Daily S&P 500 Bull 3X(SPXL)
Auto-detected technical analysis for SPXL · data as of Aug 14, 2026. The chart above is live; the read below updates daily.
SPXL just broke higher out of a bullish pennant — a brief, tidy pause inside a strong run. That's usually a breather before another push up.
On this chart, setups like it have followed through about 75% of the time.
As long as price stays above $249.9, the setup is intact — a daily close back below there is the cue to step away.
A natural first target sits near $316.7 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.
SPXL is currently forming a bullish pennant on the daily timeframe. Detected Aug 14, 2026.
New to this pattern? What a bullish pennant is and how to trade it →
Historical pattern statistics (2006-08-15 – 2026-08-14), not a prediction.
Every completed pattern trade our nightly backtest found on SPXL's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Triangle | Jul 20, 2026 @ $263.94 | Aug 4, 2026 @ $294.56 | Loss | -1.93R |
| Triangle | Jul 1, 2026 @ $271.75 | Jul 29, 2026 @ $250.20 | Loss | -1.01R |
| Falling Wedge | Mar 11, 2026 @ $208.10 | Mar 19, 2026 @ $191.79 | Win | +0.85R |
| Falling Wedge | Mar 5, 2026 @ $212.67 | Mar 19, 2026 @ $194.28 | Win | +1.26R |
| Triangle | Feb 27, 2026 @ $216.67 | Mar 9, 2026 @ $202.26 | Win | +1.36R |
| Triangle | Feb 12, 2026 @ $220.63 | Mar 3, 2026 @ $205.13 | Win | +1.37R |
| Rising Wedge | Jan 20, 2026 @ $218.72 | Mar 3, 2026 @ $207.91 | Win | +0.71R |
| Rising Wedge | Sep 10, 2025 @ $200.08 | Oct 10, 2025 @ $198.60 | Loss | -0.09R |
| Falling Wedge | Jan 21, 2025 @ $179.93 | Mar 4, 2025 @ $156.21 | Loss | -1.11R |
| Falling Wedge | Jan 13, 2025 @ $158.98 | Jan 21, 2025 @ $181.84 | Loss | -1.07R |
| Rising Wedge | Oct 15, 2024 @ $172.17 | Mar 13, 2025 @ $135.34 | Loss | -1.03R |
| Triangle | Sep 18, 2024 @ $154.88 | Mar 13, 2025 @ $135.34 | Loss | -1.05R |
A chance to go short showed up on the weekly chart about a week ago: price ran up to $300.14 — a level traders often watch as a target (200% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.
Nearest auto-detected support sits near $289.87. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 14, 2026 | $301.99 | $302.23 | $298.38 | $299.31 |
| Aug 13, 2026 | $297.97 | $303.18 | $297.28 | $301.35 |
| Aug 12, 2026 | $297.97 | $298.05 | $293.84 | $295.42 |
| Aug 11, 2026 | $297.81 | $297.95 | $291.84 | $293.17 |
| Aug 10, 2026 | $295.72 | $298.52 | $294.76 | $296.18 |
| Aug 7, 2026 | $293.87 | $297.17 | $292.37 | $296.33 |
| Aug 6, 2026 | $293.21 | $295.07 | $290.19 | $291.20 |
| Aug 5, 2026 | $299.77 | $300.96 | $292.50 | $292.85 |
| Aug 4, 2026 | $282.90 | $296.96 | $282.75 | $294.56 |
| Aug 3, 2026 | $270.68 | $280.65 | $270.43 | $279.68 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.