$SPX

SPX
The Direxion Daily S&P500 Bull 3X ETF currently presents positive signals based on its moving averages. Both the short and long-term Moving Averages indicate buy signals, reinforcing a positive outlook for the stock. Additionally, there is a general buy signal derived from the short-term average being above the long-term average.

However, some negative signals have been issued, which could potentially influence the stock's near short-term development. A sell signal emerged from a pivot top point on Wednesday, July 19, 2023, resulting in a 2.00% decline so far. Further decline is anticipated until a new bottom pivot is established. It is noteworthy that volume fell alongside the price during the last trading day, which reduces the overall risk since volume should follow price movements.

SPX Long Above 4554.94
Short Below 4536.35