DIRECTION?NO IDEA, BUT from WHERE & WHEN it starts:
-close the position.
- reopen the position:
BUY (far) ABOVE the VALUE
SELL (far) BELOW the injurious VALUE.
The lifetime of the level is up to severall days.
Trading triple leverage $TNA, $TZA, $UVXY, $XIV, $NUGT, $DUST, $JDST, $JNUG. No options trading here. My posts are based on what I see on the charts. I am not suggesting to buy or sell. Trade at your own risk.