DIREXION SHARES ETF TRUST DIREXION DAILY S&P 500 BULL 3X SHARES

AMEX

SPXL

SPX

Doubtful that this is one large Bullish pennant. More likely it has broken into a descending channel.

Potential Continuation upward until reaching the supply zone.

should find a push up into Feb - Mar 2019, than recede significantly. Let's see if it hits my target boxes.

Just an idea. Interesting patterns in the RSI

Chart depicts SPXL but applies to SP500, e.g., SPX, SPY, etc.

So after 3 days of losses in a row I was timid on a trade. I was fully confident it would work out. Lets be real; We are in a downtrend. I made my plan, checked it twice and just didn't take the trade. Missed out on a big one! +16%

SPXL

Just having fun watching the indexes

EXPERIMENTAL FAN HELP GREEN =GOOD YELLOW=NEUTRAL RED=BAD

SPXL.

Experimental strategy based on breakout RSI's support and resistance lines.

The trade idea for today is an ETF with ticker symbol SPXL that trades the S&P 500 3x, it is a leverage S&P 500 a 3x version of SPY. It can be compared to SPY. This is a straight bullish trade; Entry is at $48 Stop is at $46 Target is at $55 The risk reward is a ratio of 7:2, which is a great reward risk ratio. You can trade options for December 2018 in...

Bull flag vs RSI correction RSI suggests market correection for tomorrow and next week camdlesticks based on oct 03,09,117 situations. Purple vertical lines shows historic path itself. Bull Flag Background: 12 d 5h for -16.23% down Stick: 20h for +8% up Flag: 1d 6h +3.39% up However, there is a huge resistance at 45 price level, so we can expectate another...

pullbacks are buyable

Blue buy candle. RSI has been in oversold.

S&P is losing strength and after a soon bull retrace of about 15% or less, the bears will retake control. RSI is now contained and needs to reach 30.

We are at a market crossroads testing 200 DMA support across a number of big names that makes up the SPX. I'm long here with a stop loss and the stop loss will be more than just this short term SPXL trade... Long Short term - will decide longer term depending on bounce (or not)