WallStScalper
Long

More than a hunk of meat to the bears

AMEX:SPXU   PROSHARES ULTRAPRO SHORT S&P500
151 1 1
If indeed the top is in - here is a bullish count for SPXU             - 3X SPX            

I see a wave 1 up in 5 waves and a wave 2 down yesterday. Today we see wave 1 of 3 and a possible wave 2 of 3 as a retrace.
A 3.168 ext of wave 1 will close the gap at 52.20- 52.59
Safe trading ladies and gents!
Wall St Scalper
What could confirm this count would be having a opening gap and go.
Reply
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