Post the trade or you’re all full of shit like everybody else on TV.
Hit a partial position buy order yesterday on UPRO (just a leveraged SP500). Today was good confirmation. Several reasons to get long…3rd leg down daily, trading range failed breakout, high 2 at the bottom of the range, decent close on both futures and cash charts, inside day makes it I higher change of solid swing point…
This buy order was a 1:1 measured move short from last 2 weeks price action and around a 5% pull back from last swing high.
Need a good close tomorrow to see if I hold it.
Screw your TV. Price action is king.
