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home / news releases / SMLL - Why The Everything Rally Could Continue


SMLL - Why The Everything Rally Could Continue

Source

A crucial week for the S&P 500/SPX (SP500) and stocks in general

Earnings season is kicking off with big financial names, and SPX is at a critical technical inflection point. Naturally, there are a slew of other fundamental factors to consider like a surge in coronavirus cases as well, but let us look at this technical image first.

Source: Think or Swim, Ameritrade

We can see that SPX futures are trying to break above 3,200. If this occurs, the 3,220 level will get tested next. Now, if the SPX can clear 3,220

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Stock Information

Company Name: Direxion Daily Small Cap Bull 2X Shares
Stock Symbol: SMLL
Market: NYSE

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