mxer474
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Possible low risk short

AMEX:SPXU   PROSHARES ULTRAPRO SHORT S&P500
23 0 0
Seeing as the S&P             has been constantly hitting support this may be a good oppritunity to short the SPXU             with a low risk SL at resistance area somewhere around 42.19. TP i will further update depending on market momentum tomarrow. In anycase we may have a small short gap but VOL and momentum will determine my TP . Lets see what happens. Remember always use proper risk management. i only day trade ETFs due to the high risk involved with keeping trades open long term.
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