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Last Post: 5/20/2019 7:50:04 PM - Followers: 4 - 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 ETF's and Leveraged ETF



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/201905/etf-flows-report-for-05-17-2019-xly-xlp-kxi-tfflowreport05172019.htm/



ETF Heat Maps
May 17th, 2019 Daily





May 17th, 2019 Weekly




May 17th, 2019 Monthly




May 17th, 2019 YTD




Relative Rotation Graph S&P SPDR's 5/17/19 


 

SPX 500 Daily 5/17/19

No easy way down




SPX 500 Weekly 5/10/19

Beaten back




SPX 500 Monthly 5/10/19

Double top?





The Ichimoku Kinkou Hyo Cloud Indicator

Ichimoku = “One look, glance”.

Kinkou = “Balance, equilibrium”.

Hyo = “Chart, Graph.


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






Metals & Energy
5/17/19










The Cloud - Favorite Plays





















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!
 
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PostSubject
#696   REMX nice jump on big volume. Got stiv 05/20/19 07:50:03 PM
#695   Hmmm...very interesting. I hadn't heard of this...and stiv 05/18/19 12:13:21 PM
#694   Here is another way to display the !ASETRYMXX No-Quarter 05/16/19 11:53:52 AM
#693   I found something interesting recently. A money No-Quarter 05/16/19 11:35:07 AM
#692   I did go to cash in my 401k No-Quarter 05/14/19 10:12:44 PM
#691   Good for you. A gain is a gain. No-Quarter 05/14/19 10:11:10 PM
#690   Out of UGAZ this morning for net 3% stiv 05/14/19 11:37:31 AM
#689   I should have gone to cash in my No-Quarter 05/13/19 11:19:03 PM
#688   Healthcare seems to be very erratic lately and No-Quarter 05/13/19 10:58:58 AM
#687   ETF's with most upside to analyst targets stiv 05/12/19 12:13:07 PM
#686   TVIX what could have been stiv 05/12/19 11:57:22 AM
#685   Ideas for this week stiv 05/12/19 11:29:11 AM
#684   Not a bad week. GUSH found a stiv 05/12/19 11:19:15 AM
#683   I thought my bone head move would be No-Quarter 05/09/19 10:03:47 AM
#682   Ughhhh....sold last week stiv 05/07/19 01:56:19 PM
#681   TVIX closed last Fri at ~19.5. Just No-Quarter 05/07/19 01:46:16 PM
#680   Trump and new China tariffs - if you No-Quarter 05/07/19 09:18:44 AM
#679   GUSH got crushed and I got flushed. stiv 05/04/19 12:21:10 PM
#678   I didn't get the chart posted correctly in No-Quarter 05/01/19 06:42:42 PM
#677   Ha, I did the same thing near the No-Quarter 05/01/19 06:21:46 PM
#676   In UGAZ at $25.75 stiv 05/01/19 12:47:01 PM
#675   I found this an interesting read with a No-Quarter 04/30/19 06:12:05 PM
#674   I am going to hold on to TVIX stiv 04/30/19 10:12:15 AM
#673   With the good economic numbers Friday - No-Quarter 04/29/19 11:25:51 PM
#672   GUSH test chart from Trading View stiv 04/29/19 06:31:51 AM
#671   Big day for bio/health on Friday. Note stiv 04/28/19 03:24:16 PM
#670   Playing with time in the oil patch...GUSH stiv 04/28/19 11:32:15 AM
#669   I should mention the order you place the No-Quarter 04/22/19 09:51:52 AM
#668   In light of my current TVIX position, I No-Quarter 04/22/19 09:35:42 AM
#667   From The Fat Pitch stiv 04/22/19 07:38:29 AM
#666   A couple of others stiv 04/21/19 11:39:29 PM
#665   Taking a look at your approach... stiv 04/21/19 11:23:03 PM
#664   Oil...futures taking off tonight...sitting on GUSH waiting for stiv 04/21/19 11:04:36 PM
#663   Excellent! The profitability of patience. Glad stiv 04/20/19 12:06:15 PM
#662   I sold 1/2 my DGAZ holdings yesterday @ No-Quarter 04/19/19 01:43:37 PM
#661   My couch cushions didn't produce much, so I No-Quarter 04/18/19 01:11:09 PM
#660   If I were a smart guy, I would No-Quarter 04/18/19 10:41:09 AM
#659   I am still stinging from my loss in No-Quarter 04/17/19 10:29:29 PM
#658   Good for you. No-Quarter 04/17/19 10:27:21 PM
#657   Got in to TVIX earlier this morning...2X Vix. stiv 04/17/19 12:06:54 PM
#656   Sold today for just under 20% gain and stiv 04/17/19 10:55:41 AM
#655   Nice update this morning stiv 04/17/19 06:50:37 AM
#654   In DGAZ @ 93 a few weeks back. No-Quarter 04/16/19 10:10:11 PM
#653   I haven't caught up this week but it stiv 04/16/19 09:22:02 PM
#652   I'm liking this news letter. Thank you No-Quarter 04/16/19 04:39:04 PM
#651   Thank you for the PM. Very helpful. No-Quarter 04/11/19 11:58:19 AM
#650   Great trade! I haven't been following closely. stiv 03/31/19 08:25:52 PM
#649   I bought into DGAZ big ~2 weeks ago No-Quarter 03/27/19 10:05:59 AM
#648   Ride that wave! No-Quarter 03/21/19 09:24:32 PM
#647   GUSH on the move and a break above stiv 03/21/19 07:51:44 PM
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