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leftygolf69
Nov 28, 2021 1:59 PM

SPXL Analysis Short

Direxion Daily S&P 500 Bull 3X SharesArca

Description

Went short on Wed as noted, we may or may not get a bounce this coming week, but if it clears the last RED bullish trend line we should be good to fill the gaps below and test the bottom support zone highlighted. Follow price, it tells the whole story. Not financial advice.

Comment

sold during the last 30 mins Wed, did not catch the bottom but nice return. STO a smaller position overnight when it retraced back to 125.00

Comment

Comment

keep following the red line between the ATR bands, stay short as long as it stays red on the 2hr,
Comments
SabahEquityResearch
Wonderful job, keep it up
leftygolf69
@CountLikeWallStreet, thanks, keep an eye on the only remaining bullish support line in red, may bounce off and continue higher. I'll be staying short until price tells me to change direction.
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