF to capitalize on this opportunity
Simply put, the crowd right now is looking somewhere else,and looking the other way.
Like a bank robbery where the thieves plant the bomb
on the other side of town as "the distraction",
the vault will soon be easily opened, and the cash extracted,.. with no one looking.
SPXS 22.39 Last
THE_UNWIND
2/18/19
NEW YORK
of long term successful analysis in the stock market.
When most (the crowd) are seeing the same thing,
often there is something else going on at the same time
if you just look a little deeper.
In this illustration, I am using SPXS, Direxion's Triple Short S+P 500 ETF.
The chart shows the massive rollover top, 8 straight weeks in the making
since the S+P bottomed in late December 2018 at 2346
My thesis here in that SPXS has spent the last 8 successive weeks,
returning to the base uptrend line,shown here in green on the chart.
I have also included the "Know Sure Thing" Indicator, a revealing glimpse indicator
which shows SPXS on a very recent Buy Signal on the 4 Hour Chart,
all the while price in SPXS continued to decline, with the recent S+P rise to 2775
When one combines price action, with a chosen revealing indicator,
and then uses trader's instincts to initiate action, the resulting trade
can present opportunity to catch a much larger move in the market,
before the crowd even recognizes it.
Based on the above illustration, I am looking for a price high in the S+P 500 very shortly
and will use SPXS Triple Short ETF to capitalize on this opportunity
Simply put, the crowd right now is looking somewhere else,and looking the other way.
Like a bank robbery where the thieves plant the bomb
on the other side of town as "the distraction",
the vault will soon be easily opened, and the cash extracted,.. with no one looking.
SPXS 22.39 Last
THE_UNWIND
2/18/19
NEW YORK
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
