SPXU is a 3x leveraged short SP-500 ETF. This will bring it up to about 3/4s of a full size position from half.
This is basically used as broad market exposure or market directional.
Intraday today, a strong leading positive divegrence.
Also intraday 3 min strong leading positive divegrence
The mid term timeframes are there like this 15 min leading positive
And the long term timeframes are there, 30 min leading positive
60 min leading positive and I didn't do a great graphics job, but I'd says that's one heck of a large reversal process.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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