So we move into buying at the bottom of the down trend and then selling the bounce when the S&P hits the 50 sma that Blue line. We Only play for oversold bounces until it breaks over the 10 sma then it becomes a hold long trade.
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Now let's move over to how we use the system to Crush Giant S&P trades using the $UPRO.
So in the beginning of this 10 day chart we we trading the downtrend. We started with ONLY buying when the S&P was over sold and then selling the Bounce. Then the downtrend appeared.
