Following the research results of today's (FTD), one of the greatest achievements of the late legendary Mr. O'Neal, its principle roughly revolves around the supply and demand relationship, using SPX Index trading volume and price to provide valuable feedback information for determination; since SPX was established in 1957, its backtest success rate is about 75%, and careful observation will reveal that most of its failures occur during major bear markets, with most gains of 2% or even 3% during periods of high volatility maintained by VIX; this provides later traders with a sufficiently high platform to stand on....
In the past two years, there have been three groups related to today, with a success rate of 100%, namely:
21/10/2022，06/01/2023，16/03/2023
02/11/2023，14/11/2023
As well as the recent dates of 13/08/2024 and 19/09/2024.
The above three instances with the current group have a valid period of approximately 4-8 months, and the final wave ends with a rapid climb above the 20-day moving average within 1-2 months.
Since August 13th, nearby to today:
SPY +10.48%
QQQ +13.34%
Double etf
SSO increased by 18.12%.
QLD increased by 23.16%.
Triple ETF
UPRO increased by 25.94%.
TQQQ +33.67%
These are all around FTD's huge advantages in ETF trading, and also my Trade in the market...
In the past two years, there have been three groups related to today, with a success rate of 100%, namely:
21/10/2022，06/01/2023，16/03/2023
02/11/2023，14/11/2023
As well as the recent dates of 13/08/2024 and 19/09/2024.
The above three instances with the current group have a valid period of approximately 4-8 months, and the final wave ends with a rapid climb above the 20-day moving average within 1-2 months.
Since August 13th, nearby to today:
SPY +10.48%
QQQ +13.34%
Double etf
SSO increased by 18.12%.
QLD increased by 23.16%.
Triple ETF
UPRO increased by 25.94%.
TQQQ +33.67%
These are all around FTD's huge advantages in ETF trading, and also my Trade in the market...
Translated
+2
5
2
Last week review 👉🏻Market Review + Hold Positions (16/12-20/12 2024)
Market behavior this week:
$NASDAQ 100 Index (.NDX.US)$ and $S&P 500 Index (.SPX.US)$ Distributed on Thursday and Friday;
$Russell 2000 Index (.RUT.US)$ Accumulate on Thursday and distribute on Friday.
RUT
NDX
SPX.
Seasonal Christmas holiday week, overall market trading volume is very low, it needs to wait until at least January 6th after the new year to gradually recover.
Weekly Charts:
Currently, all indices are still maintaining an upward trend.
Breadth:
There is not much change this week.
Weekly Notes:
Currently, the RS grades of all names traded within the system remain unchanged.
Market Sentiment:
AAII Call sentiment continues to cool down, with no counter-market sentiment behavior on Thursday and Friday, MM should have all gone to rest;
The fear index is still in the fear Range, with only the Options branch being greedy.
Current positions held:
Among them: kodk, gme, upst were mentioned yesterday.
$ProShares Ultra Bitcoin ETF (BITU.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ $ProShares UltraPro S&P500 ETF (UPRO.US)$ $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Trading BTC and HONGLIETF in the market, short...
Market behavior this week:
$NASDAQ 100 Index (.NDX.US)$ and $S&P 500 Index (.SPX.US)$ Distributed on Thursday and Friday;
$Russell 2000 Index (.RUT.US)$ Accumulate on Thursday and distribute on Friday.
RUT
NDX
SPX.
Seasonal Christmas holiday week, overall market trading volume is very low, it needs to wait until at least January 6th after the new year to gradually recover.
Weekly Charts:
Currently, all indices are still maintaining an upward trend.
Breadth:
There is not much change this week.
Weekly Notes:
Currently, the RS grades of all names traded within the system remain unchanged.
Market Sentiment:
AAII Call sentiment continues to cool down, with no counter-market sentiment behavior on Thursday and Friday, MM should have all gone to rest;
The fear index is still in the fear Range, with only the Options branch being greedy.
Current positions held:
Among them: kodk, gme, upst were mentioned yesterday.
$ProShares Ultra Bitcoin ETF (BITU.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ $ProShares UltraPro S&P500 ETF (UPRO.US)$ $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Trading BTC and HONGLIETF in the market, short...
Translated
+19
14
Liquidation:
$IREN Ltd (IREN.US)$ (-0.223%) Fell below the stop loss and exited on Monday, the account incurred a loss of 0.223%.
$Vital Farms (VITL.US)$ (-0.31%) Fell below the stop loss and exited on Thursday, the account incurred a loss of 0.31%.
$Carvana (CVNA.US)$ On Friday, falling below the stop loss and exiting the account with a loss of 0.198%.
$GeneDx Holdings (WGS.US)$ Formation of a triple contraction (0.3%, -0.324%), with the 50MA finding support. Risked buying into the breakthrough of the tight range by 0.3% account on Thursday. Oscillated out of the account by falling below the stop loss on Friday, resulting in a loss of 0.324%.
Additional:
$GameStop (GME.US)$ Bought on Wednesday through the breakout of a large consolidation range (0.3%), currently no progress, Account risk 0.3%.
$Eastman Kodak (KODK.US)$ Bought on Tuesday above the 20MA in the flag consolidation area, breaking through the low volatility candle, currently no progress, Account risk 0.3%.
$Upstart (UPST.US)$ Bought it back near the downside trendlines on Monday (0.2%), currently no progress, using 0.2% account risk due to it not being a regular Buy.
The above is all the trades for this week.
The last week of the year and the first week of the new year belong to Stocks...
$IREN Ltd (IREN.US)$ (-0.223%) Fell below the stop loss and exited on Monday, the account incurred a loss of 0.223%.
$Vital Farms (VITL.US)$ (-0.31%) Fell below the stop loss and exited on Thursday, the account incurred a loss of 0.31%.
$Carvana (CVNA.US)$ On Friday, falling below the stop loss and exiting the account with a loss of 0.198%.
$GeneDx Holdings (WGS.US)$ Formation of a triple contraction (0.3%, -0.324%), with the 50MA finding support. Risked buying into the breakthrough of the tight range by 0.3% account on Thursday. Oscillated out of the account by falling below the stop loss on Friday, resulting in a loss of 0.324%.
Additional:
$GameStop (GME.US)$ Bought on Wednesday through the breakout of a large consolidation range (0.3%), currently no progress, Account risk 0.3%.
$Eastman Kodak (KODK.US)$ Bought on Tuesday above the 20MA in the flag consolidation area, breaking through the low volatility candle, currently no progress, Account risk 0.3%.
$Upstart (UPST.US)$ Bought it back near the downside trendlines on Monday (0.2%), currently no progress, using 0.2% account risk due to it not being a regular Buy.
The above is all the trades for this week.
The last week of the year and the first week of the new year belong to Stocks...
Translated
+5
2
sTone83
commented on
$8VI Holdings Ltd (8VI.AU)$ There is no match for Adam Khoo. He is the king of value investing. Ken Chee Bai is no match for Adam Khoo !
Once again, Ken Ni Nah Buay CCB !
Once again, Ken Ni Nah Buay CCB !
10
Recently began organizing the names of settlements completed in the fourth quarter, in preparation for the quarterly summary of the fourth quarter, and discovered 3 interesting trades:
$SoundHound AI (SOUN.US)$ Sell out when there are too many instances above the upper trendline...
$TheRealReal (REAL.US)$ $NextNav (NN.US)$ Both were sold out when approaching 10X ATR and exceeding 50-day moving average as final sell signals...
Although these 3 trades have shown good profits in terms of results (100%+, 50%+, 50%+), in practice, it has been proven that sell indicators such as observing indicators along the upper trendlines and using the ATR multiple extension relative to the 50MA appear weak in the face of truly strong names...
"No one is smarter than the 10/20MA" - Qullamagie
Respect to Qullamagie once again 🫡
Merry Christmas 🎄🎅🎁
$SoundHound AI (SOUN.US)$ Sell out when there are too many instances above the upper trendline...
$TheRealReal (REAL.US)$ $NextNav (NN.US)$ Both were sold out when approaching 10X ATR and exceeding 50-day moving average as final sell signals...
Although these 3 trades have shown good profits in terms of results (100%+, 50%+, 50%+), in practice, it has been proven that sell indicators such as observing indicators along the upper trendlines and using the ATR multiple extension relative to the 50MA appear weak in the face of truly strong names...
"No one is smarter than the 10/20MA" - Qullamagie
Respect to Qullamagie once again 🫡
Merry Christmas 🎄🎅🎁
Translated
+1
19
1
Last week review 👉🏻Market review + Hold Positions (09/12-13/12 2024)
Market behavior this week:
$NASDAQ 100 Index (.NDX.US)$ and $S&P 500 Index (.SPX.US)$ Subscribe on Mondays and withdraw on Fridays, distribute on Wednesdays.
$Russell 2000 Index (.RUT.US)$ Subscribe on Mondays and withdraw on Fridays, distribute on Tuesdays and Wednesdays.
ndx > spx > rut.
SPX and RUT have almost completely given back all the profits from the Trump campaign rally; NDX remains relatively resilient at this stage; NDX is still above the 50MA, closing near the 20MA on Friday, SPX barely closing above the 50MA, RUT returning to the chip accumulation zone before VCP; detailed preparation for the possibilities in both directions is still needed at this stage, uncertainty always accompanies the norm; the next two weeks are expected to have relatively dry trading volumes seasonally, perfect for in-depth chart work for the future, and proper relaxation of mind and body, personally will also enter vacation mode on an island.
Weekly Charts:
NDX remains above the 10MA, SPX closed near the 10MA, RUT temporarily successfully tested the 30MA; the uptrend is still intact.
Breadth:
From December 9th to December 19th, there was a massacre of breadth for 9 consecutive trading days. It is worth noting that the positive readings on the 18th and 19th were the two lowest values in the second half of the year, and the negative reading on the 19th was the lowest since the second half of the year...
Market behavior this week:
$NASDAQ 100 Index (.NDX.US)$ and $S&P 500 Index (.SPX.US)$ Subscribe on Mondays and withdraw on Fridays, distribute on Wednesdays.
$Russell 2000 Index (.RUT.US)$ Subscribe on Mondays and withdraw on Fridays, distribute on Tuesdays and Wednesdays.
ndx > spx > rut.
SPX and RUT have almost completely given back all the profits from the Trump campaign rally; NDX remains relatively resilient at this stage; NDX is still above the 50MA, closing near the 20MA on Friday, SPX barely closing above the 50MA, RUT returning to the chip accumulation zone before VCP; detailed preparation for the possibilities in both directions is still needed at this stage, uncertainty always accompanies the norm; the next two weeks are expected to have relatively dry trading volumes seasonally, perfect for in-depth chart work for the future, and proper relaxation of mind and body, personally will also enter vacation mode on an island.
Weekly Charts:
NDX remains above the 10MA, SPX closed near the 10MA, RUT temporarily successfully tested the 30MA; the uptrend is still intact.
Breadth:
From December 9th to December 19th, there was a massacre of breadth for 9 consecutive trading days. It is worth noting that the positive readings on the 18th and 19th were the two lowest values in the second half of the year, and the negative reading on the 19th was the lowest since the second half of the year...
Translated
+19
20
Liquidation:
$PSQ Holdings (PSQH.US)$ After opening on Monday, the stop loss was tightened to break even, and the stop loss was triggered that day, resulting in a 0.046% loss in the account.
$MicroStrategy (MSTR.US)$ Achieving profits exceeding three times the stop loss on Monday, selling 1/3 of the position, and dropping below the original buy-in price on Tuesday, the remaining 2/3 of the position broke even and exited, resulting in a profit of 0.47% in the account.
$Coinbase (COIN.US)$ Dropped by -0.201% on Tuesday, breaking through the tightened stop loss to exit the account with a loss of 0.201%.
$Upstart (UPST.US)$ Dropped by +3.225% on Wednesday, breaking through the tightened stop loss, selling half of the remaining position, the account is profitable by 3.225%, considering buying back at low risk in the short term based on the chart structure.
$Roku Inc (ROKU.US)$ Bought into the breakout of the dry congestion area on Wednesday, stopped out on the same day, account loss of 0.298%.
$Bakkt Holdings (BKKT.US)$ After the profit exceeded three times the stop loss on Monday, I sold one-third of the previously mistakenly bought position and one-third of the original position, and tightened the stop loss to Monday's low point. On Wednesday, I broke the stop loss and sold the remaining two-thirds of the position, with an account profit of 0.789%.
$Affirm Holdings (AFRM.US)$ （+0.935%）...
$PSQ Holdings (PSQH.US)$ After opening on Monday, the stop loss was tightened to break even, and the stop loss was triggered that day, resulting in a 0.046% loss in the account.
$MicroStrategy (MSTR.US)$ Achieving profits exceeding three times the stop loss on Monday, selling 1/3 of the position, and dropping below the original buy-in price on Tuesday, the remaining 2/3 of the position broke even and exited, resulting in a profit of 0.47% in the account.
$Coinbase (COIN.US)$ Dropped by -0.201% on Tuesday, breaking through the tightened stop loss to exit the account with a loss of 0.201%.
$Upstart (UPST.US)$ Dropped by +3.225% on Wednesday, breaking through the tightened stop loss, selling half of the remaining position, the account is profitable by 3.225%, considering buying back at low risk in the short term based on the chart structure.
$Roku Inc (ROKU.US)$ Bought into the breakout of the dry congestion area on Wednesday, stopped out on the same day, account loss of 0.298%.
$Bakkt Holdings (BKKT.US)$ After the profit exceeded three times the stop loss on Monday, I sold one-third of the previously mistakenly bought position and one-third of the original position, and tightened the stop loss to Monday's low point. On Wednesday, I broke the stop loss and sold the remaining two-thirds of the position, with an account profit of 0.789%.
$Affirm Holdings (AFRM.US)$ （+0.935%）...
Translated
+13
19
Dealing with losses (excerpt from Chapter 16 of 'Disciplined Trader', Step 2):
If you can quickly understand and fully accept it, then you are lucky;
If not, there is another way: after experiencing enough pain, completely change yourself, and then fully accept it.
If you can quickly understand and fully accept it, then you are lucky;
If not, there is another way: after experiencing enough pain, completely change yourself, and then fully accept it.
Translated
6
I have to admit, this is a powerful feature that greatly saves time in searching for Stocks, significantly improving the efficiency of chart research.
These are search criteria that have been adjusted and improved multiple times (divided into 22 days, 44 days, 66 days, and 132 days), almost all of the market big winners come from this criteria search tool (mainly flag settings), and you can also make appropriate modifications according to personal preferences.
ATR needs to be observed separately after entering the name, it can then eliminate some names with insufficient average true range (it is recommended to be at least >3.5%, ideally >5%, you need to roughly calculate based on the numbers yourself).
It is important to note the setting of daily average trading volume: the daily average trading volume needs to be at least 30 times greater than your total capital, preferably over 50 times (Qullamegie's suggestion);
When the individual search list names exceed 60, you can adjust the search criteria accordingly based on personal circumstances.
(Christmas gift in advance for swing traders 🎁🎄)
"Good trading means observing patiently. Observe the market with a calm, objective curiosity and wait patiently for it to reveal itself naturally. There is no need to rush."
These are search criteria that have been adjusted and improved multiple times (divided into 22 days, 44 days, 66 days, and 132 days), almost all of the market big winners come from this criteria search tool (mainly flag settings), and you can also make appropriate modifications according to personal preferences.
ATR needs to be observed separately after entering the name, it can then eliminate some names with insufficient average true range (it is recommended to be at least >3.5%, ideally >5%, you need to roughly calculate based on the numbers yourself).
It is important to note the setting of daily average trading volume: the daily average trading volume needs to be at least 30 times greater than your total capital, preferably over 50 times (Qullamegie's suggestion);
When the individual search list names exceed 60, you can adjust the search criteria accordingly based on personal circumstances.
(Christmas gift in advance for swing traders 🎁🎄)
"Good trading means observing patiently. Observe the market with a calm, objective curiosity and wait patiently for it to reveal itself naturally. There is no need to rush."
Translated
+2
10
900%+YTD returns to 460%YTD;
Smart traders learn from their own mistakes,
Even smarter traders learn from others' mistakes;
Believe that in the future, he will profit in the market with a smoother rate of return 📖📖📖
Smart traders learn from their own mistakes,
Even smarter traders learn from others' mistakes;
Believe that in the future, he will profit in the market with a smoother rate of return 📖📖📖
Translated
2
![[empty]](https://static.moomoo.com/node_futunn_nnq/assets/images/folder.5c37692712.png)
![[error]](https://static.moomoo.com/node_futunn_nnq/assets/images/no-network.991ae8055c.png)
![[loading]](data:image/svg+xml;base64,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)