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	Comments on: Banking Sector, Stock Market, &#038; Crypto Analysis 3-14-23	</title>
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	<link>https://rightsideofthechart.com/banking-sector-stock-market-crypto-analysis-3-14-23/</link>
	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Wed, 15 Mar 2023 01:31:49 +0000</lastBuildDate>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/banking-sector-stock-market-crypto-analysis-3-14-23/#comment-26650</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Wed, 15 Mar 2023 01:31:49 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/banking-sector-stock-market-crypto-analysis-3-14-23/#comment-26648&quot;&gt;GCTrade&lt;/a&gt;.

I only cover the inverse &#038; leveraged ETF/ETNs very infrequently as there is a nearly infinite amount of leveraged, non-leveraged, &#038; inverse (incl. leveraged &#038; non-leveraged) proxies for trading most major indexes, sectors &#038; even many commodities. As such, my 20-40 min+ videos would go 3 hrs or more. Therefore, in the videos as well as the posts with chart screenshots for trade ideas, I use the most actively traded +1x (non-leveraged) ETFs such as SPY, QQQ, IWM, USO, UNG, VXX, etc.

Those wanting to use a leveraged or inverse ETF/ETN can take a few minutes to correlated the key support &#038; resistance levels or targets by aligning the &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.&#039;&gt;reaction&lt;/abbr&gt; highs &#038; lows. Just keep in mind that the leveraged ETFs, especially the 3x &#038; even more so the 2x or 3x that track very volatile underlying securities, such as nat gas or the $VIX, suffer from extreme decay over time &#038; as such, the charts become very distorted, painting a false history of the underlying if looking back much beyond the very recent past.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/banking-sector-stock-market-crypto-analysis-3-14-23/#comment-26648">GCTrade</a>.</p>
<p>I only cover the inverse &amp; leveraged ETF/ETNs very infrequently as there is a nearly infinite amount of leveraged, non-leveraged, &amp; inverse (incl. leveraged &amp; non-leveraged) proxies for trading most major indexes, sectors &amp; even many commodities. As such, my 20-40 min+ videos would go 3 hrs or more. Therefore, in the videos as well as the posts with chart screenshots for trade ideas, I use the most actively traded +1x (non-leveraged) ETFs such as SPY, QQQ, IWM, USO, UNG, VXX, etc.</p>
<p>Those wanting to use a leveraged or inverse ETF/ETN can take a few minutes to correlated the key support &amp; resistance levels or targets by aligning the <abbr class='c2c-text-hover' title='1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.'>reaction</abbr> highs &amp; lows. Just keep in mind that the leveraged ETFs, especially the 3x &amp; even more so the 2x or 3x that track very volatile underlying securities, such as nat gas or the $VIX, suffer from extreme decay over time &amp; as such, the charts become very distorted, painting a false history of the underlying if looking back much beyond the very recent past.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/banking-sector-stock-market-crypto-analysis-3-14-23/#comment-26649</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Wed, 15 Mar 2023 01:24:12 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/banking-sector-stock-market-crypto-analysis-3-14-23/#comment-26645&quot;&gt;Jspassar767&lt;/a&gt;.

Not yet but was just going over my commodities watchlist tonight &amp; WEAT/ZW is looking good with the divergences continuing to build &amp; the imminent cowing down of the Fed likely to spark the next leg up in the commodities bull soon.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/banking-sector-stock-market-crypto-analysis-3-14-23/#comment-26645">Jspassar767</a>.</p>
<p>Not yet but was just going over my commodities watchlist tonight &#038; WEAT/ZW is looking good with the divergences continuing to build &#038; the imminent cowing down of the Fed likely to spark the next leg up in the commodities bull soon.</p>
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		<title>
		By: GCTrade		</title>
		<link>https://rightsideofthechart.com/banking-sector-stock-market-crypto-analysis-3-14-23/#comment-26648</link>

		<dc:creator><![CDATA[GCTrade]]></dc:creator>
		<pubDate>Wed, 15 Mar 2023 00:05:28 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=210854#comment-26648</guid>

					<description><![CDATA[Randy, would you consider &lt;span&gt;covering the following ideas in upcoming videos?&lt;/span&gt; 1) Chart &lt;span&gt;setups and price targets for leveraged ETFs&lt;/span&gt; (i.e. &lt;span&gt;inverse index and sector &lt;/span&gt;SPXU, SQQQ, TZA, FAZ, SOXS, UDN, etc.) and 2) Potential weekly measured moves on the indexes. i.e. Do you see IWM, SPY, QQQ possibly forming weekly bear pennants? If so, what would be the measured moves? Thanks for your videos.]]></description>
			<content:encoded><![CDATA[<p>Randy, would you consider <span>covering the following ideas in upcoming videos?</span> 1) Chart <span>setups and price targets for leveraged ETFs</span> (i.e. <span>inverse index and sector </span>SPXU, SQQQ, TZA, FAZ, SOXS, UDN, etc.) and 2) Potential weekly measured moves on the indexes. i.e. Do you see IWM, SPY, QQQ possibly forming weekly bear pennants? If so, what would be the measured moves? Thanks for your videos.</p>
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		<title>
		By: JimG		</title>
		<link>https://rightsideofthechart.com/banking-sector-stock-market-crypto-analysis-3-14-23/#comment-26647</link>

		<dc:creator><![CDATA[JimG]]></dc:creator>
		<pubDate>Tue, 14 Mar 2023 21:40:51 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=210854#comment-26647</guid>

					<description><![CDATA[Right back up to Resistance...Thinking the vol may crush before a drop in the market.]]></description>
			<content:encoded><![CDATA[<p>Right back up to Resistance&#8230;Thinking the vol may crush before a drop in the market.</p>
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		<title>
		By: Jspassar767		</title>
		<link>https://rightsideofthechart.com/banking-sector-stock-market-crypto-analysis-3-14-23/#comment-26645</link>

		<dc:creator><![CDATA[Jspassar767]]></dc:creator>
		<pubDate>Tue, 14 Mar 2023 20:19:03 +0000</pubDate>
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					<description><![CDATA[Randy did you ever get back long on WEAT? Its back above 7 and cant help but think it was a false breakdown and should stay long. Or do i just sell and move on to something more attractive. Nice call on VIX btw. Looks like it has legs.]]></description>
			<content:encoded><![CDATA[<p>Randy did you ever get back long on WEAT? Its back above 7 and cant help but think it was a false breakdown and should stay long. Or do i just sell and move on to something more attractive. Nice call on VIX btw. Looks like it has legs.</p>
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