I'm super bullish on technology esp Apple, Microsoft, Google , FB, Amazon, Nvda all are heavyweights in the spy etf and sp500 index.. So i'm electing to short the 3x bear etf on technology.
There is a bear flag on the 3x bear etf weekly chart. The cup/handle trapped those that were bullish on this etf. However, look at the triangle and how price action is teetering on the trend lines