RE: US Stocks Breakouts & Breakdowns - SP500, NYSE, & Nasdaq Stock Charts
(2020-05-06, 03:28 PM)shaunattwood Wrote: MACD on Dow INDU finally doing a bearish crossover, indicating rally might be over, a leveraged short can be had by going long SPXU @ $15.75
I think the Dow won't go much higher than 24,000 short term, but downside is 7-10,000 points
What is your take on hedging? I'm currently long a few technology shares and I'm considering covering my position with a position in SPXU.
All the best,
@marcushaugaard
- Marcus Haugaard
"The Tape Tells All" - Stan Weinstein
"The Tape Tells All" - Stan Weinstein