The3xETFTrader

The3xETFTrader

Archive

ES Morning Update and Trade Alert

ES Alerts and Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 0
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

5242 June Contract  (Quoting June Contract now going forward)

Possible rally to 5280 on the high end which is equivalent to my 5220 former March contract projection

That said, spidey senses here are that we are LATE in the rally and a short position is next on tap

Yesterday I said 5240 loosely to look at a…

3x ETF Morning Update 3/13/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Positions Page:   REVIEW HERE
Track Record:      REVIEW HERE

Markets:     Continue to hold up overall with likely one last push up here in March I think.  Watching 5220 on SP 500 still as a marker. See chart on SPX.  Key support comes in at the 13 day EMA line and lower at 34day…

3x ETF Sell 1/2 Alert - YINN

Trade Alerts
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
YINN 20.20

Going to sell 1/2 here for about 13% gains

Lets move the stop to 18 near intra-day on remainder 1/2 which is protective of our 17.90 average

Target is AS HIGH as 26 believe it or not... one day at a time

ES Update 3/12/24

ES Alerts and Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 0
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

5203 June Contract  (Quoting June Contract now going forward)

Possible rally to 5280 on the high end which is equivalent to my 5220 former March contract projection

That said, spidey senses here are that we are LATE in the rally and a short position is next on tap

5240 loosely I am looking for us to short…

3x ETF Morning Report 3/12/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Positions Page:   REVIEW HERE
Track Record:      REVIEW HERE

Stock Swing Trade Service (stockreversalspremium.com) since 2009.  My flagship service is hosted at srpmembers.com and E-mail me reversaltraders@gmail.com for a coupon code to try it out if you have not yet.  Track record is listed there at srpmembers.com as well.  I will share…

ES Update 3/11/24

ES Alerts and Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 0
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

ES stopped out

No position, watching action

Stopped out at 5110 about 34 point net loss on the avg of the two tranches we went long on.  Markets unfortunately reversed hard in the afternoon on Friday with NVDA smashing lower out of the blue as well.  About a 3.3% loss on the trade.Weekly chart 5157 on…

3x ETF Morning Report 3/11/24

Morning Reports
Comments 3
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Positions Page:   REVIEW HERE
Track Record:      REVIEW HERE

Markets:    I just E-mailed out the Weekly report this morning, and in that report I have comments on the markets and also what I like going forward.  Noting Futures are down about 80 points or so on SP 500 from last Friday's highs, SOXL…

3x ETF Morning Report 3/8/24

Morning Reports
Comments 2
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Positions Page:   REVIEW HERE
Track Record:      REVIEW HERE

Markets:   Futures at 5155 on ES and IWM ETF near recent highs.  Market continues strong for now, I again expect rally to likely move into April before petering out... but one week at a time. Chip stocks continue at mind blowing rally levels.  I would…

ES Alert Update

ES Alerts and Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 0
ES at 5155, Stop 5110, Sell at 5210... add at 5130-5135

Not much change net net from the alert yesterday, again I would go ahead and be long here and then add at 5130-5135 ranges... (Pushed it up 5 points)  Stop 5110 still.  A push to 5220 still possible not necessarily today. If you see 5210 sell.

Yesterdays Alert Repeated:
Long at market about 5155 IF AGGRESSIVE TRADER, otherwise wait and go…

ES Trade Alert

ES Alerts and Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 0
Long at market about 5155 IF AGGRESSIVE TRADER, otherwise wait and go long at 5130 and or also Add there if hit

Stop 5110

Target 5220 on high end but will follow

ES Morning Update 3/7/24

ES Alerts and Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 0
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:     

5090 big dive in the overnight lows but now bouncing way up to 5133, this is tough action to trade here, but tighter stops are going to be important.

My spidey senses are wondering if we double top around 5150-5160 soon, the 30 minute chart again is choppy and hard to put a pattern…

3x ETF Morning Report 3/7/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 2
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:  Futures up to 5131 on ES (SP 500) and the high so far has been about 5160 with a pivot low around 5077, the uptrend remains intact.  This one heck of a 3rd wave rally from October!
 
 3x ETF Updates:  

Watch List:  FAS -3x Bull Financial

FAS may break out soon and though…

3x ETF Trade Alert

Trade Alerts
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Positions Page:   REVIEW HERE
Track Record:      REVIEW HERE

YINN- 18.15 at time of alert- 3x Bull China

This one we banked profits on recently and then it pulled back to low 17 area from 20-21 area.

FXI is the underlying Chinese ETF that would indicate a possible longer term bullish reversal pattern and…

ES Morning Update 3/6/24

ES Alerts and Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 0
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:     

ES hit a low around 5171 yesterday (March Contract) and now trading up to 5113 area which is normal resistance loosely from last weeks highs.

Uptrend is still intact as we can see from my 4 hour ES chart, with a possible 5220 target still alive.

If we take a long position again, I…

3x ETF Morning Report 3/6/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:  Bouncing up today after "Super Tuesday" election results night perhaps.  I show the NASDAQ 100 Index channel chart today holding the uptrend line, but again we could be in the later innings here. I'm not ready to short because we have not seen a terminal move that would signal a further deeper correction yet. 

Nasdaq 100…

TQQQ stop 59 intra-day

ES Alerts and Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
SETTING Intra-day stop at 59 on TQQQ to be protective

ES Morning Update 3/5/24

ES Alerts and Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 0
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:    5117 ES down from 5158 highs

We sold out at 5138 and 5110 from 5077

5140 is a natural resistance zone, and possible top of 5th wave up... but not yet confirmed.

Trading in here is tricky, if we go long on a dip it will require a tight stop in the event 5th wave…

3x ETF Morning Report 3/5/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:  Pullback this morning, again we hit my 5140 SP 500 target I put out in latter January and that should be normal resistance.  I'm monitoring as always, still potential for 5220 after a pullback, but one day at a time.

3x ETF Updates:  

Watch List:  Will update, market is in 9th inning?

3x ETF Action…

ES Update 3/4/24

ES Alerts and Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 0
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:   5220 possible now but lets see if we get a pullback

Closed or you should close out our 5077 net entry trade at 5135-5140 area per the Friday text...

Will advise soon on next Trade... market is in bull mode until it's not but I like to take profits along the way and reset.  One of…

3x ETF Morning Report 3/4/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:   Please review the weekly report which was published Sunday, 5220 is now on deck for SP 500 to watch now that my 5140 was hit.

3x ETF Updates:  

Watch List:  Will update, market is in 9th inning? 

3x ETF Action Items:     ERX/TNA sold for profits! 

ERX- Hit $60 on Friday and we had…