MattArmstrong

SH - (SPX Inverse ETF) - Watching

AMEX:SH   ProShares Short S&P500
This is now back at a Support level. I am keeping this on my radar...what is happening in the markets confuses me everyday...but here we are. This is an ETF that shorts the S&P500. Thusly, you buy it to "short"the market. Interesting instrument.

I am mentioning the level only, no confirming price action for me.

Not meant as a buy and hold forever ETF.

No leverage used in this ETF.
Trade active:
I am in this position (not huge) from yesterday.
Trade active:
Spicy day indeed. I added to this yesterday.
Trade active:
and here we are again...

I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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