SOXL Sell the Bear Market Rally
Notice my custom MACD line crossing below both of its signal lines. Before, when It crossed above them, the price went up and there was a normal MACD cross there shortly after. I think now the price will go down to retest the lows of March, and possibly even go lower.
Note
Changing position to neutral since price is holding at support today.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.