Premium Sell Area

Anything above the 1920 price level, the 1920 to 1980 area on the S&P,  is a premium place to buy inverse ETF’s like SPXU.  Keep in mind this is a macro  call based on a combination of fundamentals and chart interpretation.  All the computer models other than the day trade model remain long and bullish.

Leave a Reply

Your email address will not be published. Required fields are marked *

14 − twelve =