Direxion Daily Financial Bear 3X Shares (FAZ) Daily Financial Bull 3X Shs(ETF)(FAS) trading analysis for 5/31/2011
Daily Finan. Bull 3X Shs(ETF):Daily Finan. Bull 3X Shs(ETF)(FAS) was closed over $27 on Friday.FAS will have support located at $25 and resistance located at $30 & $32. FAS is a strong buy below $25.
Direxion Daily Financial Bear 3X Shares (FAZ):FAZ has resistance area is $44 and next support area is $35.FAZ has resistance area is $42.FAZ is still has more down side depend on market condition. Here is blow chart when to buy FAS/FAZ.
Daily Finan. Bull 3X Shs(ETF):Daily Finan. Bull 3X Shs(ETF)(FAS) was closed over $27 on Friday.FAS will have support located at $25 and resistance located at $30 & $32. FAS is a strong buy below $25.
Direxion Daily Financial Bear 3X Shares (FAZ):FAZ has resistance area is $44 and next support area is $35.FAZ has resistance area is $42.FAZ is still has more down side depend on market condition. Here is blow chart when to buy FAS/FAZ.
Below the stocks are Top 10 holdings in the basket - Stocks that are in FAS/FAZ. All those stocks will trading with FAS & FAZ.
Goldman Sachs Group, Inc. (GS)
JPMorgan Chase & Co.( JPM)
Bank of America Corp. (BAC)
The Bank of New York Mellon Corporation (BK)
Morgan Stanley MS - Russ 1000 Financial Indx Swap
Travelers Companies Inc (The) TRV
U.S. Bancorp (DE) USB - VISA INC. V
Wells Fargo & Co. (WFC)
Goldman Sachs Group, Inc. (GS)
JPMorgan Chase & Co.( JPM)
Bank of America Corp. (BAC)
The Bank of New York Mellon Corporation (BK)
Morgan Stanley MS - Russ 1000 Financial Indx Swap
Travelers Companies Inc (The) TRV
U.S. Bancorp (DE) USB - VISA INC. V
Wells Fargo & Co. (WFC)
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