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RizeSenpai
Sep 6, 2023 12:59 PM

SDOW: Bullish Dragon and Deep Cypher with PPO Confirmation Long

UltraPro Short Dow30Arca

Description

The 3x Inverse ETF of the Dow Jones Industrial Average has formed a Bullish Dragon and has broken free from it at the PCZ of a Bullish Deep Cypher with a Bullish PPO Confirmation Circle. If things go as one would expect, then we will see this ETF pump up to at least the 61.8% Retrace, but given how Bearish so many of the Heaviest Weighted Holdings in the Dow look right now like:
,
,
,
, and
, I now think we may even go as high as the 88.6% Retrace.
Comments
andrewau2014
Is it possible for SDOW to reach 20000?
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