mikestoneusc

SPXS declining wedge coming to an end: breakout incoming!

Long
AMEX:SPXS   Direxion Daily S&P 500 Bear 3X
SPXS declining wedge pattern coming to ahead in the next few trading days. Watch for a daily close breakout and load up on your SPXS longs. RSI screaming oversold. VIX starting to show uptrend meaning impending volatility. Hold on to your pants.
Comment:
Price broke out of the descending channel just as I predicted. Lets see if it follows the Sept/Oct 2018 fractal.
Comment:
BOOM!
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