Prepared to Meet the Downgrades? SKF

December 14, 2011

ProShares UltraShort Financials (SKF) is a good instrument to play the upcoming downgrades of Europe.

The heikin-ashi candles show a nascent uptrend (upper subchart) while haDelta points to a continuation of this uptrend.

It’s worth noting the symmetry of the channel (+6 /- 6) that includes nost of haDelta movement.

 

Prepared to Meet the Downgrades? 12/14/2011 SKF

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