LABD , Day trader ( took the day off so I get to play )

AMEX:LABD   Direxion Daily S&P Biotech Bear 3X Shares
LABD is good for redder days , especially since LABU and LABD are both trading in ranges , can switch between them .

Long LABD 19.89 going to be in and out of this for the day , maybe switch to LABU if trend reverses . New to this strategy , giving it a shot.
Also actually trading on 2-5 min time frame , personal preference .

In 19.89
Stop 19.48

Comment: sold half at 20.08 , potential reversal setting up
Comment: Want to mention , right around the time I sold half I noticed a volume anomaly , hard to translate except on 1 min tf , small low spread down candle and huge volume bar ( likely buying)
Comment: sold rest at 20.12, all out for now +1.3% overall
Comment: watching LABU now .. want to see it take 60.93 to take a countertrend position on 5 min tf, maybe , right now volumes look accumulative and nicer than LABD


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