Title
by Americanbulls.com LLC
Last Update
11/16/2018
SPXS
DIREXION DAILY S&P 500 BEAR 3X ETF
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
24.9700
Change:
-0.2000
Percent change
-0.79%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 25.1700, and our valid average selling price stands now at 25.1400. The previous BUY signal was issued on 11/09/2018, 7 days ago, when the stock price was 23.6600. Since then SPXS has risen by +6.26%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
11/16/201825.1400SELL 124.49
11/09/201823.6600BUY 117.40
11/01/201825.6400SELL 117.64
10/24/201825.4900BUY 117.19
10/16/201824.6000SELL 117.42
10/10/201822.3199BUY 106.75
09/13/201821.7247SHORT 110.20
09/05/201821.9336BUY 111.71
08/16/201823.1600SHORT 106.52
08/09/201822.9000BUY 105.75
08/02/201823.7850SHORT 102.37
07/27/201823.4350BUY 101.27
07/02/201826.5301SELL 101.47
06/13/201824.8390BUY 95.19
06/01/201826.3614SHORT 90.35
05/29/201827.1486BUY 93.42
05/23/201826.1712SHORT 97.43
05/18/201826.7000BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
11/16/201825.1400SELL 169.85
11/09/201823.6600BUY 160.17
11/01/201825.6400SELL 160.49
10/24/201825.4900BUY 159.87
10/16/201824.6000SELL 160.19
10/10/201822.3199BUY 145.63
09/13/201821.7247SHORT 150.33
09/05/201821.9336BUY 152.38
08/16/201823.1600SHORT 145.30
08/09/201822.9000BUY 144.25
08/02/201823.7850SHORT 139.63
07/27/201823.4350BUY 138.13
07/02/201826.5301SELL 138.41
06/13/201824.8390BUY 129.85
06/01/201826.3614SHORT 123.25
05/29/201827.1486BUY 127.44
05/23/201826.1712SHORT 132.91
05/18/201826.7000BUY 136.14
05/10/201827.0100SHORT 135.14
04/20/201827.6000BUY 138.65
04/10/201828.9900SELL 138.93
04/06/201829.4212BUY 141.28
04/04/201830.2800SELL 141.56
02/28/201826.8800BUY 125.92
02/12/201830.3200SELL 126.17
02/08/201830.4848BUY 127.11
02/06/201829.1600SHORT 133.69
01/30/201825.3000BUY 116.46
01/02/201829.6200SHORT 102.04
12/19/201729.8300BUY 103.18
12/12/201730.4510SHORT 101.52
12/04/201731.3150BUY 104.82
11/21/201733.1210SHORT 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
11/16/201825.1400SELL 164.96
11/09/201823.6600BUY 155.56
11/01/201825.6400SELL 155.87
10/24/201825.4900BUY 155.27
10/16/201824.6000SELL 155.58
10/10/201822.3199BUY 141.44
09/13/201821.7247SHORT 146.01
09/05/201821.9336BUY 148.01
08/16/201823.1600SHORT 141.13
08/09/201822.9000BUY 140.11
08/02/201823.7850SHORT 135.63
07/27/201823.4350BUY 134.17
07/02/201826.5301SELL 134.44
06/13/201824.8390BUY 126.12
06/01/201826.3614SHORT 119.71
05/29/201827.1486BUY 123.78
05/23/201826.1712SHORT 129.10
05/18/201826.7000BUY 132.24
05/10/201827.0100SHORT 131.26
04/20/201827.6000BUY 134.67
04/10/201828.9900SELL 134.94
04/06/201829.4212BUY 137.22
04/04/201830.2800SELL 137.49
02/28/201826.8800BUY 122.30
02/12/201830.3200SELL 122.55
02/08/201830.4848BUY 123.46
02/06/201829.1600SHORT 129.86
01/30/201825.3000BUY 113.12
01/02/201829.6200SHORT 99.12
12/19/201729.8300BUY 100.22
12/12/201730.4510SHORT 98.61
12/04/201731.3150BUY 101.81
11/21/201733.1210SHORT 96.93
11/15/201734.2190BUY 100.55
10/27/201734.1400SHORT 101.19
10/25/201734.3400BUY 102.19
10/11/201734.8741SHORT 101.05
10/09/201735.1556BUY 102.27
09/11/201738.2100SHORT 95.08
09/05/201738.6700BUY 96.61
08/29/201739.8600SELL 96.80
08/24/201739.9850BUY 97.30
08/22/201739.6951SELL 97.50
08/18/201740.7638BUY 100.33
08/14/201739.4100SELL 100.53
08/10/201739.2050BUY 100.21
07/05/201740.8000SELL 100.41
06/21/201740.7000BUY 100.36
06/13/201740.7400SHORT 100.66
06/06/201741.1600BUY 102.11
05/24/201742.6300SHORT 99.10
05/17/201744.0000BUY 102.69
04/20/201745.9505SELL 102.90
04/03/201745.3500BUY 101.76
03/30/201745.2000SELL 101.96
03/24/201746.1500BUY 104.31
03/13/201744.8000SHORT 107.98
03/07/201745.0500BUY 109.02
02/10/201748.8500SHORT 101.56
01/27/201750.2000BUY 104.79
01/24/201751.7005SHORT 102.24
01/10/201752.0000BUY 103.24
01/05/201752.0060SHORT 103.64
12/28/201653.0250BUY 106.09
12/05/201657.3005SHORT 99.12
11/30/201657.4615BUY 99.80
† Trade commissions are taken as 0.20%.

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