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IWM / TNA next few days will decide...

AMEX:TNA   Direxion Small Cap Bull 3X Shares
To my friends,
TNA would be a nice dip buy between 57-58$ (let's say 57.92 and see how well this will plays out)
stop loss would be at 56.50.
TP1 68.38
final TP 73.32
or u can wait on confirmation of the 61.43 alert and set a stop limit buy order at 61.5
stop loss 61
same take profit whatever the entries
I charted IWM and it gave me about the same relative entries and target. I just like the 3x leverage

if we break under 57.15 I'll short it
we play the short side with a stop at 58
TP1 50.20
Final TP 45.26

i believe some of the growth name are consolidating at 52weeks low. might give IWM/TNA a boost, while SPY is fighting for his life not to break under 400
I think spy will drift down slowly to 404.65 lets make it 400 psych number.
while being choppy money might rotate to growth play.

#NOTFINANCIALADVICE
because if I would be right I would be rich af.




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