Everything is pointing to bullish for the day, however I have outlined a scenario where a short would be possible on SOXS. I also include a short explanation of how I use the 111 SMMA and why.
Daily Day trading Chart for SOXL (Jan 17th 2024)
Daily Day trading Chart for SOXL (Jan 17th…
Daily Day trading Chart for SOXL (Jan 17th 2024)
Everything is pointing to bullish for the day, however I have outlined a scenario where a short would be possible on SOXS. I also include a short explanation of how I use the 111 SMMA and why.