Direxion Daily Large Cap Bear (BGZ)

[btrain]

It looks like it may be about time to enter a position in BGZ, as the $SPX is fighting to maintain the 1090 range, it is the 7th day up on the DOW, and SPX, however the US Dollar is, at thei time not supporting that move by showing a near term bottom. I see that at in the UUP indicator at the $23.34 area. Now UUP is $23.99 the DXY index is 82.60 and trading between 82.50 - 83.51.

Translation = The market still has room to raise the indicators up.

BGZ needs to close above $15.50 to confirm its up trend. Now at $15.22