AMEX:DRIP   Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
Please see attached similarities between RSI and market movements in early 2013 IPO of Facebook $FB, and early market movements of $DRIP. I see long term weakness in S&P500, till mid 2019 at least. Oil is going lower too.

I can see $30 $DRIP by mid-January, and $68 $DRIP by March to June. But this could go back to IPO too, but that will take much longer, (5-10 years).

Could be wrong, invest at your own risk. I'm just some guy on the internet.
تم فتح الصفقة:
تعليق:
Trade still active. Aproaching $16 resistance, possible minor correction here, next target ~$19.
تم فتح الصفقة:
We are approaching my TP of 19, broke through $16 with a little resistance as expected. I expect the graph to meet great resistance at 19-22 range.
تعليق:
Consolidating for next rise to ~$33 Fibonacci level. We could hit this in the next two weeks, no later than February 1st.

Please see my VIX chart for further details:

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.