The analysis of C Lewis and A Gilbert are similar.
My current thoughts are to stay in LABU for another few days to see if last Fridays spike up is sustainable. If the S&P hits the resistance C Lewis is identifying in this analysis, I bail out, and look to see if now is a better time to get into GUSH.
I may get into SPXS for the ride down if I am quick enough.
Of course, if C Lewis is wrong, and last Fridays market spike up IS sustainable, the I stay in LABU for a longer ride up.
A Gilbert suggests if a rise in the coming days is sustainable, we could have seen the bottom, and if not, one more spike down, then up we go.
I am thinking I want to be in GUSH for any real move up.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.