The3xETFTrader

The3xETFTrader

Morning Reports

3x ETF Morning Report 6.13.24

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 Futures hit my 5455 projection yesterday. The ES Service closed out a 110 point futures profit from 5340 to 5450.  This is all my interpretation of Elliott Wave/Fibonacci patterns coupled with a few things I sprinkle in.

So short term both the QQQ…

3x ETF Morning Report 4/19/24

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: Repeating views below 
  • 4963 lows on ES futures overnight, I had projected 4990 yesterday morning in the ES trading service, we went short and made a profit but closed out 5060 before the supposed bombs hit overseas and caused a mini crash. Futures…

3x ETF Morning Report 4/17/24

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: Repeating views below 
  • 4990 SP 500 coming into views, my April 2nd forecast for KEY SUPPORT, below that is 4820-4850 per Monday update  
  • Again, Mercury Retrograde goes until April 25th, lots of confusion during this window on news events etc.
  • Stay patient…

3x ETF Morning Report 4/16/24

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:

 
  • 4990 SP 500 coming into views, my April 2nd forecast for KEY SUPPORT, below that is 4820-4850 per Monday update  
  • Again, Mercury Retrograde goes until April 25th, lots of confusion during this window on news events etc.
  • Stay patient and let the…

3x ETF Morning Report 4/15/24

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 Futures at 5205 Monday morning after washout late last week. I realized that Mercury is in Retrograde from April 1st until April 25th, and that my friends adds to volatility, mis-interpretation, over-analyzing, and bad decision making on behalf of humans. Those who have…

3x ETF Morning Report 4/12/24

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 Futures at 5200, the support line this morning but flying all over the place here in April. Volatility to continue, perhaps some frustration but we are executing pretty well considering.

 3x ETF Positions/Notes:

 

  •  BITX $50.94 currently, high over 52 earlier…

3x ETF Morning Report 4/11/24

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 bouncing up some this morning on a calm producer price index report, vs yesterdays Inflation report which pushed everything down. 5200 on ES futures remains a key pivot, 5140 on SP 500 is another to watch, if we pierce that then a confirmed…

3x ETF Morning Report 4/10/24

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:

Hot Inflation report pushes SP 500 futures back to 5200 support zone this morning. Bitcoin pulling back some more as well from this weeks Monday morning smash higher. 

3x ETF Positions/Notes:

  •  BITX $47.88 down pre market, down from $55 highs early Monday morning.10% Remainder…

3x ETF Morning Report 4/8/24

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 5200 TESTED
 
SP 500 Futures at 5251 essentially unchanged but bouncing up from the 5200 key support level I noted last week.  Bitcoin on fire, 72,600 and BITX is nearing 54.75 ranges up huge. Biotech MAY have bottomed last week, hit our…

3x ETF Morning Report 4/4/24

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: 8 day correction in QQQ/MARKET normal so far
 
8 Day Banister Behavioral pullback in QQQ was overdue, and frankly still a shallow correction. Until the market breaks down below certain levels I remain bullish intermediately but again we had a huge run off…

3x ETF Morning Report 4/2/24

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:
Bitcoin dropping hard, may see 62,900 area currently 65,300 down from 69,500 late yesterday. SP 500 and NASDAQ futures are down.

I think most of this is post 1st quarter rotations as most managers were trying to hang onto paper gains in 1st quarter…

3x ETF Morning Report 4/1/24

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:
Bitcoin pulling back some this morning, but still in a grinding 8 day base pattern.
SP 500 likely works a bit higher along with NASDAQ 100 etc in early April.

3x ETF Positions/Notes:

BITX long 10% position from 43.75, now 51.69 area, Target 59…

3x ETF Morning Update 3/27/24

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 near highs into end of quarter window, not much else to add. Could see QQQ ETF break out further, hence our TQQQ alert yesterday.

3x ETF Positions/Notes:

BITX long 10% position from 43.75, now 52 area, Target 59, Stop now 51 near…

3x ETF Morning Update 3/15/24

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:     Showing the ES (SP 500 June Futures) Chart this morning, still a valid bull structure after that 70 plus point decline from the weeks highs last 2 days. Bouncing up this morning, its a 5 day consolidation pattern that could still push higher…

3x ETF Morning Report 3/12/24

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…

3x ETF Morning Report 3/8/24

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…
Load more…