Inverse Winners: SQQQ UVXY TZA

[murray t turtle]

Yeah the inverses move differently SQQQ vs SDOW. Main trading signal I use is 2day high breakouts with volume confirmation

%%
I also use a form of your [Vwma] volume weighted moving average , but on hourly charts sometimes...………………………………………………………………………..And since only one of my chart services uses Vwma, I usually use a simple or exponential ma on volume/with discretion.LOL

 

[KCalhoun]

back in inverses, here's current tiny starter positions for swingtrading (2 accts) as of 2:30pmET 9/17

totals (approx):

SQQQ 90shares ($2400)
SRTY 70sh ($570)
TZA 60sh ($1k)
SOXS 15sh ($650)
SPXS 100sh ($600)
etc

goal = scale up

 

[murray t turtle]

back in inverses, here's current tiny starter positions for swingtrading (2 accts) as of 2:30pmET 9/17

totals (approx):

SQQQ 90shares ($2400)
SRTY 70sh ($570)
TZA 60sh ($1k)
SOXS 15sh ($650)
SPXS 100sh ($600)
etc

goal = scale up

View attachment 239564 View attachment 239565

%%
i didnt know if it was me, but since the swings were so wild/easy for me to lose on it,SOXS; but i did better with TECS,SQQQ, so i traded them more.
SQQQ can get pretty wild also/but i usually have some TQQQ...........................................................................................

 

[KCalhoun]

nice chart SQQQ

volatility/VIX is up, check out UVXY

updated open positions 9/23

 

[murray t turtle]

nice chart SQQQ
View attachment 239950


volatility/VIX is up, check out UVXY
View attachment 239951

updated open positions 9/23

View attachment 239954 View attachment 239955

%%
I haven't looked @ SQQQ today;
but with SPXS + QLD, charts, your sqqq chart looks like it pays to be out before last little bit with inverse ETFs/red volume/price.LOL
I told that younger trader 100% use volume in tech analysis; its a requirement to enter his stock/etf order...………………………………………………………………………………………..

 

[KCalhoun]

I want to make $$$ swing trading this, imho it has "buy me" written all over it if it breaks over $30; similar charts SPXS SDOW TZA/SRTY

 

[KCalhoun]

Started scaling in premkt 9/24:

 

[murray t turtle]

Started scaling in premkt 9/24:

View attachment 240004

%%
I was thinking about a buy on spxs today/fri/25;
but not yet;looks like spy + related found support below 50dma.
I did cut a loss on cash SPY related ETF, tech etfs are doing so much better.Even though its most likely it could be profitable in late SEPT/oct...…………...………………………………...…...
Even if spy goes down a bit more; easier to find a bottom with it off 10% from 52 week hi;
tqqq off 33% from 52 week hi. Good for sqqq/tecs more than tqqq in SEPT.