SPDN LONGR:R here makes a lot of sense especially with small size. May not get the top of the fork but cant ignore the potential edge in the market.
Key stats
About Direxion Daily S&P 500 Bear 1X Shares
Home page
Inception date
Jun 8, 2016
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
SPDN offers a one-day bet against the S&P 500. With its committee-selected holdings across various industry groups, the index effectively captures the US large-cap space. This covers approximately 80% of the US investable universe. The constituents are then market-cap-weighted and rebalanced on a quarterly basis. Like most geared ETFs, the fund is designed to deliver its inverse exposure to the underlying index for one trading day only. Long-term returns could materially differ from those of the underlying index due to daily compounding. As such, SPDN is inherently a short-term tactical instrument and not a long-term investment vehicle.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Direxion Daily S&P 500® Bear 1X Shares (SPDN)On daily chart, the SPND continues to create a series of higher lows and higher highs, which confirm current uptrend. It seems that, SPND is on his way to test the current resistance area that lies on 15.64 – 15.81$, which consider the level, that the SPDN need to break it to upside, to trigger it t
$SPDN Quarter 3 (Q3) AnalysisI believe that SPDN will form a new all-time low in Q4 with a drop below $13.90. For those who are bearish on the S&P, I drew the key price targets on the way up for those who are long SPDN. For now the EMA ribbon is acting as an area of resistance and a red resistance line that intersects with the
SPDN is Neutral after 6.5% Upswing
Starting in mid-July I starting giving market updates with a $13.90 price target for entering SPDN.
On July 27, SPDN presented that buy opportunity with a drop down to $13.85, just 5 cents under the price target (marked by the white circle).
Since July 27 SPDN had a 6.56% upswing that corres
Direxion Daily S&P 500 Bear 1X Shares Is The US market crash. Is The US market crash coming ?
We have 3 types of “crashes”
Correction <15% downward movement in a major indicy
Bear Market <20% downward movement in a major indicy
Black Swan event, something very unexpected that tanks the market, think 1987, 1929, challenger disaster, 911 and so on.
The fourt
SPDN SP500 HedgeIf you believe the SP500 market will trade lower, but still have bought the market. The SPDN gives a trader a way to limit their loss in case of failure.
A stop loss below 14.60 and a profit limit order above 15.62 means you could limit your loss if the SP500 trades lower below 4000.
SPDN SP500 Bull Flag Hedge TradeWith a stop loss below 14.53 and a profit limit order at 16.33. This trade can help against loss on trading the SP500 if the market trades below 4000.
SPDN seems to be a short sell for now SPDN has just reached the bottom of the last spike and it’s a crucial point in the stocks history. It can either do one of two things at the stocks spike support, or the same two things at the stocks base support. Really I think the safe thing to do is short so even if it stabilizes at the spike sup
SPDN to hedgeSo your 401k is back up to almost ATH but now you have anxiety what if the price crashes again? SPDN is your answer. A conservative way to short the market without short selling. Non-leveraged product, much less volatile than spxs. If you believe the market will be in downturn for longer use this ch
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.