Cuzinhass

UDOW might be good to start a position soon

AMEX:UDOW   ProShares UltraPro Dow30
Hello All,

For now i am short the the DOW. The market looks kinda bearish but this market is still in the control for the bulls.
The last time we hit the 200day SMA was in November 2020. We are right at the 200 day sma and i believe we will hit this trend again before we lift off. Look for an opportunity to go long.

if we break this trend and break the the big supports we go down to 56.