Direxion Financial ETF - 6/1

Nothing other than two tiny double bottoms, and its at the daily support levels since may 8th close. Obviously intraday support has been lower, but daily support is at 450.

 

Looks like im buying into FAZ again under $4.40 today, glad I sold some shares yesterday at $8.85 however wish I had sold my RFN at $10.35+ yesterday, I thought today we would get some kind of down opening followed by a rally, the drop wasnt as significant as I thought it would be.

Will be buying more FAZ later today if it breaks below $4.40.

 

I already bought FAZ at 4.52, and immediately put a .10 trailing stop on it just in case.

 

break even is 4.56 for me.

 

stopped out at 4.45

 

My last post got deleted... anyone know why?

 

Maybe it never got posted. Sometimes I hit the post button, looks like its posting, but the page never changes. It didn't get posted in this case. Make you see your post on the board after you hit the submit button, the page will change automatically. If it doesn't hit it again, you aren't double posting.

 

faz bought at 4.46, was watching 4.38 but I waited too long.

 

Scot, are you holding it over night?

 

Bought only 350 more shares on top of the shares I already own.

$4.42

Will buy another 400-500 shares tomorrow after the job report if FAZ does drop below $4.25.