Volatile Times and Short Term Position Trading 3x ETFs. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Volatile Times and Short Term Position Trading 3x ETFs.

SPXU 47.82

-2.9%

Dec 24 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Doug R who wrote (1457)	11/16/2020 12:33:16 AM
From: Doug R	Read Replies (1) of 4366

With a short term upside target in place and near at hand, the question becomes one of risk now. The greatest risk would be a last minute rush to the target line as it reaches 3625 followed by a reversal that starts breaking under the lines below. Several scenarios exist. Failure, today, to reach the target or the target line and a base set for a later assault....or a failure to reach followed by continuous "sagging" back below the lines underneath. Up here...the risk/reward continuum slips to the risk side of neutral.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next