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$Direxion Daily AMZN Bull 2X Shares (AMZU.US)$ the daily cha...

$Direxion Daily AMZN Bull 2X Shares (AMZU.US)$ the daily chart looks very good the weekly chart looks like crap.. so short-term I think money is going to flow into Amazon and if Friday's economic number is bad.. meaning good for the FED to potentially cut a half at the next meeting.. because that's what you would hear if the numbers bad so bad is good.
you will see a nice short-term rally in Amazon on Friday
I think it will begin to develop some accumulation today and tomorrow.
if you are buying and building positions on this weakness don't shoot your whole wad no matter how good something looks because what's happening in the Middle East is not over by a long shot and the United States has a complete failure for a president and a vice president with their useless worthless one word statements to Iran
DONT
don't.. has resulted in Iran telling Biden and Harris go fuck yourself.
Israel's going to retaliate is it going to be on the Sabbath no one's expecting it that's when I would do it but it will happen I don't know when and when it does the market's going to sell off.
the point is after this long rant if you're buying on this weakness right now you need to be very light on your feet and be prepared to sell your position even if it doesn't generate the full amount of profit you think because the news in the Middle East can blow up at any moment and no matter where the market is it will reverse very quickly and severely.
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    36 yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker. R/Everythingstocks
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