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QLD looks better today than QID\ as of 11;40 CST;
200dma \50 dma + year to date charts favor QID.
I also remember how brief May SPXL/UPRO/TQQQ profits were, so brief , good for resting orders into last FED Wed.
NOT a stock tip\LOL but i have a good looking 3 year color candle chart on SPXL...
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''Grasshopper'' is a nickname Kung Fu king called his mentor:caution::caution:
Its also a nickname from old testament, the Hebrews named themselves\ when they saw the giants + giant grapes in the land of Canaan[ land of capital + rich farmland]
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MSFT + QQQ are some of the best top trenders of all time;
but past year or 2 , QQQ, QLD have underperformed SPY mostly.
Congrats on noting MSFT monthly topping tail in $330 area even though\ only the next month, MSFT closed higher.......
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50 is real good average also\50dma ; but its also a good front run off 55dma or 55 days/LOL:D:D.
50% also is a much advertised sale price.
Local grocer[Cash Savers] priced Short + Sweet Strawberries @ $1.00 per...
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QID is so close to 52 week highs+ extended above 200dma. Most likely uptrends more/ on 200dma.
I had planned on doing some thing else today+ not trading/ but SPY + QQQ ,DOW futs related up, would most likely be a good inverse buy day[premarket futures up\countetrend.]
Possible QID dips...
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THOSE or most plants are an air cleaner, conditioner ;
edible stuff = a double barrel blessing. ALL plants like co2, which is a plant food\not a cause for a climate change scam.:caution::caution: Main reason i don't have indoor plants; got all i want on acreage...........
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Good points\ NO one really know until several days of months close prices.
and it depends on if someone wants a professional measure like a 200 day moving average . my comments do not apply to any thing but stocks\ ETFs based on stocks.
Best way to lose money is buy\ average down cr@p...
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LOTS of good patterns in a garden;
redbirds, red shotgun shells, cardinals, bluebirds, hills + valleys, tomatoe plants, green apples, red apples. Good strawberries [short + sweet brand] from CA,USA, farms.:caution::caution:
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20 + 21 \200 can track trends well;
sometimes strangely so.
Could make a case for tight stops on something like SPLV.
Good thing for me i dont trade it much; but i can see why some that like tight stops could do well with it........
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YES something like that, except not much very short term trading on that.
It's something like the profitable Dow derivatives trader noted ''Dow is correlated to itself.''
NOT really an ad for the DOW, but still a wise correlation statement.
Besides even some past hi correlations can easy...
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LOL\
I dont try to figure out some else's charts much, but looks like your moving averages + price worked well, even if RSI failed/LOL:D:D.
Strangely some times posting a good moving average, can mess it up briefly; I'll make sure to sure to study more than that female asset managers \30...
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RSI is so hated rightly by many trend followers, no wonder a few found a use for it:D:D
I have it a few charts\ but i have so much on my printed charts; RSI + PSAR were good things for me to cut off. but if i use something once a year, OK by me. Not that i would use something like that...
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Good points\
it is more disorderly, mostly. Even with a somewhat orderly bear move with SH.....................[No leverage \bear move on SPY\S&P500]
IBD founder shorted many of his longs/top trenders, that could be an advantage to that. Overall he did super well, not most 7 i think,7...
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I haven't traded SOXS much lately\but I have reread Fox in Socks/LOL:D:D
Fox business notes its still up nicely, as of lunch time . Nice bid \ask spread; i like some of those wide bid\ ask, spread ETFs because many traders avoid those:caution::caution:
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Something like that\
$400 area on SPY exits 2, 3x ETFs. I'm getting mature+ somewhat conservative.
They name SPY ''the liquidity leader'' LOL\ it is. IF its @ the bottom of 4 hour chart+ drifting up, that's an average =liquidity leader, on much data.
I do some preplanned orders+ some...