December 26, 2018

S&P 500 ETF AND ULTRA S&P 500 ETF: AFTER HISTORIC 1000 DOW POINT MOVE, PRUDENT TO TAKE PARTIAL PROFITS ON THIS TRADE $SPY $SSO

S&P ETF AND ULTRA S&P 500 ETF: AFTER HISTORIC 1000 DOW POINT MOVE, PRUDENT TO TAKE PARTIAL PROFITS $SPY $SSO

This post was just published on ZYX Buy Change Alert. 

The signals to buy S&P 500 ETF (SPY) and  ULTRA S&P 500 ETF (SSO) were given on Christmas Eve.  If you were correctly following the ZYX Method, most of your accumulation would have been close to the lows.  One trading day later, there has been a historic over 1000 point up move in DJIA.  It is simply prudent to take partial profits here. SPY is trading at $246.09 as of this writing.  SSO is trading at $89.88 as of this writing.  There is a 65% probability of the rally continuing. 

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A NEW IDEA TO BUY LEVERAGED S&P 500 ETF $SPY $SSO

A NEW IDEA TO BUY LEVERAGED S&P 500 ETF $SPY $SSO

This post was  published on ZYX Buy Change Alert.

S&P 500 ETF (SPY) is an ETF that mirrors S&P 500.  This is a short term trade and not an investment suitable only for aggressive experienced investors who can afford the risk.

At The Arora Report we advocate diversifying by time frame.  This way if trades do not work out in one time frame they tend to work out in a different time frame.  Please see Trade Management Guidelines for more details.

The buy zone is $230 to $241.50. It is trading at $239.40 in the pre-market as of this writing. … Please click here or the title below to read more.

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