ETF Strategy Flashcards
To remind Neal of what's most important
1
Q
What is the SMIT at 2pm for new purchases?
A
A red CCS close to 2pm, indicating bid stripping. Buy a small half sliver, then the rest at 5am ATC! It looks like for SOXL always rising above its EMA, the best time to buy is post bid strippers. Remember, most of the gain is in the morning before noon.
2
Q
When should you start a BDH?
A
When a NOC forms for SOXL. SOXS gave off a false signal, so be careful with that one.
3
Q
What is the average gain for BP1 starting a BDH?
A
Looks like approximately +12%.
4
Q
What seems to be the average NOC’s for a BDH series?
A
Looks like 3-4 NOC’s. However, CCS’s with a large bottom wick could be interpreted as bullish. Be keen to check the Z.7 layout (multiple views).
