Are we close to a temporary top?

 

Update Entry Signal #1 UPRO 19-12-2011

Wait for pullback
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Buy UPRO 54.54

Stop  52.88

Entry Signal #1 UPRO 19-12-2011

Buy UPRO 54.87

Stop 53.67

A very interesting inverse head and shoulders possibility

Take a look at the following inv H&S scenario that is forming. If the market goes over 1266 we may soon see 1376 too

Possible huge inv H&S scenario

Close Signal #1 UPRO 12-12-2011

Close at 58.42  with 1.9% profit

Update Stop Signal #1 UPRO 12-12-2011

Stop 58.42

Recommended take profit 59.62

Entry Signal #1 UPRO 12-12-2011

Buy UPRO 57.33

Stop 56.2

Close signal #1 SPXU 2-12-2011

Sold SPXU at 14.02

2.11% profit

Update Stop signal #1 SPXU 2-12-2011

Not sure how much more a correction we are going to have

Recommended take profit 14.01

Or 14.22

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moved stop to 13

don’t believe this is going much higher

Entry Signal #1 SPXU 2-12-2011

Buy SPXU 13.73

Stop 13.33