The following notes & chart outlines the trade parameters, including price targets, for a swing trade on SOXS, 3x short semiconductor sector ETF. Silver or Gold access required until this trade is completed.
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SOXS Swing Trade Idea
2019-08-12T14:35:34-04:00Aug 12, 2019 2:35pm|Categories: Active Trades - Short, Equity Market Analysis|Tags: SOXS, SOXX|2 Comments
Thanks Randy – looks good.
I’ve also taken a postion in FAZ 3x financial bear. I believe the contagion risk from European banks (many of which many are plumbing new lows) is potentially high and the chart suggests to me a potentially similar set up.
https://www.tradingview.com/x/4WqBOL5W/
Are you still in this trade?