Direxion Daily S&P 500 Bear 3X forum
SPXS Why is SPXS dropping and SPY is also dropping in premarket, usually they reflect opposite movement?
SPY buyers will keep accumulating to 508, Below there could sell of to LOD. Market Makers would fry all these buyers if they closed the GAP. Consolidating in 2 point range would not be unusual with a sell off EOD. Still have a bullish Bias. 
QQQ looks ready to sell, If this lower high on 
SPX holds that could put sellers in control but seems unlikely to 3:30. Charts resembling a H&S intraday but bulls have been giving everyone the horn lately that want to short. Manage your risk first. SPXS elongated bear flag at present price from high. Remember the CHOP is an accumulation pattern
ES1!SPY 50MA support looking weak. Bear flag no follow through... (Closing the gap would wipe out a lot of the break out traders.) Lunch time normally doesn't see too much volatility but not the case. QQQ leading with some volume. ES1! SPXS Looks like it is waiting for some volume to break support. Sour Power Hour could be good today. Will be waiting for a clear pattern in consolidated range off top. I have a bearish bias here. NOT trading advice. Manage your risk first.
SPY Pattern repeats, manage risk and let runners run. Moves will become shallow as volume falls off. 10:00 watching for volume push to next level. Expecting to visit the HOD again later and wash out the short sellers. If it closes the GAP it would be amazing. SPX SPXS $ES!! QQQ
SPY H&S executing causing pain not a volatile day until the end like yesterday. Still bullish for next week unless we sell off really hard. Watch yourself. SPXS ES1! QQQ still lagging. Have a great weekend. Enjoy the holiday. SPX
SPY Slow day, having to be very patient for these set ups. Very likely to visit LOD by end of Lunch session. (2:00) Mainly focusing on PUTS as sellers are in control this part of the session. Less risk at resistant TL . 3 point range if Market Makers decide to screw retail they will reverse to close the GAP. Not taking breakouts as weary of Bear traps. QQQ sellers leading. SPXS ES1! Focus on the set ups, boredom is the account killer! Manage your risk first.
SPY Sour Power Hour held the down trend looks like support could hold in the range. Nice volume. Daily bearish engulfing can put some sell pressure into the weekend. (WAG) Volatile enough for runners today. Early on was a scalpers paradise. Channel trading. QQQ showing mostly same price action today. SPX SPXS ES1! Protect your positions fast. Everyone still thinking the top is in? Manage your risk first.