Nice setup right here — this multi-timeframe view of SPXL (S&P 500 3x Bull ETF) paints a compelling story, especially with how clean that 0.382 level at $126.23 is holding across multiple frames.
⚡SPXL – Bullish Structure Reclaim in Progress
Don’t miss what’s happening on this chart.
📍Price just reclaimed the 0.382 Fib level ($126.23) and is now flirting with resistance at $128.01, right under the 0.5 zone ($138.27) on the higher time frame.
👁 Here’s what I’m watching:
4H shows bullish continuation and stair-stepping toward the diagonal resistance.
15D and 4D show clean higher lows forming.
Macro support is locked in between $115.84–$122.02, giving us a nice demand zone.
⚠️ $138.27–$150.30 is the next key region — and if this momentum holds, we may see a full retrace back to the previous high ($189.26) long-term.
🎯 Trade plan:
Holding above $126.23 keeps this bullish.
If we retest $122–$115 and bounce, it could offer a high-R setup.
📚 Remember: zooming out brings clarity. Structure leads, candles follow.
⚡SPXL – Bullish Structure Reclaim in Progress
Don’t miss what’s happening on this chart.
📍Price just reclaimed the 0.382 Fib level ($126.23) and is now flirting with resistance at $128.01, right under the 0.5 zone ($138.27) on the higher time frame.
👁 Here’s what I’m watching:
4H shows bullish continuation and stair-stepping toward the diagonal resistance.
15D and 4D show clean higher lows forming.
Macro support is locked in between $115.84–$122.02, giving us a nice demand zone.
⚠️ $138.27–$150.30 is the next key region — and if this momentum holds, we may see a full retrace back to the previous high ($189.26) long-term.
🎯 Trade plan:
Holding above $126.23 keeps this bullish.
If we retest $122–$115 and bounce, it could offer a high-R setup.
📚 Remember: zooming out brings clarity. Structure leads, candles follow.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.