SPXL in bear market by Jan endSPXL shows it's been in down trend (bear market) since Jan 24, where we see: both EMA crossing & BBP very negative. Then we sell & buy SPXS. We won't see bottom until: both EMA cross again & BBP very positive. Be patient & wait for bears to finish eating.Shortby roelds1
multiple scenarios for mondaydepending how futures market plays out tonight and if people keep buying a mondays open we cod have very different outcomes. the bull case is essentially if we see RSI, Double STOCH signal remain positive or if we hit resistance at gap close and continue lower or make a double bottom. even in the bull case we could rally for a couple weeks and then double bottom. bias cautiously bullish as there are more bull scenarios than bear. even the magenta path is a bull scenario for a few days. staying over TRAMA and causing VWMA to rise with it means strong support for bulls.Longby cerealpatterns1
Shorted SPXL 113.13Daily stoch heading south Under all MA 100 DAY MA ready death cross 200 day down side more selling buying Target 105 Shortby john12Updated 3
SPXL SWING TRADE FROM SHORT TO LONG 114.37Got out SPXL short now long look daily stoch still heading down near bottom and SPXL holding 50 day trailing stop in target 120- 124 50 day or 200day MA. stop drop again Longby john12Updated 2
SPXL Short 128.04 Look daily chart see stoch turning down u also see the buying vol very low look how its dropping black line on vol It also went into lots resistance 128 area Target 123.124 area My hedge on spy long Shortby john12Updated 7
Stocks - SPXL/S&P Buy the FearIdea for SPXL: - Buy the Fear - Long Apr 14 111C (10.80 debit) GLHF - DPTLongby UnknownUnicorn1043646Updated 334
spx getting to oversold (SPXL)we are in technical conditions of a selloff and risk averse activity is driving the market. defensive sectors are even doing poorly. there is no reason to think price action will turn around here, vut the price doesnt go anywhere in a straight line. at least one last trip up to mid or upper 95s is a valid target.Longby cerealcharts2
Shorted SPXL @ 126.86Daily stoch will start turning here short small shares at first. lower highs on daily.Shortby john12Updated 1
multiple cup and handle patterns forming on spxl need to clear the 1st cup and handle pattern, then see another retest that will lead to another cup and handle breakout Longby moneyflow_traderUpdated 0
cup and handle breakout set up looking for a breakout of the handle and retest of the supply zone. short term target 106Longby moneyflow_traderUpdated 0
probable tightening range (SPXL)given the amount of retracement if we stay over 97 and attract volume setting and confirmin this as a higher low around the .5 its likely we enter a tightening range going for a touch of vwma and then setting a lower high. id like to close that day around the highs for a bull daily case. horizontals are valid targets.Longby cerealcharts1
.618 retracement seems like its a buy for broader markets (SPXL)109.56 would be a great higher low to put in if we get bounce into the end of the week. i trust that if we keep cloaing over 105 on the daily that we will be back up at 123 in a couple weeks time.Longby cerealtradesUpdated 1
correction?It's is very possible to see SP going up in a few days and go higher than the last time. so stay tuned!Longby AllAboutMoney110
seems a lot like volatility has returned as the norm (SPXL)theres a chance that getting back to all time highs may take a lonh time, and when we get there we may be heading into another drop. if volatility has returned as the new norm there is a lot of evidence to suggest that we wont see a stronger market than 2021 until at least 2023. should we make a second break to the downside whether it is sooner or later a touch of vwma monthly is not unthinkable.Longby cerealtradesUpdated 0
Staying long SPXL @102.00Ok lets break this down very simple I am long only off the daily stoch see bottom turned up and the capitulation candle. I see this rallying into the 100 day 127 or the 50 day 131.50 spy be 455 - 460 area to fail then possibly shrt and SPY UNDER 50 AND 100 DAY MA Look weekly stoch heading down so its considered still a down trend Longby john12Updated 2
SPXL LONG @ 102 1/24/2022Went long SPXL @ 102 yesterday. Look at the daily candle called a capitulation candle shorts pounded long came in yes the PPT. They will do what they can get back above 200 day Daily stoch turning up we held the low today of yesterday drop. I see rally to 450-460 area to the 50 day ma fail, drop make new lows. CRASH HAS STARTED TOPS IN. Look weekly stoch heading down trend is down I am playing daily stoch to 50 day then short Longby john123
we should see a bounce some time in the following week (SPXL)i really want to stress that i am not saying the daily/weekly trend is going to change right back to bull. with that said, i think there is money to be made long over the next week, as long as futures sunday dont have the craziest bear session since corona. some shorts are going to cover on the next drop, and this is going to cause a small squeeze. i dont think all time highs are in the cards yet for broader market bulls. i do think 106 and 119 are reasonable targets. rsi is diverging bullishly, and dipping into the high teens would signal oversold conditions. i realize this differs from my SPY forecast. that is a long term forecast on an unleveraged asset. i am using different strategies for different instruments. qqe long entry signal should be due soon, although there have already been 3 signals that only led to small bounces, and not a return to a bull trend since the top.by cerealtradesUpdated 0
SPXL long update www.screencast.com Look at that stoch heading south and are we under the 50 day MA and we made that lower high, See S1 130.74 we closed above support so I took some off shrt made 7% still shrt Weekly rolling over some not enough though playing the daily chart stoch, support. Shortby john12Updated 115
SPXL SHORTED @ 139.50Daily stoch going up but as I said earlier in long she is making lower high. look vol more selling then buying. Look todays candle Lets see Daily starts roll over and we close under 50 day MA Have trailing stop in Target 128Shortby john12113
Still long SPXL 132.83Daily stoch heading up bounced off 100 day 3x and over the 50 day ma vol not bad we need a pull back took 3/4 off today trailing rest uptrend Longby john12Updated 1
spx run up at gap close may fail (spxl)if we dont break 133.33 confidently, and confirm 15 min reversal pattern with a lower low 131.85 this may signal overheated conditions in spx should we keep the uptrend holding 130.69 and continuing higher i imagine we have a go at 135, although id still be wary of buying borader markets right now except for a quick flip if we dont hold 130 and cant get back over 130.66 we will probably see 127.66 again soon volatility comes in waves the odds we close up at the highs are low but if we do theres a good long in itby cerealtradesUpdated 1
spxl long off 100 day @ 128Daily stoch on bottom turning up looks great. Needs get abve 50 day and can it test highs or fail time will tell. Earnings start Friday banks which spxl spy usually rallies. Longby john120
Patience and wait for a directionNot sure where XPSL is trying to go. Any suggestion is welcome Chart has put in a couple of Higher Lows & Higher High, but price has been coming down to test supply zone (red box) Some Highest Open Interest on Option are: Jan 21 100 Call OI = 8135 Jan 21 100 Put OI = 956 by J_HaUpdated 1