AMEX:SPXU PROSHARES ULTRAPRO SHORT S&P500
Seeing as the S&P has been constantly hitting support this may be a good oppritunity to short the SPXU with a low risk SL at somewhere around 42.19. TP i will further update depending on market momentum tomarrow. In anycase we may have a small short gap but VOL and momentum will determine my TP . Lets see what happens. Remember always use proper risk management. i only day trade ETFs due to the high risk involved with keeping trades open long term.