ProShares UltraPro Dow 30 (UDOW)

Huh !.....My goodness...
It sure is something alright.
Thanks.

Updated chart. I thought it be faster. Looks like something similiar will play out

Wo.....That is quite a (decent) chart
Plus it is pretty much on schedule too ?
7,500 summer ?
How / where did you find it or did y'draw it yerself ?

Quarterly chart. All other bullsheet aside...why are so many calling tops. Favorite cheifism over the years = Fear will rise with price. Most lines thus far have been tested from below, then above. Previous highs have been support. Pullback would be supportive at 6150. Make sense to test 7500, reset to 6150, then moon it.

Good to see Mr Bingo counts turn bullish. Check out SPY board - two of biggest bears calling for crash...meh..i miss darkpool...

More busted bearish counts. ES was going to 6100, Sox to 5200, UPRO to 87...well see but few make it to the top of K2 as his mentor would say.
And hes spent years studying EW....

(SATIRE) Another Bingo! LOL Straight to my head... Never a wammy to be found. Won't mention those as my analysis has no timeline

Confirmation

Long term cycles. You see why da cheif talks about K2. "Everyone sees what they are trained to see..Tom Hougaard" Watching 1hr/4hr 33ma. Price needs to trade above those for longs to have a chance.
[url=https://postimg.cc/Z0wFMFMQ][/url]

Big picture

Overbought is trending but it shouldn't be in your trading vocabulary.

Bullish but will be some tradeable volatility. Not normal for ES rollover to not trade back on the chart. Markets still in their infancy...my monthly SPX wall chart has 6700 by 2026

Sentiment Votes

Bullish Neutral Bearish
5/17/2023 22.9% 37.4% 39.7%

One could argue the DOW is breaking out. I'm wrong often but..

If your any bit contrarian, food for thought.

https://www.aaii.com/sentimentsurvey

Bullish Neutral Bearish
20.9% 30.2% 48.9% 3/22/2023
19.2% 32.4% 48.4% 3/15/2023

Looking bottomy. Possible that 3885-65 trades but this morning fulfils some chart issues. We see..always use stops people!

UDOW to $0? 1929-like Market Panic. Get Out!!!

Bull flag on es monthly, that will act as springboard eventually. Wednesday will be volitile. Would like to see slight uptick in bulls on naiim survey.

Looked like a big inventory grab to start opex. Full moon coming. Perfect for a rally.... sentiment awful. Soxl. Udow, urty positions...to name few

More sentiment. Loving those bear funds

Line still holding. Past cycles painting a low. Sentiment right. Don't think 325 gets tagged first but can't rule it out.

Line still holding on a closing basis. Sentiment is....

Not a good few weeks if your bullish, got this one wrong. Got stopped on some, holding and added more at close. Still an uptrend in log land...big volume at bottoms not tops.


Why I added at the close. Your right or your out.


Can't save my chart at TD...this is all I could export

Quarterly SPX Update

If you stare at it long enough you turn into a bubble boy...a 95-2000 type run isn't out of the question...will take a nice reset then a huge push

Some cycles suggesting January is IT top, mine suggests march...we see

$160 :)

Bond money into stocks. Good reset for next rip.

Short term tops come and go, but cycles tell the long term story. Bullish on America

Must be a Top. Never [/url]

Do see old bulls around...not to many old bears

lol now mitch says "no deal" lol

well got the tweet.. GO BIG trump says..

Better off staying a bull...

Better off staying a bull...

from today till the 12th watch out...
both directions big moves

three time ceiling fail, not looking good

buying it up

Great day today. Should be a strong day tomorrow and strong close.

Nice! Glad your not one of those bears.

Dow do for a breakout Friday started it off
big week ahead

Dow is on fire

in many cases so true. I hold DIA heavy use udow intraday to enhance for now anyway

this is the place to be short term DIA works good too

All the money is made holding overnight...have to have a stop...holding soxl from 55 and 100...can't get those returns daytrading

Here it is
https://www.marketwatch.com/story/a-bullish-golden-cross-is-forming-in-the-dow-industrials-11596740412?mod=hp_LATEST

kaboom

markets booming into the close. Dow due to have a very big day soon too

The leveraged etfs are great for trading multiple times daily in a tax free account

moving now. remember these triple leverage are best for only a day trade. better to hold other etfs that are not leveraged

the spx and nasdaq triple leverage etf's having a big day again. Udow is coming around soon

The Nasdaq did a golden cross not long ago we all know its been moving big. The SPX just recently did its golden cross and its performing strong. The leveraged ETF for both have exploded forward. I have to believe the Dow will do the same and cross in the weeks ahead . With more stimulus coming especially. UDOW will be great to trade with a bullish tone to the trading