Bounce / Trading Positions

I was going to cover several different assets each in their own post, but they're all moving so fast I need to put them in one post.

These all look good for at least a leveraged long position and they may in fact be position for a much wider move.

Here are some examples:

 FAS (3x long Financials- I already have a trading position opened here).

XLK or the Tech sector, TECL is a 3x leveraged long ETF for TECH.

AMZN, although it looks pretty good for a bounce, I'd rather look at bounces in AMZN as potential shorting opportunities rather than playing it on the long side for short duration long trades.

Goldman (GS) looks like it has a good bounce in it.

URRE on a longer term is looking really strong on this 30 min chart, I don't want any kind of leverage , just URRE long.

The SPY 5 min is now seeing positives, so positions like UPRO (3x leveraged long SPY) might be an option if you prefer to stay away from options.

 ES/SPX Futures intraday 1 min is looking much better, the 5 min chart has held up all day.

ES 5 min, as seen last night we had the signals for pullback/consolidation Friday at the red arrow, late yesterday the start of a turn around since Friday's signal, that lasted through the night and today the signal has stayed in a positive divegrence.

I looked at the weekly performance of the Core Equity positions (almost all shorts) and they are still running around  7 Times better relative performance than the market, as ween below on the weekly performance...

That's #17 of 1018 competing portfolios with an 11.36% gain for the week vs the SPX's 1.71% loss, remember since most of the core positions are short, the portfolio should be green with the market losing ground on the week.

I think I have enough short term long positions to hedge any draw down in the core shorts, but I may add to the short duration long positions if I have room, if the signal is really attractive and feel it's not excessive risk.