Erictaylor

SPXS 3xbear spx short

Long
AMEX:SPXS   Direxion Daily S&P 500 Bear 3X
This thing has been in a downtrend for some time. It goes the opposite way of the SPX . It’s starting to look healthy, weekly Td9 green flash just occurred. I would get into some March 2021 calls asap for
5-6$ Price is at 4.21 now could hit 4.15 tomrorow wirh a low of 4.07 but I would be getting in whenever you feel comfortable. A lot of money to be made and calls are cheap!! Just my opinion, SPX is getting bearish on long timeframes.

Comments

This was UP Mar 20 with the lockdowns Now, with renewed lockdowns, do you see this again spiking to Mar 20 levels Mar 21 or sooner?
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