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Spxu advice going into Monday Aug 31


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Spxu advice going into Monday Aug 31

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 bradgessner 
San Diego California US
 
Experience: Intermediate
Platform: ThinkorSwim
Trading: Stocks
Posts: 1 since Aug 2015
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Hi fellow traders,

I've been holding a lot of SPXU the last three days and got crushed because I had an unexpected emergency surgery on my foot and couldn't keep an eye on SPXU. That said, I'm holding my position going into Monday and wanted to see if other members believe we're in for another big downside in the S&P 500 after the huge rally Wed & Thursday.

I read a post on another site and a person recommended SPXU buy today (Friday Aug 28th) because it met a 1-2-3-4 scan. What does that mean?

Thanks for any thoughts and glad to be back on my feet (with crutches) for now.

Best to your trading

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