I don't have time for details on this one. A bearish engulfing formed yesterday in the major indexes.
New SPXU Trade:
Place a "day only" limit order of 44.50 to buy SPXU today. Place a GTC sell stop at 42.50 immediately after entry if filled. Please refer to the money management section if there is any question of how many shares to buy for your account size, etc.
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