Good one Steve

I'm trading the 3X ETF's so that' what I gauge it by irregardless 

Besides, I'm an active trader and will trade both ways intraday if I see an opportunity

 Entered at 22 off the 3 min psars

I have a proprietary indicator that showed an area to bounce where it did.

LABU  bouncing hard  near support

Makes sense since stochastic o\s

LABD  $2  move in an hour not bad

targeting that gap in October would be my guess

SPY - psar sell

LABU monthly making a bee line for the baseline.  Could be drawn as an inverse head and shoulders also

LABU -  biotechs caught a bug and lost immunity

LABD in beast mode 

IWM working on a right shoulder maybe

LABD weekly -  last move broke symmetry to the upside, resulting in a higher low.  Symmetry target as shown. 

PSAR buy signal icing on the cake

BOIL  is percolating this morning

BOIL  feeling the heat

$VIX quarterly chart foretold the the big selloff of 2020 with the inverse head and shoulder pattern, psars on the right shoulder,

TVIX, now defunct, had a 30X run over a two month period.   

That top rail resistance proved to be top exactly for the biotechs.  

 Now the pattern looks to be a giant  inverse head  and shoulders although  doubtful It would play out to the measured move.  

One reason is the chaiken money flow was\is in the red

thanks Steve.  That 60 min time frame has been the one to watch lately

Stockcharts has the same idea with the dotted lines up there

SPY  60 bouncing into the close from oversold. Head and shoulders  a possiblility next week if it doesn't fall completely out of bed before then

SPXS 60 MIN oversold in the uptrend leads to big moves.  Now overbought 

wash, rinse, repeat next week?

KOLD 5 min head and shoulders played out

this monthly chart of BOIL has generated a psar sell signal and  looks like it could easily double bottom.  

I'm looking for a swing entry too but they don't call them the widow makers for nothing