Special Time Cycle Swing Trade Report With Set-Ups, Strategies, Alerts, Charts, News. July 7, 2019.
Below are Swing Trade Set-Ups Currently On Watch; S&P 500 $SPY Volatility $VIX Gold $GLD Silver $SLV Bitcoin $BTC Oil $USO US Dollar $DXY.
Review this Twitter thread as I commented some on each model below;
Working models tonight… that week of Oct 21, 19 time cycle peak… theres an inflection wk of Aug 5, 19 (but not near the size), Oct 21 is massive. Remember one I told u bout in to last Dec 24? This one has fire power potential 2B 2x size $SPY $VIX $USO $CL_F $DXY #timecycles
Working models tonight… that week of Oct 21, 19 time cycle peak… theres an inflection wk of Aug 5, 19 (but not near the size), Oct 21 is massive. Remember one I told u bout in to last Dec 24? This one has fire power potential 2B 2x size $SPY $VIX $USO $CL_F $DXY #timecycles
— Curtis Melonopoly (@curtmelonopoly) July 7, 2019
SP500 (SPY) Following our upper price target trajectory scenario near perfect since last SPY report, watch thick red line res test $SPY $ES_F $SPXL $SPXS #SwingTrade #Daytrade
The resistance overhead is key, if trade runs through it you can expect that to be possible support for continued run in to upper price target. This structured model has been quite consistent and is proving to be a decent swing trading guide for positioning of size through a move.
In this specific instance, the peak in to week of Oct 21 is broad global markets, SPY specifically is Sept 9 – Oct 4, so its a little earlier for some reason. VIX is Oct 21 week though.
A strong economy and Fed rate cuts: The stock market wants to ‘have its cake and eat it, too’ https://on.mktw.net/2YAQZk8
SP500 (SPY) Following our upper price target trajectory scenario near perfect since last SPY report, watch thick red line res test $SPY $ES_F $SPXL $SPXS #SPY #SwingTrade #Daytrade
VIX The symmetry in previous time cycle peaks is amazing, watch Oct 21 2019 time cycle peak close. #volatility $VIX $TVIX $UVXY #swingtrading
Watch the first time cycle inflection in to Aug 5 week and then the large time cycle based on symmetry in to week of October 21, 2019.
ha one last note, its a wild card note, if $VIX got going it has a peak possible at 58.17 Oct 21, 2019 lol. Unlikely, but just saying, it has that in nitros available in the tank during that time frame, should a wild card scenario play out. #timecycles #volatility
Fed rate cut in question after June jobs report beat https://finance.yahoo.com/video/fed-rate-cut-june-jobs-183234715.html?.tsrc=rss
VIX The symmetry in previous time cycle peaks is amazing, watch Oct 21 2019 time cycle peak close. #volatility $VIX $TVIX $UVXY #swingtrading
GOLD If you’re swing trading Gold use patience and trade the channel (red lines) it’s very clean $XAUUSD #Gold $GLD $GC_F
Of course if you’re using it as a hedge or store of value completely different story, but timing your entries in to Gold is well done with that channel between red lines on Monthly chart below.
Gold has time cycles peaking weeks of Aug 1 2019 (small), Feb 3 2020 (moderate), Aug 3 2020 (peak – large cycle peak). That far out however, you have to check back as we get closer as the timing can shift (a few months out we can nail it down exact) #Gold $GLD $XAUUSD #timecycles
Is The Debt Crisis About To Be Reborn In 2020? https://finance.yahoo.com/news/debt-crisis-reborn-2020-081448073.html?soc_src=social-sh&soc_trk=tw
GOLD If you’re swing trading Gold use patience and trade the channel (red lines) it’s very clean $XAUUSD #Gold $GLD $GC_F
SILVER Weekly chart seems to imply a break sometime in advance of Mar 2020 up or down, that’s all I have for you. #swingtrade $SLV $USLV $DSLV #Silver
Silver Sees Largest Daily ETF Inflow In A Year: BMO https://www.kitco.com/news/2019-07-04/Gold-Silver-Precious-Metals-Daily-News-Briefs.html
SILVER Weekly chart seems to imply a break sometime in advance of Mar 2020 up or down, that’s all I have for you. #swingtrade $SLV $USLV $DSLV #Silver
BITCOIN (BTC) One way to swing trade it (there are others in our report) is to long at the bowl trajectory on pull backs $XBT_F $XBTUSD #Bitcoin #Chart
Using other chart models on our Bitcoin report there are other not so static ways to swing trade the Bitcoin move, however, testing longs anytime price returns to that bowl trajectory seems moderately reasonable.
Oh, and Bitcoin’s time cycle peak is week of Dec 17, 2019. $BTC #timecycles
US Dominates Bitcoin Twitter Discussion, Sentiment Towards Facebook’s Libra is Sinking — Report $FB $BTC #Libra https://www.cryptoglobe.com/latest/2019/07/us-dominates-bitcoin-twitter-discussion-sentiment-towards-facebook-s-libra-is-sinking-report/#.XSKfJRyeeik.twitter
BITCOIN (BTC) One way to swing trade it (there are others in our report) is to long at the bowl trajectory on pull backs $XBT_F $XBTUSD #Bitcoin #Chart
Crude Oil Weekly Chart is really interesting because 14 out of last 15 time cycles reversed (see previous report) Doing it again. #swingtrading
#Oil interesting because unlike recent time cycles where it was near same as market indices cycles (last Dec), it is off this cycle, Wk of Sept 23, 19 is an inflection with time cycle peak Jan 6, 20. Recent time cycle bottom June 10, 19 per our reports. #OOTT #timecycles $CL_F
Crude Oil Weekly Chart is really interesting because 14 out of last 15 time cycles reversed (see previous report) Doing it again. #swingtrading
US Dollar Index (DXY) Aug 5 2019 Mar 30 202 are the time cycles to watch, still trades around pivot $DXY $UUP #USD #swingtrading
https://www.tradingview.com/chart/DXY/21R9HcKO-US-Dollar-Index-DXY-Aug-5-2019-Mar-30-202-are-the-time-cycles/
Thanks
Curt
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Article Topics; Swing Trading, Set Ups, Strategies, Signals, SP500, $SPY, Volatility, $VIX, Gold, $GLD, Silver, $SLV, Bitcoin, $BTC, Oil, $USO, US Dollar, $DXY, time cycles
Trading Strategy Webinar Hosted Nov 28, 2018 with Trade Alerts and Charting
Audio starts at 3:58 on video.
Quick trade strategy review for crude oil, Bitcoin, SP500, Volatility and ARWR trades.
Short $DWT starter position 13.59 trading intra day 13.05 with price target 8.62. We will see how it goes. Trading 13.03 intra-day. Looking for a snap back trade to upside in crude to 50% of recent sell-off.
Daily chart resistance 52.15 area.
In overnight trade now oil is off trading 49.77 on USOIL WTI at 4:50 AM Eastern. The small bounce so far in overnight after the sell off was at trend-line support on the spigot chart our coders are using for legging in to trade sizing.
As for this starter position short $DWT, holding for now, it is a small position so far. Putin is supportive of Saudi Arabia and if there is a cut in production oil will turn up fast. I’m not marrying the trade either way.
Intra day you could short at top of quad area with 52.40 – .50 resistance.
8:25 Bitcoin BTC – we are looking for a turn in to Christmas being aware of the road bump in market time cycles that has a volatility time cycle (monthly) coming due Dec 5. On Bitcoin we are watching the trend-line chart resistance.
9:23 SP500 $SPY – looking for a possible long SPY in to Dec 20 time cycle peak, however, there is a smaller time cycle peak in VIX on Dec 5 we have to avoid, if that wasn’t there we’d already be long SPY. At this point we are watching.
10:43 Volatility $VIX $UVXY $TVIX We covered our volatility short. Went short TVIX 49.35 covered 50% 45.22 and the remaining at 43.28. Watching support near on VIX at 50 MA (20, 100, 200 also under price) and lower Bollinger bands. Will likely be long in to Dec 5 time VIX specific cycle and short thereafter in to Dec 20 SPY time cycle peak.
11:10 ARROWHEAD $ARWR Last number of days has seen a bounce off the 200 MA, we are monitoring our initial position long.
There is a swing trading report due out today.
Thursday Mid day I will review many swing trades (pending market conditions). We expect to enter most swing trades between now and Tuesday next week. End of day Friday and pre-market is typical for me.
Thanks.