Tuesday, October 14, 2014

Trade Ideas: (Swing+) UPRO / FAS Long

That last move toward the lows in SPY and XLF got some nice, sharp positive divegrences going. I have a feeling these may be a little early so I'm not going in full size, but about 3/4 size in UPRO long (3x long SPX) and 1/2 size in FAS long (3x long Financials), that way I have some rom to add, but they looked very good on that last little dip toward intraday lows.

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