Spotlight on SDOW inverse ETF: upside ahead?

Discussion in 'ETFs' started by KCalhoun, Jul 25, 2020.

  1. KCalhoun

    KCalhoun

    Here's one of the best pivot setups in inverse ETFs I'm now swingtrading; looks especially good if it pivots up over 50SMA at $25:

    sdow25july2d.jpg sdow25july6mo.jpg

    here's new positions I put on for weekend hold (2 accts); starting small as usual; will scale in next week if markets continue selling. Join my chatroom for daily live coverage.

    fdly25julya.jpg fdly25julyb.jpg
     
    murray t turtle likes this.
  2. %%
    I was planning on putting in a resting order on DXD;
    instead did a SDOW, resting order. IWM inverse is looking good .SPXS/SPXU is a closer race with spxl/upro.[AUG/SEPT tends to be down for dow=NOT a prediction]
    QQQ + related is still a good uptrend/green uptrend, most all time frames...............................................................................................[turn ar0und tues 11;51 cst]
     
    KCalhoun likes this.