On shorter timelines there is upside, I hope. Backing out until I could see a clear pattern, on the daily timeline looks like we're on the start of leg C down after a nice 5 Wave up
A .236 retracement would have us bounce around $55.43
Sadly, I did my long term homework after the fact and missed the peak. Expecting to get SL'ed out and lose on a long UPRO position.
Pundits all shouting Bull, and I bit post election, but that's not what the trends show me. The numbers say S&P500 down for a bit (About 6% SPX/18% UPRO).
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
A .236 retracement would have us bounce around $55.43
Sadly, I did my long term homework after the fact and missed the peak. Expecting to get SL'ed out and lose on a long UPRO position.
Pundits all shouting Bull, and I bit post election, but that's not what the trends show me. The numbers say S&P500 down for a bit (About 6% SPX/18% UPRO).
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Nota
Stopped out today as it continued to fall. SPX/UPRO keep sucking me in only to spit me out. Nasdaq is my friend, S&P hates me.Nota
Missed so far. Went up slightly, and all technicals look good for continued movement up. I'm long, just watching for a market reversal that may not happen. 
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.