Golden Cross forming on HIBS Chart - approximately July 1

Direxion Daily S&P 500 High Beta Bear 3X Shares (AMEX:HIBS)

Updated

AMEX:HIBS Direxion Daily S&P 500 High Beta Bear 3X Shares

Trend Analysis Harmonic Patterns Chart Patterns

trendanalysis harmonicpatterns chartpattern

Can't make this stuff up. This is fractals and math and I'm just guessing. The 50- and 200-day Exponential Moving Averages are about to cross approximately July 1. It's called the Golden Cross.

This is a chart of the

HIBS

Comment:

Updated prediction is that the cross on July 1 or 2 triggers the spike which will be at its worst around August 9 or 10 (sometime that week)

Comment:

aaaaand still looking for a bottom. Fail.

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