Replies to post #1862 on ETFs, Leveraged ETFs, Sector Funds

[No-Quarter]

I bailed out a few minutes ago. The 8EMA is approaching the 13MA, and the MACD3 is crossing under the zero line. Time to get out!

The Matrix is suggesting I move into ICX, but I don't like the looks of that chart. Way too erratic (Keltner channel too tall) for me to want to ride that horse today, so I went to USDT (cash) for now.

I captured 9% on QTUM and 3% on DOT today. I'm calling it +12%. Not a bad day. I will look again for an entry point on a different horse than ICX in the morning.

GLTY

[No-Quarter]

I looked again before I turned in for the day and saw OMG presenting an entry point, so I bought in.

The entry point being the M65 rising, Green 8EMA above the Blue 13MA, and the MACD 3 and 5 above the zero line and rising.

In the time between when I bought and when I created the below chart, it was up nearly 1%!

We will see what the morning brings to me.

GLTY

[No-Quarter]

Nope, overnight OMG lost ~2.5% for me. Ouch. OMG M65 is now flat, the green EMA 8 crossed under blue MA13, and MACD 3 crossed under the zero line. All this means, time to bail out.

The Matrix is again pointing to ICX now, but the ICX M65 is flat, so another reason for me to not go there.

The individual BTC chart has both the M65 and the 8/13/21 ribbon turning positive, but I am hesitant to go there... 'cause it's altcoin season, right?

So, I moved back into USDT this morning licking my wounds...

GLTY