ProfitHarvest

[SPXL x SPX] Bearish Diverg: BULLS Not Putting Money to MOUTH!

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AMEX:SPXL   Direxion Daily S&P 500 Bull 3X Shares
Just look at this massively oversold market.

At 3x leverage the Bulls have entirely chickened out of the market to an astonishing degree.

One of the best data points I've found for the dead cat bounce case.

While SPX was setting ATHs, SPXL was setting dramatically LHs.

Finally found the ideal market to long SPX with UVXY profits when the time is right B).

Data analyst with a passion for best fit lines B)
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