XLD 1.47% 1,578.8 s&p/asx 200 2 x daily leverage index

S&D, S&R, Trends, Fork's and Turnarounds, page-196

  1. 16,642 Posts.
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    Yep that's about right (although some small chance the 315 is absorbing), confirmation of weakness will come with a breakdown bar through the 2.06 line, and after that it just leaves that last gasp (minor ??) line, before the 2.0025 line comes into play, which appears to be of decent strength.

    cheers

    PS- didn't realise that, I'll check it out.....
 
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