%% Thanks; let me get out of all my inverse ETFs. DONT know if its a cup with handle looks like a better uptrend than my start position today of qqq. LOL 12 noon almost lunch time/good cup of coffee, today with handle.[Edit\ i still like to read cover of Dr Suess books/nota prediction + not a racist/LOL]
In reference to ES. U never change your moving average. But u do change your time frame. Always look at what the average pullback range is from the last few days. A moving average is just a guide.
%% BUT they tend to be very good guides.ES is designed by CME for trading\so have to figure than ikn + the fact you get no dividends so its NEVER an investment like some dividend payers are. VERY helpful to test them all/never could geta 233 day ma to work much but 200 period helps a lot.......................................................................................................................
I never do this for my trades rather I prefer to use AMAs to analyse the recent changes according to the last price trend.
%% FINE by me. I checked the 50 day weighted moving average + 50 day simple average+ started a scale on on SPY related\ actually SPLV. IT tends to underperform QQQ, SPY/QLD but with less drawdowns.................................................................................. NOT a prediction. Good timing on your question JWW. Put enough moving averages on your charts\/most likely hit something + profit.[EDIT staring small or scale in works best since cant really predict/so yes change the size on a new ETF, topping or bottom area or a more volitile etf like oil stockETFs,TQQQ sqqq........]
%% On your bigger question JWW; much more common to change position size to smaller as market makes wilder swings. Good reason for that\ especially if one has to sell by 3rd friday week. In a cash market or cash ETF early bull market uptrend /may not make much difference, especially if some profits are built up. ON inverse ETFs[bear profits] bear profits almost never trend as good or as long as uptrends; so it also depends on market being traded.ON that kind of spike/spike profits inverse, dont have to change ma but sell sooner. Thats why i never trade inverse smaller\ than longs or long X 2 or 3 ETF.,
%% WELL a semi good example\LOL.QQQ cash etf/ 3+ 1...... year chart\SQQQ. Semi good because sqqq almost never makes what QQQ or qld does. Semi good because if some is using sqqq as insurance on QQQ; PSQ\sqqq almost never makes what QLD does;certain exceptions apply. Semi good , because some times its best to self insure.
%% Hopefully JWW answers also. Yes. On UPRO, with 20/20 hindsight, sometimes bottoms/bottom areas/ are made on 52 week volume records.[50dma on volume] IN a bear market\which we are not in/ that could be just the beginning of downtrend. NOT a prediction+ UPRO or any can go up or down on any volume.