bear flag on the weekly chart of 3x technology bear etf
I'm super bullish on technology esp Apple, Microsoft, Google , FB, Amazon, Nvda all are heavyweights in the spy etf and sp500 index.. So i'm electing to short the 3x bear etf on technology.
There is a bear flag on the 3x bear etf weekly chart. The cup/handle trapped those that were bullish on this etf. However, look at the triangle and how price action is teetering on the trend lines
There is a bear flag on the 3x bear etf weekly chart. The cup/handle trapped those that were bullish on this etf. However, look at the triangle and how price action is teetering on the trend lines
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possible 21.50 target