At the open this morning both the SPX 60 min & Daily went to new cycle lows. I have put a stop loss at 14.55 which is at the SPXU EMA 3 level, this is on my SPXU 14.22 position. As the SPXU EMA 3 rises I will make adjustments to the stop loss accordingly. So bottom line that position will eventually be profitable.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."