Auto-detected technical analysis for SPXL · data as of Jun 30, 2026. The chart above is live; the read below updates daily.
$270.67last close · Jun 30, 2026
SPXL falling wedge pattern
SPXL is currently forming a Falling Wedge on the daily timeframe. Detected Jun 30, 2026.
A Falling Wedge usually breaks higher, but SPXL is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $194.92 (−8.6%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R.
SPXL's most recent completed Falling Wedge (which broke against type) resolved as a win: it broke down on Mar 5, 2026 near $214.89, then reached its target at $194.92 on Mar 19, 2026 — a +1.61R move (9.3%) over 10 sessions. Across 52 backtested falling wedges, this setup wins 61.5% of the time.
OutcomeWinResult+1.61REntry$214.89Exit$194.92
How falling wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
SPXL support and resistance levels
Price was turned away at a ceiling near $287.48 about 2 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $211.87 — still about 22% away.
Traders commonly watch $211.87 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $287.48 ceiling about 2 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.
Nearest auto-detected support sits near $212.62, resistance near $280.15. These are chart/swing-derived levels, not formula pivots.
Resistance
$280.15$284.80$342.86$454.84$472.04
Support
$212.62
SPXL recent daily prices
Date
Open
High
Low
Close
Jun 30, 2026
$265.19
$272.54
$265.00
$270.67
Jun 29, 2026
$260.38
$265.70
$255.86
$265.13
Jun 26, 2026
$252.36
$260.52
$250.37
$251.65
Jun 25, 2026
$263.26
$263.70
$253.43
$257.53
Jun 24, 2026
$259.37
$264.44
$254.81
$257.12
Jun 23, 2026
$257.78
$264.33
$256.40
$257.97
Jun 22, 2026
$273.78
$276.50
$268.72
$270.06
Jun 18, 2026
$273.84
$274.28
$269.70
$272.62
Jun 17, 2026
$276.20
$277.04
$262.98
$264.95
Jun 16, 2026
$279.96
$280.93
$274.78
$275.30
SPXL frequently asked questions
What chart pattern is SPXL forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Falling Wedge on Daily S&P 500 Bull 3X (SPXL) on the daily chart, with a measured-move target of $194.92.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on SPXL is a bearish pattern, projecting a measured-move target of $194.92. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for SPXL?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), SPXL's nearest support is around $212.62 and nearest resistance around $280.15.
What is the price target if SPXL's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $194.92 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SPXL's closing price on Jun 30, 2026?
Daily S&P 500 Bull 3X (SPXL) last closed at $270.67 on Jun 30, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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