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lsutoomaha

Long UPRO on the weekly. Stop loss under $45

Long
ProShares UltraPro S&P 500 (AMEX:UPRO)  
lsutoomaha Updated   
AMEX:UPRO   ProShares UltraPro S&P 500
Chart Patterns UPRO S&P 500 (SPX500) SPX (S&P 500 Index)
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chartpattern upro spx500 spx
The SPX had tons of momentum before Corona Virus took ahold, which will have an effect on earnings for a few quarters. Look for the market to fully price in these concerns shortly and the rise should continue, especially quickly for this leveraged fund. Target $90
Comment:
Failed hard
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