Morning Reports

3x ETF Trade Alert 8.1.24

Aug 01, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Rough day for Tech stocks, they fell off a bunkbed. I had discussed 442 on QQQ as eventual bottom and 5300 on SP 500 and we are still well above both, but thought the bounce may push a bit higher before a retest

We are getting a SOX…

3x ETF Morning Report 8.1.24

Aug 01, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Markets/Strategy:

B wave up continues in SP 500, QQQ etc and IWM ETF is breaking out strongly.

ES service had guidance to look for 5590-5600 on ES futures this week and we hit 5598 highs so far, filling a gap above in the chart. If ES can get…

3x ETF Morning Report 7.31.24

Jul 31, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Markets/Strategy:

Huge double bottom in both SOX Index and SP 500, QQQ etc may have hit yesterday. NVDA and AMD up big pre market, SOXL up 12% pre market from low's in 36.80-37.50's yesterday.

QQQ has not yet hit my 442, and SP 500 has not yet hit…

3x ETF Morning Report 7.30.24

Jul 30, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Markets/Strategy:

Markets pulled back some more on Monday. I have some updated "Potential" QQQ ETF and SP 500 charts. We can still look for potential to 5300 on SP 500 and 442-445 area on QQQ (464 now). Not necessarily in one week but over the intermediate window. August-September-October…

3x ETF Morning Report 7.29.24

Jul 29, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Markets/Strategy:

5520 on ES Futures, I noted 5550 possible bounce last Friday when we were at 5480... tech stocks bouncing as well, many of the SRP stock swing positions are pushing up as well here.

5610 area on ES possible HIGHER bounce point but I'm still watching…

3x ETF Morning Report 7.26.24

Jul 26, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Markets/Strategy: Some set ups emerging?

Futures bouncing up off my 5450 targets I put out earlier this week for ES... we could push back to 5550 resistance, currently around 5480

SOX Index may have bottomed out Thursday morning right near the charting areas I gave out recently here…

3x ETF Morning Report 7.25.24

Jul 25, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Markets/Strategy: GOING SLOW FOR NOW

5450 was the low so far from 5721 on ES (SP 500) overnight/yesterday. In the ES service yesterday we were at 5560 in the morning and I said to watch for possibly 5450 if 5553 lows broke , which they did

This is still…

3x ETF Morning Report 7.24.24

Jul 24, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Markets/Strategy: GOING SLOW FOR NOW

The bounce so far off the initial drop from the uptrend highs was limited to just over a .382 retracement bounce, which is shallow. This has led to the futures down this morning, perhaps TESLA not helping pre-market. Testing the lows now at…

3x ETF Morning Report 7.23.24

Jul 23, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Markets/Strategy:

Nice bounce up in ES (SP 500 Futures) to .382 retracement or 5616 from 5553 lows of the A wave down... often you get an A down, B bounce up, then a C down to test the prior lows or lower... so loosely that is what I…

3x ETF Morning Report 7.22.24

Jul 22, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Markets/Strategy:

ES Futures 5588 up 34 points this morning from 5553 lows on the pullback. Looks like a 5 wave decline from 5721 to 5556 for A wave, now B up bounce I think, fwiw... then possibly a re-test or lower C wave yet to come

2 hour…

3x ETF Trade Alert 7.19.24

Jul 19, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Chip Stocks

Taking a bath and working towards a possible SOX Index 5275 pivot here. We can drop another 1.25% or 3.75% on SOXL if that pivot is correct, then possibly bounce up in a counter rally

We can try to play this with entry ranges and a tight…

3x ETF Morning Report 7.19.24

Jul 19, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Markets/Strategy: Further pullback to testing key areas on Thursday

QQQ tested my 477 area with 465 the other I mentioned and charted on Wednesday morning. Closed at 479, again a possible A wave low with a counter rally

SOXL fell to a low of 49.28, double bottomed and was…

3x ETF Morning Report 7.18.24

Jul 18, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Markets/Strategy: Strong pullback Wednesday, small caps hold up well though

The chip stocks took a major hit with SOXL dropping 21% in one day from 65 to 51 area. In one of the areas I noted I was watching recently for a pullback, now we can see why it…

3x ETF Morning Report 7.17.24

Jul 17, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Markets/Strategy: Interesting action as the ES Futures contract hit 5721 and failed, that level is what I was watching to take out cleanly for another possible higher or extended run up in the large caps. Today futures are down to 5656 which is a large drop off…

3x ETF Morning Report 7.16.24

Jul 16, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Track Record: REVIEW HERE

Markets: Market indices consolidating still. QQQ Holding 13 day EMA line (See Chart) which effects our TQQQ 3x Bull position. IWM ETF has smashed higher to 217 but is extended by any means. We have a wave 2 to wait on (Pullback wave) before we would look…

3x ETF Morning Report 7.15.24

Jul 15, 2024 –

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 pushing higher on Monday to 5690 area, uptrend highs are around 5707 from last week. IF we push over 5720 strongly we could start another run towards my LONGER TERM 6125 SP 500/ES potential.

QQQ hit 503 highs last week, pulled…

3x ETF Morning Report 7.12.24

Jul 12, 2024 –

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: SP 500 futures peaked on the inflation report just over 5700 now around 5640 so a 1% or so pullback is not a big deal. However, money rotated into small caps for sure and out of Nasdaq 100 stocks yesterday as lower…

3x ETF Morning Report 7.11.24

Jul 11, 2024 –

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: Inflation report came in very tame and futures are pushing higher. In the ES alerts service we closed a 130 point win going long SP 500. The Human Behavioral patterns I developed with Elliott Wave and a few other ingredients over the…

3x ETF Morning Report 7.10.24

Jul 10, 2024 –

SELL TQQQ if $88 hits
NUGT 39.75 stop on final 1/2 near close

Watching: IWM/TNA

TNA has lagged obviously…

3x ETF Morning Report 7.9.24

Jul 09, 2024 –

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: Continuing to work higher towards my 5700-5800 SP 500 targets laid out May 19th and 510-515 QQQ targets possible as well. No net real change on Monday trade. Earnings should start coming out in full force soon, suspect market is strong for…

3x ETF Morning Report 7.8.24

Jul 08, 2024 –

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: ES pushed to highs along with QQQ this week. We are up 85 points in the Futures Service, make sure you join at esalerts.com just $59 a month and we are crushing the trades. Easy to enter and exit with stops…

3x ETF Late Day Report 7.5.24

Jul 05, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Positions Page: REVIEW HERE
Track Record: REVIEW HERE

Reminder this is my Vacation week I take every year to the Midwest 4th of July week to reunite with the extended family, so timing of reports may be off. Market closed Thursday and Friday likely light trading.

Markets: ES pushed to highs…

3x ETF Morning Report 7.3.24

Jul 03, 2024 –

3x ETF Morning Report 7.2.24

Jul 02, 2024 –

3x ETF Morning Report 7.1.24

Jul 01, 2024 –

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: Uptrend highs on Friday last week but then a pullback late in day. My guess is that is related to end of 2nd quarter rotations, window dressing etc. Next week is a lighter volume week due to July 4th Holiday but will…

3x ETF Morning Report 6.28.24

Jun 28, 2024 –

Watching: TQQQ

May have missed entry, will be watching though

Positions/Notes:

SOXL 6/25 - 10% Position, $58.08 up 8% today as…

3x ETF Morning Report 6.27.24

Jun 27, 2024 –

SOXL Alerted at 53.50 area Tuesday to start 10% position, notes below

Watching: TQQQ

3x Long QQQ I may send out trade…

3x ETF Morning Report 6.26.24

Jun 26, 2024 –

SOXL Alerted at 53.50 area Tuesday to start 10% position, notes below

Watching: N/A

Positions/Notes: SOXL NEW 6/25

3x ETF Morning Report 6.25.24

Jun 25, 2024 –

Website Tips: Your account link is listed below to manage your account

Account Link: [hidden link]

Positions Page: REVIEW HERE
Track Record: REVIEW HERE

SIDE NOTE- Tippingpointstocks.com

I wrote up ENVX at 10.50 on May 29th, this morning was #1 trending on Stocktwits at 14.80 on news of a headset battery delivery deal with a LARGE player in the space. That stock is up 40% for TPS Members in…

3x ETF Morning Report 6.24.24

Jun 24, 2024 –

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: Consolidating, QQQ could pull back to 470 area from 481... not much has changed in last few trading days including the index charts

Longer Wave count still bullish to 510-515 possible on QQQ. We may get long TQQQ on a bit further drop. …

3x ETF Morning Report 6.21.24

Jun 21, 2024 –

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: Consolidating, QQQ could pull back to 470 area from 481...

Updated QQQ DailyMonday QQQ Chart repeated for Wave CountETF Action Items: BITX has hit 37.50 trigger to start position double up this morning

BITX 37.50 hit pre market. Max buy 38…

3x ETF Morning Report 6.20.24

Jun 20, 2024 –

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: ES Service (ESALERTS.COM) is long from 5520 and we are at 5577. Everyone should join, easy to trade like stocks, tax favorable treatment.

Seeing SP 500 moving to my 5700-5800 intermediately per my May projections still. QQQ ETF can run to 510 area…

3x ETF Morning Report 6.18.24

Jun 18, 2024 –

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: SP 500 Etc moved up on Monday. The futures service went long at September Futures 5520 when last weeks high was taken out for reference. A larger wave 3 continues. We may get long some Bull index position/s but with different stops set up…

3x ETF Morning Report 6.17.24

Jun 17, 2024 –

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: SP 500/ES hit my pivot highs on Wednesday this week. I think we go higher intermediately, watch 5340 on ES Futures as support level, about 70 points below current pricing at 5413

Here is my weekly chart view- Bullish still, some further pullback possible

3x ETF Morning Report 6.14.24

Jun 14, 2024 –