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BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU



TSX:HVU - Post by User

Post by trader009on Feb 19, 2015 3:49pm
75 Views
Post# 23445130

Next move...

Next move...SP500 will see extreme weakness next 2 months with possiblity of retracement to the 1850 level.....the slide will be due to earnings projections going forward......The big (smart)money will lead the slide and lock in profits......The 2100 level appears to be very resistive.......Market now appears to be overbought based on recent quarterly reports and lower guidance going forward.....Fisrt stop is little support at 2085 then 2060 then freefall to 2030.....ultimately retracement to 1850....all within next 2 months....I also think Russia/Ukraine will disturb the NA markets.....
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