FAZ inverse financials 3X ETF bounced off the oversold conditions, falling wedge and positive divergence. That was the quick money, now, although FAZ is bottoming, a move back down cannot be discounted especially considering the large gap that was left behind. FAZ does appear to be bottoming over the coming weeks to set itself for more upside into the summer. Lots of gaps to fill above. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
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