Direxion Daily S&P 500® Bull 3x Shares (SPXL)
Regarding technical indicators, the daily RSI is reversing up from its support level set at 30 while intraday technical indicators are validating bullish divergences calling for a bounce.
On a relative basis against the S&P500, the Direxion Daily S&P 500® Bull 3x Shares is facing its 61.8% Fibonacci retracement and looks set for a rebound.
Buy @ $75.46 – Stop loss @ $73.15 – Target @ $81
Copyright 1999 – 2012 TRADING CENTRAL