BATS:TZA   Direxion Small Cap Bear 3X Shares
3
About to test the bottom of the descending wedge/broadening descending wedge. Usually on a third touch of a broadening wedge things reverse. I believe that we will Break out of this downward sloping wedge, and tag the 1.618 extension. Which happens to be at the top of this bearish channel. If for some unbelievable reason we fall through the floor on the IWM I put some reversal points on the chart.

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