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Direxion Daily S&P 500 Bear 3XDirexion Daily S&P 500 Bear 3XDirexion Daily S&P 500 Bear 3X

Direxion Daily S&P 500 Bear 3X

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SPXS trade ideas

" Bank " Robbery In Plain SiteSubtleties in market interpretation are the essence of long term successful analysis in the stock market. When most (the crowd) are seeing the same thing, often there is something else going on at the same time if you just look a little deeper. In this illustration, I am using SPXS, Direxion's Triple Short S+P 500 ETF. The chart shows the massive rollover top, 8 straight weeks in the making since the S+P bottomed in late December 2018 at 2346 My thesis here in that SPXS has spent the last 8 successive weeks, returning to the base uptrend line,shown here in green on the chart. I have also included the "Know Sure Thing" Indicator, a revealing glimpse indicator which shows SPXS on a very recent Buy Signal on the 4 Hour Chart, all the while price in SPXS continued to decline, with the recent S+P rise to 2775 When one combines price action, with a chosen revealing indicator, and then uses trader's instincts to initiate action, the resulting trade can present opportunity to catch a much larger move in the market, before the crowd even recognizes it. Based on the above illustration, I am looking for a price high in the S+P 500 very shortly and will use SPXS Triple Short ETF to capitalize on this opportunity Simply put, the crowd right now is looking somewhere else,and looking the other way. Like a bank robbery where the thieves plant the bomb on the other side of town as "the distraction", the vault will soon be easily opened, and the cash extracted,.. with no one looking. SPXS 22.39 Last THE_UNWIND 2/18/19 NEW YORK
AMEX:SPXSLong
by The_Unwind
12
How to SHORT S+P 500 SPXS Direxion's 3X Bear ETFBesides being a Contributing writer on tradingview.com, I am also a Trader for almost 40 years, so I have benefited from both time, and experience in the market. When I want to SHORT the S+P 500, I use Direxion's SPXS, 3 X SHORT S+P 500 ETF The ADVANTAGE here is LEVERAGE, 3 X the PROFIT POTENTIAL for simply knowing TREND, and taking ADVANTAGE of it every day. SPXS has institutional liquidity, very tight bid ask/spreads, PLUS. it can be traded from 4 AM EST to 8 PM EST Monday thru Friday Right now, SPXS,. is forming a Bullish Cup and Handle Pattern on the Chart, revealing the potential for yet another move down in the S+P 500, soon. Of Note: This is the first in a series of articles that I will be doing here on tradigview.com discussing various leveraged 3 X ETF's, that you as a trader/reader might use yourself, to take advantage of OPPORTUNITY and capture the maximum gain, in your real life trading every day. I hope you all have a Happy Thanksgiving, with family and friends. And thank you, fellow traders, and followers for being part of this with me and supporting my work, and my commentary. It is sincerely appreciated. THE_UNWIND 11/21/18 200 PM NEW YORK
AMEX:SPXSLong
by The_Unwind
19