Posted:
#1
Dow Jones and S&P 500 rallying into resistance today and Nasdaq was already in resistance and sold off a touch. It looks like all three indices are essentially doing the same thing. For aggressive investors I'd look to add a couple times 3 inverse ETF positions here. Until the market can prove itself in the near term, I'd feel comfortable shorting individual equities right now. I'd buy up SQQQ and SPXU at these levels. (Nasdaq & S&P 500 times three inverse ETFs, respectively).
BGZ - Hold
SQQQ - Buy
SPXU - Buy
BGZ - Hold
SQQQ - Buy
SPXU - Buy
