They call my S&P trading "System" the Holy Grail of trading systems.
If you would of went long on Tuesday when the 10 sma broke above the 50 sma on the day chart.
You'd be up 250 S&P points now in just 4 days.
That's an over 6% gain or in the $UPRO an 18% gain.
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Overbought is not the same as oversold.
At this point you have to wait until you get a sell signal a negative cross of the 10 below the 50 sma to short.
Thank you sir. All week I’ve had a bear sentiment and have gotten wrecked. Kept thinking we’re over bought and got destroyed. Need to stick to system