MoneyPatterns

SPXS – Bullish Breakout – Any Day Now…

Panjang
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AMEX:SPXS   Direxion Daily S&P 500 Bear 3X
Trade Entry
Anything at $12.80 or below is a great entry price as hedge.
I am putting some wishful orders in the $12.34 area and below just in case.

Chart Details
Banana pattern almost at end. I think the last Daily Bullish candle gave us a better contact point with $12.59 low.
The current downtrend without significant uptrend has occurred over 3 months. Overdue.
Gaps to fill up to $17.40.
Bullish EMA Cross and price crossing 10WeekMA will confirm uptrend.

About Me
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Website will be ready for launch mid-January 2020.
Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, MCD Bullish
Komen:
Repos Just Extended
1/15 thru 2/13/2020
www.newyorkfed.org/m...-operational-details

Guess we will keep doing the same thing, expecting a different result (print more money) - definition of insanity

And that China Trade Deal....details are NOT going to be released. Why???

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.