WARNING! SP500 TO CRUMBLE

Short

Direxion Daily S&P 500 Bull 2X Shares (AMEX:SPUU)

Updated

AMEX:SPUU Direxion Daily S&P 500 Bull 2X Shares

Trend Analysis

trendanalysis

Top could still blow off even more (bull trap) but I think the top is in.

Comment:

TSLA already dumped... a few more of the heavily weighted companies would have to tank too for price to reach that lower trend line again.

Comment:

Here is a link to my most recent SPY idea

SPY v SPY

Comment:

I was foolish for using a leveraged ETF as a proxy for an index.

Comment:

snapshot

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