Here is a comparison chart of the S&P large cap inverse shares.
Looking very similar to Dow with even longer standing uptrend that is currently testing a bounce.
Check out RSI levels compared to last time at this level and what price action followed.
Again I will be hedging this short term *week or less while picking up shares in the index at a fair price....
Here is a Daily for SDOW (inverse dow shares)
Basic chart with long term support and Trend based fib extension meeting on or near current price levels with falling sell volume.
I also see the Nasdaq being at or near a falling wedge pattern trend line.. will update.
Good luck and safe trading .
I have been bullish on AAPL holding shares since just before Xmas at ~$146; TP @$155 was reached about a week ago. However, in the last few weeks concerning the trade tensions and debate with Qualcomm it has been a wait and see strategy.
At this time I am strongly considering a bearish Option Credit Spread and will update with specific strike prices. It is worth...
4h chart wedge pattern needs to hold support on the $30.50 level.
A breakout to the upside would be likely within the next 20 hours as most wedges are broken at or near 80% of the endpoint.
Currently volume and price action is moving against this prediction; if we break below $30 I will be completely reevaluating my trades on cryptos.
Best of luck to everyone;...