WallStScalper
Long

Bowtie in SPXU on 10 min chart

AMEX:SPXU   PROSHARES ULTRAPRO SHORT S&P500
92 1 1
Can the price break the sar             (well has already) and stay at the 37.90ish handle for about a little hour ...maybe only 45 min (hard to predict exactly) then
we probably see a bowtie (moving average coiling) and a price continuation to the upside and not a bear flag into the close.
The same thing that happen at 3:20 when the red ma crossed the 2 other ma's
But price need to stay carme here so ma's can catch up.

Safe trading Ladies and Gents
Time will tell!

@BLawrenceM
These 2 ma's - the orange and purple - is the hurdle to overcome on the 5 min chart to get the bowtie
snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out