A very choppy day. Market opened strong on better than expected job report but within 10 mins. started sharp sell-off filling the gap. At around 2.30 pm, volume started to pick up on TNA which is Small Caps Bull 3X Shares. Chart resembled 'W' (not a very clean W) without the last leg up. TNA formed a hammer on high volume. First sign that a short term reversal may occur soon. The next 2 bars after the hammer violated the previous low but reversed immediately. My entry was based on 1 min. There was a break in trendline followed by some consolidation. I entered there with the PDH as my initial target. Took off 3/4th of my position at PDH and sold the rest at the last bar.
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