Thursday, April 25, 2013

SOXL in Range

I've been playing SOXL (long and short) for the past month or so. It's been stuck in a range since late January and doesn't show any sign of leaving it. I'm currently long, but it's coming up on resistance at the top of it's range. I'll probably get short today or tomorrow. Right now, it's easy 15% moves in each direction.