AMEX:FAZ   Direxion Financial Bear 3X Shares
This is my long term swing trade
Daily not bad stoch up vol up, just short covering
Still more sellers than buyers
Weekly trying turn up some
I do believe banks will rally more , I just want a hedge
and I like it.
Support 23.43
Resistance is 27.55
It is a long term trade but does not mean I don't take some profits when their, along the way.
But I always stay in re- add when its is time

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