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DRN signaled on the 2 day Heikin Ashi chart


DRN (3x Direxion Bull for Real Estate) looks like it could be signaling a reversal. It has had 2 consecutive green candle days in a row. Also, it is coming off of a low RSI. In the past year, there were 9 signals like that, as indicated on the chart. Their were 7 winning trades vs just 2 losing trades. The average losing trade was about 3 or 4 percent, the average winning trade was about 9%. That's a fantastic ratio.

Here are the details:

Let's hope that the remainder of 2018 returns what this trade did in the past year. I'm actively working each day with my favorite securities and volatile instruments to find solid trades that produce the kinds of returns.


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