MoneyPatterns
Long

SPXS - SPY Hedge Bullish - Shakeout Before Blastoff

AMEX:SPXS   DIREXION SHARES ETF TRUST DIREXION DAILY S&P 500 BEAR 3X USD DIS
Chart Details
Small pullback today.
Bullish EMA cross and Bullish 10Week Cross stacked up. Very close to crossing will confirm bullish trend .
Gap fills to $15/$16 conservative estimate.
Weekly trend confirms bullish trend . RSI on Weekly confirms pattern breakout.
Stop $12.50
Target $15

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Comments

Comment removed.
MoneyPatterns TYKANYEVRYCOOL
@TYKANYEVRYCOOL, Haven't I talked to you before bro?! Over 70 is overbought. Under 30 is oversold.
Or how do you see RSI being used???

I cannot tell from your zero charts/ideas how you would suggest to use it. Thanks :)
Reply
TYKANYEVRYCOOL MoneyPatterns
@MoneyPatterns, Loooool
Reply
TYKANYEVRYCOOL TYKANYEVRYCOOL
How's that worked out on all your other ideas?
Reply
Comment removed
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