cerealmarket

weekly distribution gain

Long
BATS:SPXL   Direxion Daily S&P 500 Bull 3X Shares
the daily market may top out again, but for now as long as we are above VAH consolidation levels the reversal trend may remain intact.

the ability of this market to recover fully is still very much in question, but for now the daily levels in major equities are reading a technical squeeze.

the daily trend could still retrace to VAH, and very well may sell off POC or 4hr value gap areas according to market structure.
Comment:
looks bearish again
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