• Based upon the likely SP 500 scenario of a pullback I am going to increase my long position in SPXU ( I opened a long position on April 15 at 28) above 28.30
  • Regarding the potential target I prefer to follow the price action of SP 500, although if SPXU were able to breach R2=29.78,  the gap fill at 32.30 should be doable.

 

SPXU DAILY CHART

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