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gordonscottcmt
23 Th10 2022 15:02

Special Gap rules on DRV are 5/5 so far this year 

Direxion Daily Real Estate Bear 3X SharesArca

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Based on the 2013 publication of the Journal of Technical Analysis, first article, "Analyzing Gaps for Profitable Trading Strategies," I am noticing that you could have used these following criteria to create 5 profitable trades this year on DRV.

Look for:
A larger green candles,
red candle on day before
Green candle crosses the 10-day moving average​
Above average volume

DRV is a bearish, leveraged ETF designed for shorting the U.S. Real Estate market. This might continue to yeild great trades through 2023.
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