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ShartChartist

VTI/UPRO Long

Long
ProShares UltraPro S&P 500 (AMEX:UPRO)  
ShartChartist Updated   
AMEX:UPRO   ProShares UltraPro S&P 500
Trend Analysis Support and Resistance Oscillators VTI SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) UPRO
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trendanalysis supportandresistance oscillator vti spy spx upro
Seems as good a time as any to jump in again, but maybe it'll drop more.

Price is near bottom 2 STD on our linear regression that started March last year (coefficient of over .95!)

Also worth noticing: there seems to be divergence with price bottoms compared to the MACD indicator.

snapshot
Comment:
My OTOCO trade was exited due to improper settings.

I was able to re-enter at 126 which will cover any extra transaction costs. However I am trading on unsettled cash, meaning any exit before cash settles will result in a good faith violation.

I will not be using my SL or target until cash settles.

Here is my trade with updated entry:

snapshot
Comment:
Expected a quicker return to the mean. Indecision is clear, will probably have partial exit at 128.5 due to price consolidating more than expected.

Would have done so already but I am still waiting for cash to settle.
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