Leveraged Leaders
2.5K posts

Leveraged Leaders
@simple_setups
Simple trading technique with outsized returns. Wait for the setups to happen and then execute. Rinse / repeat. Not financial advice. Just my opinion.
Beigetreten Ağustos 2021
322 Folgt398 Follower

@paxtrader777 @ChicagoContrar1 This is what you say when you know the policies you enacted and defend actually get people killed - But you care more about the money your donors give you than the lives that get ruined because of those policies.
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@ChicagoContrar1 There is a lot of truly evil people in this world. This perpetual victim is 100% part of rhe problem. I do not understand the blindness of people. EVIL.
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@leadlagreport Dude.. you are becoming the new Inverse Cramer
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Hope you all banked $s with us
Leveraged Leaders@simple_setups
OIL can move sharply to $88.75 now
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@Mr_Derivatives Bounce back to the 50 dma and then lower we go again
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Despite everything the $QQQ and $SPY are still nowhere close to a sub 30 oversold Daily RSI.
The last time it happened was the April 2025 tariffs crash.
Historically the RSI touches 30 or lower at least 1-2 times a year on average.
We are a bit long on the tooth for a touchy touch. Just the tip baby.
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SILVER - Daily
Double Bottom ?
On Feb 5th we said SILVER was a buy. It rallied 36.9%
Here we are again and SILVER has another spike bottom in play
So far holding above the February 6th low
And right at the February 5th low
Longs safe again above $69.90
$silver $slv

Leveraged Leaders@simple_setups
SILVER - Daily If the metals bull market is still intact Then this is The Bottom ABC corrective move to the 61.8% Fibonacci Retrace With a Positive Divergence on the RSI (5) Near touch of a rising 100 DMA BUY $silver $slv $agq
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OIL - 2hour
On March 8th we posted a 20+ year OIL look back
Oil over $100 barrel is not common
And large quick spikes above tend to be short lived
Take a look at OIL now on the 2 hour
So far the $100.50 level is acting as resistance
Lower gaps at $88 and $68 remain
$oil $uso $sco $wticousd

Leveraged Leaders@simple_setups
OIL - Monthly Here is OIL going back to 2003 As you can see price is in rare territory Monthly RSI is now 90 You want to be long or short here ? $oil $sco $wticousd $brent
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@rbswingtrader Hey man. That's was a great call. Bullish % index down to 3% today so sentiment has completely reset for a wave 5 if the bull is still intact.
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just worked out as expected. $SLV
RBswingtrader@rbswingtrader
$SLV Subs knew , not to chase it.
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@CyclesFan Bullish % index just hit 3.7 % this morning .. going back 10 years only Sept 2022 had a slightly lower reading .. and now we are doing it above a rising 200 dma. The move out of the 2022 low was aggressive for miners as well
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GOLD MINERS
Bullish % index as per @StockCharts now hit 3.7 today
In the last 10 Years only Sept. of 2022 was slightly lower
Miners rallied aggressively out of that low
This time Miners are doing it above a rising 200 dma
$gdx $gold $silver $slv

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Regarding DXY it has been the preferred flight to safety. Just as the market topped in late January the big boys went to cash - can't trust treasuries in this environment.
Like we talked about last time- I'm expecting a nice bounce in SPY. I was concerned before because it hadn't touched the 200 dma but we are here now. Plus a day like today gets retail panicking again.
The 5 prior occurrences averaged 10% in 15 or so trading days. All were obviously very positive as the many months past. All the big moving averages are very positive - even if The Top is in for metals - they are due for a vert nice bounce.
Also think it's time to short energy for a bit - XLE has a date with the 20 dma over the next few weeks
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Six occurrences since 2016 is a tiny sample, but the setup makes sense directionally. When you get that kind of forced selling into extreme fear . $GLD down 3.4% while F&G sits at 444.74 . you're watching margin-driven liquidation, not fundamental repricing.
The thing I'd add: watch $DXY here. Dollar at 100 is the pressure valve on gold. If that rolls over even slightly, the $GDX bounce you're describing gets turbocharged because you get the positioning unwind AND the macro tailwind at the same time. $SPY/$TLT correlation flipped positive at 86.95 . stocks and bonds selling together. That's a liquidation regime, not a directional one. When that normalizes, gold catches a bid first.
What's your typical holding period on those prior six instances?
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Gold down 2% on a day when Fear and Greed reads 18.
Let that register. The "safe haven" is getting liquidated during extreme fear.
That's not a risk-off move. That's a margin call.
$GLD selling while the dollar rips higher and oil squeezes tells you exactly one thing. Funds are raising cash. Not expressing a view. Meeting obligations.
Same fingerprint as the initial March 2020 crash phase. Correlations hit 1. Everything gets sold. Only the dollar and supply-constrained commodities survive.
I think $SPY loses 655 before this week is out. The forced selling doesn't stop at oversold readings. It stops when the margin calls are met.
Want the single best tell for when it's safe to buy the dip? Watch gold. When it starts going up on red days again, the liquidation phase is over. Until then, every bounce is a trap.
Is gold your canary too, or am I reading this wrong?
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GOLD MINERS
Since 2016 there have only been 6 occurrence of:
GDX falling more than 20% with a daily RSI under 13
and a Bullish % index under 20
Oct 2016 saw a 14% rally in 19 trading days
Aug 2018 saw a 7% rally in 7 days
Mar 2020 saw a 17% rally in 8 days
Oct 2021 saw a 17% rally in 17 days
Sept 2022 saw a 11% rally in 6 days
And Now - GL
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GOLD MINERS
The Bullish % Index from @StockCharts is now at 18 for GOLD MINERS
Since 2016 here are the forward results after the first move into 18 area
Oct 2016 +15%
July 2017 +20%
Aug 2018 +28%
Mar 2020 +135%
Oct 2021 +19%
July 2022 +23%
Sept 2023 +19%
Feb 2024 +44%
$gdx $hui $nugt

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