Leveraged ETFs to Watch as S&P 500 Flirts with Resistance Level
This article was originally published on ETFTrends.com.
Amid Monday’s sell-off, the S&P 500 fellow below 2,800, which could signal the index has hit a key resistance level. Potential leveraged ETF plays in the Direxion Daily S&P500 Bull 3X ETF (NYSEArca: SPXL) and the Direxion Daily S&P 500 Bear 3X ETF (NYSEArca: SPXS) could have traders placing these ETFs on their watch lists. The [...]