SDOW trade ideas
SDOW breaching this wedge soonLooks like a huge descending wedge, seems like they're going to continue to push the Dow higher, but I personally don't see much more room to run past 28500. I like the 3X weighting on this position for a short play to hedge against any downturn. I do believe we may head to higher highs and push this market through Q1, but I'm not confident we can keep it afloat much longer. I also like SDS against the S&P
Longing the Inverse DOW - Bearish on Stock MarketLast week, I was targeting a short on the DOW. The setup still looks valid, so it's time for entry. It's my first time making a stock trade, so I'm just going to use Robinhood and purchase the inverse DOW index (SDOW).
I see some very strong bullish diverge on the weekly chart. Even smaller timeframes look to be coming to an end of their downtrend in the near-term. This is the lowest low we've had, so it's going to be a strong support. If we break through it, I'm very comfortable taking a 7-8% loss. But the long-term upside is 20% conservatively. The R:R is too good to ignore. I've entered the trade and will add to position when price begins ticking up on the daily.
Entry: 13.56
Conservative Target: 16.20
Aggressive Target: 20.42
Stop-Loss: 12.48
R:R: 2.44
When All The Chip's Come Tumbling DownIf you are of the opinion, that this 2019 stock market rally
may be slightly extended,or perhaps even a bubble in the making
you have a simply way to significantly capitalize on that opinion.
Inverse ETF's offer a trader a ridiculously simple way to get into
the market on the short side, and then simply wait..patiently,. for the downside" event" to unfold.
The market is giving you the opportunity right now to short the Dow Jones Industrial Average
with SDOW, Pro Shares Ultra Short Dow ETF, paying only 13.75 a share to enter, based on 2/19/19 Close.
Position size is important, so look at your charts, and scale into the trade accordingly.
When all the chips come tumbling down, as you know they will, when no one's expecting,
don't fathom any regret , over this opportunity the market is "giving" you right now.
SDOW Last 13.75
THE_UNWIND
2/20/19
NEW YORK
Dow Bears 1D done hibernating?Here is a Daily for SDOW (inverse dow shares)
Basic chart with long term support and Trend based fib extension meeting on or near current price levels with falling sell volume.
I also see the Nasdaq being at or near a falling wedge pattern trend line.. will update.
Good luck and safe trading .
SDOW Highly Lucrative +Easy Way to Short The Dow SDOW, Pro Shares 3 X Short Dow ETF was UP
over 6 %, in one day on Dec.17,2018, on a 2 % Decline
in the Dow Industrial Average
Rather than buying options, or shorting Dow Futures
buying SDOW ETF can easily turn your opinion on the DOW,
into a very lucrative payday in just a matter of hours.
And with almost 10 Millions shares traded on Dec.17,
institutional liquidity is completely given to you in SDOW,
during regular market trading hours.
A traders hint for you.
Any kind of Dow rally around the Fed meeting tomorrow,
and a pullback in SDOW back to the 18 level,
would be as they say, a " Screaming " Buy.
If you believe as I do, that the DOW has both Significant+Immediate Downside Risk
then use SDOW to capture gains, that only true short sellers can get.
SDOW Last 19.08 Up 6.3 %
THE_UNWIND
12/18/18
NEW YORK
Entry for SDOWOk here is a potentially nice entry with a liberal stop loss for SDOW and yes were going for the big bucks on this one. Take profits liberally throughout and move up your stop loss overtime.
Whenever the market rebounds a bit, this will come down pretty hard so we need to lock those profits in on the way up.
This will be a fun one. Ill be swing trading this a lot. Stay safe.