Weak Sentiment is prevailing thus far -- See current SIGNALS for positioning and risk parameters.
Institutional Trading Strategies
Our AI models have generated three distinct trading strategies tailored to different risk profiles and holding periods. Each strategy incorporates sophisticated risk management parameters designed to optimize position sizing and minimize drawdown risk.
Position Trading StrategyLONG
Entry Zone
$247.26
Target
$274.20
Stop Loss
$246.55
Momentum Breakout StrategyBREAKOUT
Trigger
$274.20
Target
$279.68
Stop Loss
$273.43
Risk Hedging StrategySHORT
Entry Zone
$274.20
Target
$260.49
Stop Loss
$275.02
Multi-Timeframe Signal Analysis
Time Horizon
Signal Strength
Support Signal
Resistance Signal
Near-term (1-5 days)
Weak
$251.66
$265.22
Mid-term (5-20 days)
Weak
$246.59
$263.74
Long-term (20+ days)
Strong
$247.26
$274.20
Technical Analysis
Longer Term Trading Plans for SPXL
Buy SPXL near 247.26 target 274.2 stop loss @ 246.55 Details
The technical summary data tells us to buy SPXL near 247.26 with an upside target of 274.2. This data also tells us to set a stop loss @ 246.55 to protect against excessive loss in case the stock begins to move against the trade. 247.26 is the first level of support below 266.27 , and by rule, any test of support is a buy signal. In this case, support 247.26 is being tested, a buy signal would exist.
Short SPXL slightly under 274.2, target 247.26, stop loss @ 274.99 Details
The technical summary data is suggesting a short of SPXL as it gets near 274.2 with a downside target of 247.26. We should have a stop loss in place at 274.99though. 274.2 is the first level of resistance above 266.27, and by rule, any test of resistance is a short signal. In this case, if resistance 274.2 is being tested, a short signal would exist.
Swing Trading Plans for SPXL
Buy SPXL slightly over 274.2, target n/a, Stop Loss @ 273.41 Details
If 274.2 begins to break higher, the technical summary data tells us to buy SPXL just over 274.2, with an upside target of n/a. The data also tells us to set a stop loss @ 273.41 in case the stock turns against the trade. 274.2 is the first level of resistance above 266.27, and by rule, any break above resistance is a buy signal. In this case, 274.2, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
Short SPXL slightly near 274.2, target 263.74, Stop Loss @ 274.99. Details
The technical summary data is suggesting a short of SPXL if it tests 274.2 with a downside target of 263.74. We should have a stop loss in place at 274.99 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 274.2, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for SPXL
Buy SPXL slightly over 274.2, target n/a, Stop Loss @ 273.56 Details
If 274.2 begins to break higher, the technical summary data tells us to buy SPXL just over 274.2, with an upside target of n/a. The data also tells us to set a stop loss @ 273.56 in case the stock turns against the trade. 274.2 is the first level of resistance above 266.27, and by rule, any break above resistance is a buy signal. In this case, 274.2, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
Short SPXL slightly near 274.2, target 265.22, Stop Loss @ 274.84. Details
The technical summary data is suggesting a short of SPXL if it tests 274.2 with a downside target of 265.22. We should have a stop loss in place at 274.84 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 274.2, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
SPXL Technical Summary | Raw Data for the Trading Plans
All market data is provided by Barchart Solutions. Futures: at least 10 minute delayed. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice.
To see all exchange delays and terms of use, please see disclaimer.
