MoneyPatterns

SPXS - SPY Hedge Bullish - Shakeout Before Blastoff

Long
AMEX:SPXS   Direxion Daily S&P 500 Bear 3X
Chart Details
Small pullback today.
Bullish EMA cross and Bullish 10Week Cross stacked up. Very close to crossing will confirm bullish trend.
Gap fills to $15/$16 conservative estimate.
Weekly trend confirms bullish trend. RSI on Weekly confirms pattern breakout.
Stop $12.50
Target $15

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