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Strategies & Market Trends : Volatile Times and Short Term Position Trading 3x ETFs. -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (1457)	11/16/2020 12:33:16 AM
From: Doug R	Read Replies (1) \| Respond to 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.