Replies to post #6103 on Direxion Daily Financial Bear 3X Shares (FAZ)

[FinancialAdvisor]

FAZ intraday (post-lunch) special, break-out!!! 2 higher lows, and about to make a 2nd higher high... momentum alert into the close if she goes 5.43 here (first-time was a head-fake past 5.40):

[penny_foolish]

I won't be surprised if the fins drop later today but rally tomorrow because of shorts covering for the long weekend - shorts are always more afraid over breaks than longs. If nothing newsworthy happens over the holiday weekend, Tuesday should be a good day for FAZ just as this afternoon should be. IMO