Direxion Daily Technology Bear (TECS)

[Bill de MT]

Nice day for TYP. Running outside the upper bollinger band on the 60min chart most of the day, then came back inside the bollinger bands with two shooting stars right under the $9.95 resistance which is a bit nerve wracking. But, ended the day with a really nice high volume hammer turning the resistance into support. Looks overbought on the ULT so it might pull back a bit on Monday like it has recently, but I wouldn't be surprised if we're both green on Monday. Daily chart shows great volume for today and wrestling with some moving averages as resistance. Indicators show some room to run next week. Looking forward to this getting well above 10.25 so I can put in some stop losses.

Hopefully, AAPL moves and closes under $550.00 next week. If it does, it'll be in a serious slide. Sell off volume picking up. $RITEC has some room to go down as well.

Stockcharts seems to have changed up its format. I can't figure out how to post charts on iHub. I found some posts on other boards complaining of the same thing. Wonder what happened. I can probably email them to you.