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Last Post: 9/24/2020 8:20:28 AM - Followers: 8 - Board type: Free - Posts Today: 0

ETFs, Leveraged ETFs, Sector Funds


♦  The original version of this board was to focus on Mutual Sector Funds for the purpose of optimizing 401K accounts
♦  The scope has since expanded to include much more input and dialogue on ETFs, Sector ETFs and Leveraged ETFs



Links

ETFdb Screener              https://etfdb.com/screener/
ETF Channel https://www.etfchannel.com/
Ichimoku Trading Strategy https://tradingstrategyguides.com/best-ichimoku-strategy/
ETF Strategy https://www.etfstrategy.com/
FX Empire https://www.fxempire.com/
Celsisu Energy http://www.celsiusenergy.net/
finviz Futures https://finviz.com/futures.ashx



https://www.etfchannel.com/article/202008/etf-flows-report-for-08-21-2020-gld-iau-slv-tfflowreport08212020.htm/





ETF Heat Maps
Aug 21stth, 2020 Daily





Aug 21st, 2020 Weekly




Aug 21st, 2020 Monthly




Aug 21st, 2020 6 Months





Relative Rotation Graph S&P SPDR's 08/21/2020 



 

SPX 500 Daily 08/21/2020




SPX 500 Weekly 08/21/2020




SPX 500 Monthly 08/21/20







The Ichimoku Kinkou Hyo Cloud Indicator

Ichimoku = “One look, glance”.

Kinkou = “Balance, equilibrium”.

Hyo = “Chart, Graph.


https://tradingstrategyguides.com/best-ichimoku-strategy/






Metals & Energy
05/22/2020






Pairs
 
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Anatomy of a Cloud Trade

GUSH 3X Bull Oil & Gas

The Buy 

I had been watching oil recover right along with the general market since the Christmas '18 low.  It was ja nagging felling I couldn't shake that I had to be in oil/GUSH.  Was I tool late?  Where do I get in?  The paralysis of thinking I needed to catch the absolute bottom...or nothing.  Ichimoku cloud strategy has helped me to get more focused and methodical in trading.  This includes incoporating other indicators/strategies to deepen my trading plan.

I use four key elements
- Different Time Frames
- Ichimoku Cloud
- 5/10 MA avarage crossovers
- RSI(14) and a 20 MA crossover

I haven't had a clear view on where to trade on the GUSH daily chart.  I ended up buying based on the 30 min below.  It's clearer now on the daily my nagging feeling about needing to get in GUSH.  Here are my summary thoughts on the set up of the buy:
 
- The reversal at Christmas of the entire market became known in the last week of Dec and early Jan as every chart started showing it's V-shaped reversal
- Oil has been tracking the market generally pretty closely
- The first days of Jan showed all 3 of my indicators signalling an agressive buy.
- Jan 2nd price closedd above the Ichimoku blue conversion line - an agressive buy indicator
- The 20 MA of RSI(14) had already moved off it's bottom but the RSI(14) signal eased above the RSI itself - another early indicator
- the 5 MA of price was inching above the 10 MA
- This this was really good alignment of the three indicators...BUT I WASN"T WATCHING IT OR THINKING ABOUT IT IN THIS MANNER

Intuitivvely I knew that I had missed a signal.







The drop in the first week of Feb on the price of oil and GUSH paralled the markets drop.  In retrospect, if you look at the SPX daily chart above, the drop is cought and reversed at the 9-period blue conversion line on the Ichimoku.  I eventually looked more at the 30-min chart.  I didn't necessarily follow the steps below but I chased an entry once I saw what the chart was saying.  I still got in within a good buy zone.
 
- "A" on the chart was the first early signal pointing to a reversal of the downtrend - RSI(14) crossed definitively above the 20MA of RSI(14)
- "1" and "B" happend within a day of each other.  "1" - priced closed above the 9-period blue conversion line on the Ichimoku.  "B" - The 5 MA of price crossed aboe the 10 MA
- The first vertical line would have been a great point to buy (I wish), but...
- "2" is where the price candle closed above the 26-period red base line.  AND "3" is where the 9-period blue conversion line crossed above the 26- period red base line.
- Another go signal
- I knew on the 11th I wanted in the next day
- Then I saw the futures that night and crude was going to gap up the next day
- I still wanted in and ended up buying the first pull back of the day on the 12th
- I should have known it was likely that price would pull back to at least the 9-period blue line but I was anxious.  Price closed below my buy point on the 12th.
- According to Ichimoku, it wasn't until the 13th with another gap up and a candle close ("4") above the cloud that the best buy signal was given.  It could have been an opportunity to add to the position.
- Or when price pulled back to below the conversion line.

The Sell

I closed the trade on the 15th primarily because it hit a (fuzzzy in my mind) target of 10% or more AND I didn't want to hold over the 3 day weekend.
Simple, but much easire than where to buy!
 
PostSubject
#1402   The last line in the below update from No-Quarter 09/24/20 08:20:28 AM
#1401   I replicated the charts. Going to watch No-Quarter 09/24/20 07:50:48 AM
#1400   Its hard to tell, but I think NatGas No-Quarter 09/24/20 07:13:40 AM
#1399   I suspect next week will be the turn No-Quarter 09/23/20 06:52:12 AM
#1398   This mornings update confirms, GLTY - No-Quarter 09/22/20 08:16:59 AM
#1397   Really strange to see yesterday but it makes stiv 09/22/20 07:41:40 AM
#1396   Something to watch here - No-Quarter 09/21/20 11:04:52 PM
#1395   With any luck, today is the beginning of No-Quarter 09/21/20 10:48:09 AM
#1394   Thanks I have been truing to follow UNG Ferda 09/15/20 08:27:52 AM
#1393   Today's update FYI - No-Quarter 09/15/20 07:59:51 AM
#1392   I have been following this poster for a No-Quarter 09/11/20 08:30:27 AM
#1391   I pulled the trigger this morning and bought No-Quarter 09/10/20 09:48:20 AM
#1390   ...OR, is FNGU a better choice today than No-Quarter 09/09/20 01:16:42 PM
#1389   A most important portion of this mornings pre-market No-Quarter 09/09/20 12:28:53 PM
#1388   TQQQ chart looking close today. Just waiting No-Quarter 09/09/20 12:18:17 PM
#1387   Welcome, I have it on my watch list No-Quarter 09/08/20 08:19:07 PM
#1386   NRGU been getting slammed but best riser for OIL... dealerschool2006 09/08/20 03:51:40 PM
#1385   I am itching to pull the trigger and No-Quarter 09/08/20 12:46:42 PM
#1384   Monday premarket update. I added bold and No-Quarter 09/08/20 07:48:37 AM
#1383   I see something similar. I thought I stiv 09/05/20 11:52:02 AM
#1382   The simplest way to easily get at historical stiv 09/05/20 11:37:42 AM
#1381   I found an interesting segment beginning at 7:00 - No-Quarter 09/05/20 11:22:42 AM
#1380   After thinking about this some more, I realized No-Quarter 09/04/20 07:55:46 PM
#1379   I did send it to you in a No-Quarter 09/04/20 05:14:15 PM
#1378   I have a few. Always looking to No-Quarter 09/04/20 05:03:46 PM
#1377   I saw it...for a minute. I think stiv 09/04/20 04:47:05 PM
#1376   I posted a homework assignment for you earlier No-Quarter 09/04/20 04:17:30 PM
#1375   I am watching TQQQ closely for the apparent No-Quarter 09/04/20 01:22:01 PM
#1373   I have come to understand trading is a No-Quarter 09/04/20 08:25:24 AM
#1372   BIG THANKS any other "favorites"? Ferda 09/04/20 06:00:13 AM
#1371   This is just great. Thank you very stiv 09/03/20 07:32:44 AM
#1370   I added XLU to the bottom of my No-Quarter 09/03/20 12:34:58 AM
#1369   FYI, No-Quarter 09/02/20 06:02:35 PM
#1368   DUK pt II. I forgot this chart stiv 09/02/20 02:03:28 PM
#1367   Great chart! I would appreciate to know stiv 09/02/20 01:53:44 PM
#1365   I believe I replicated the chart. I No-Quarter 09/02/20 01:27:37 PM
#1364   I got back into BOIL early this morning No-Quarter 09/02/20 11:22:19 AM
#1363   ...and as painful as it has been for No-Quarter 09/02/20 09:07:39 AM
#1362   This seems to explain why BOIL did not No-Quarter 09/02/20 08:51:54 AM
#1361   Midwest furnaces ought to kick on next week stiv 09/01/20 06:58:26 PM
#1360   For some insight on VIX, start watching at 11:30 No-Quarter 09/01/20 06:35:21 PM
#1359   Well good. I'm happy for you. No-Quarter 09/01/20 06:30:03 PM
#1358   I've noticed the very same thing. At stiv 09/01/20 06:09:18 PM
#1357   Boil is frustrating me. Today $NatGas closed No-Quarter 09/01/20 05:58:15 PM
#1356   Yes I bought back in a few weeks Dr. Gwinis 09/01/20 05:53:30 PM
#1355   Hey G man, thanks for the heads up. No-Quarter 09/01/20 05:51:45 PM
#1354   look to the past. Up and running. Dr. Gwinis 09/01/20 10:52:51 AM
#1353   Good for you. Success with bios and No-Quarter 08/31/20 09:06:25 PM
#1352   Turnaround day for me. Down early with stiv 08/31/20 02:57:02 PM
#1351   BTW, I have reduced the number of mutual No-Quarter 08/31/20 09:17:40 AM
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