Direxion Daily Financial Bear 3X Shares (FAZ)

[Islandinthesky]

Good charts. We might see the charts test the low again as the end of Q2 approaches, then perhaps do another big rally like we did here.

A total guess would be that the SPX retraces close to 700-725 over the next week or so and then has a couple small rally's before testing the 666 low. My logic there comes from the last high of 943 retracement to around 800 which afterwards turned up before creating the 666 low.