john12

Staying long SPXL @102.00

Long
AMEX:SPXL   Direxion Daily S&P 500 Bull 3X Shares
Ok lets break this down very simple
I am long only off the daily stoch see bottom turned up
and the capitulation candle. I see this rallying into the 100 day 127 or the 50 day 131.50 spy be 455 - 460 area to fail then possibly shrt and SPY UNDER 50 AND 100 DAY MA
Look weekly stoch heading down so its considered still a down trend
Trade closed: target reached: Took rest of long
Know short
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