DUG

[TheChartGuru]

I have been trading ETF's in this volatile with very good success. They are pretty predictable. When one goes up, the inverse ETF goes down. Just watch for the reversal and switch. For example, UYG has done well the last few days, now it is SKF's turn. DIG was up, now DUG should bounce from over sold. DUG's R2 is at $31.92 and R1 is at $31.02. These should be good support lines for DUG. Currently DUG is at $32.57 pre open. The 60 minute MACD is now just heading up. This tells me DUG should have a really good bounce. I'm looking for a 20-30% bounce in the next 2-3 days.

The Guru

[Tex1836]

Chartguru,
I have found success doing the same with ETFs, in addition to MACD I keep a close eye on daily RSI - buying south of 30, selling north of 60. Below is a list of ETF's I typed up recently with ticker symbols and their respective inverses for anyone interested. With so many ETFs these days, the ability to quickly view this list has improved my trading, hopefully it can help others as well:

ETF Trading List
Ticker
Action
Inverse
Indicies & large cap:
S&P 500
SSO
2x S&P 500
SDS
SPY
1x S&P 500
SH
Dow
DDM
2x Dow
DXD
DIA
1x Dow
DOG
Nasdaq
QLD
2x Nasdaq 100
QID
QQQQ
1x Nasdaq 100
PSQ
Russel 1000
BGU
3x Rusell 1000
BGZ
IWB
1x Russell 1000
Small & Mid Cap:
S&P Midcap
MVV
2x S&P Midcap
MZZ
MDY
1x S&P Midcap
MYY
Russell 2000
TNA
3x Russell 2000
TZA
UWM
2x Russell 2000
TWM
IWM
1x Russell 2000
RWM
S&P Small Cap
SAA
2x S&P Small Cap 600
SDD
IJR
1x S&P Small Cap 600
SBB
Sectors:
Energy
ERX
3x Russell 1000 energy
ERY
DIG
2x Dow US oil & gas
DUG
IEO
1x Dow US oil & gas
DDG
Real Estate
URE
2x Dow real estate
SRS
IRY
1x Dow real estate
Financials
FAS
3x Russell 1000 financials
FAZ
UYG
2x Dow financials
SKF
IYF
1x Dow financials
SEF
TECH
ROM
2x Dow technology
REW
IYW
1x Dow technology
Consumer Goods
UGE
2x Dow consumer goods
SZK
IYK
1x Dow consumer goods
Consumer Services
UCC
2x Dow consumer services
SCC
IYC
1x Dow consumer services
Materials
UYM
2x Dow materials
SMN
XLB
1x S&P materials
International:
China
FXI
1x Xinhua 25
FXP (-2x)
Japan
EWJ
1x MSCI Japan
EWV (-2x)
Developed Markets
EFA
1x MSCI EAFE
EFZ
2x MSCI EAFE
EFU
Emerging Markets
EEM
1x MSCI emerging markets
EUM
2x MSCI emerging markets
EEV

[TheChartGuru]

Chartguru,
I have found success doing the same with ETFs, in addition to MACD I keep a close eye on daily RSI - buying south of 30, selling north of 60. Below is a list of ETF's I typed up recently with ticker symbols and their respective inverses for anyone interested. With so many ETFs these days, the ability to quickly view this list has improved my trading, hopefully it can help others as well:

ETF Trading List
Ticker
Action
Inverse
Indicies & large cap:
S&P 500
SSO
2x S&P 500
SDS
SPY
1x S&P 500
SH
Dow
DDM
2x Dow
DXD
DIA
1x Dow
DOG
Nasdaq
QLD
2x Nasdaq 100
QID
QQQQ
1x Nasdaq 100
PSQ
Russel 1000
BGU
3x Rusell 1000
BGZ
IWB
1x Russell 1000
Small & Mid Cap:
S&P Midcap
MVV
2x S&P Midcap
MZZ
MDY
1x S&P Midcap
MYY
Russell 2000
TNA
3x Russell 2000
TZA
UWM
2x Russell 2000
TWM
IWM
1x Russell 2000
RWM
S&P Small Cap
SAA
2x S&P Small Cap 600
SDD
IJR
1x S&P Small Cap 600
SBB
Sectors:
Energy
ERX
3x Russell 1000 energy
ERY
DIG
2x Dow US oil & gas
DUG
IEO
1x Dow US oil & gas
DDG
Real Estate
URE
2x Dow real estate
SRS
IRY
1x Dow real estate
Financials
FAS
3x Russell 1000 financials
FAZ
UYG
2x Dow financials
SKF
IYF
1x Dow financials
SEF
TECH
ROM
2x Dow technology
REW
IYW
1x Dow technology
Consumer Goods
UGE
2x Dow consumer goods
SZK
IYK
1x Dow consumer goods
Consumer Services
UCC
2x Dow consumer services
SCC
IYC
1x Dow consumer services
Materials
UYM
2x Dow materials
SMN
XLB
1x S&P materials
International:
China
FXI
1x Xinhua 25
FXP (-2x)
Japan
EWJ
1x MSCI Japan
EWV (-2x)
Developed Markets
EFA
1x MSCI EAFE
EFZ
2x MSCI EAFE
EFU
Emerging Markets
EEM
1x MSCI emerging markets
EUM
2x MSCI emerging markets
EEV




Good work. Thank you.
I'm primarily trading UYG/SKF, QQQQ/QLD/QID, DIG/DUG
I also like to add some stocks from these sectors on my watchlist to confirm the trend. Today SKF, QID and DUG are doing very well.

The Guru

[TheChartGuru]

DUG is approaching my 78.6% intraday retracement line. It appears DUG has the momentum to really explode when it crosses it. I don't think DUG will break above the 78.6 today with only 15 minutes left in the trading day. I think will take off tomorrow.

The Guru

[Tex1836]

previous list didn't copy and paste correctly, see attached for ETF list

[Gordo]

Shweet list Tex1836. I didn't see your SS# on there.:mrgreen:

Thanks for sharing the list.