Daily S&P 500 Bear 3X(SPXS)
Auto-detected technical analysis for SPXS · data as of Aug 14, 2026. The chart above is live; the read below updates daily.
SPXS is breaking down out of a falling wedge — these usually break higher, so a drop lower instead is a notably bearish turn.
On this chart, setups like it have followed through about 42% of the time.
As long as price stays below $28.60, it's in play — a daily close back above there calls it off.
The move's natural target sits near $22.22.
SPXS is currently forming a falling wedge on the daily timeframe. Detected Aug 14, 2026.
New to this pattern? What a falling wedge is and how to trade it →
Historical pattern statistics (2006-08-14 – 2026-08-14), not a prediction.
Every completed pattern trade our nightly backtest found on SPXS's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Triangle | Jul 23, 2026 @ $27.57 | Aug 3, 2026 @ $25.44 | Loss | -1.10R |
| Falling Wedge | Jun 5, 2026 @ $26.42 | Jun 15, 2026 @ $26.00 | Loss | -0.47R |
| Rising Wedge | Mar 11, 2026 @ $37.05 | Mar 31, 2026 @ $40.49 | Win | +1.14R |
| Triangle | Mar 2, 2026 @ $36.37 | Mar 31, 2026 @ $40.49 | Win | +1.75R |
| Falling Wedge | Feb 6, 2026 @ $35.85 | Mar 31, 2026 @ $40.49 | Win | +1.92R |
| Falling Wedge | Jan 16, 2026 @ $34.20 | Mar 31, 2026 @ $40.49 | Win | +8.71R |
| Falling Wedge | Sep 10, 2025 @ $40.60 | Oct 1, 2025 @ $37.46 | Win | +0.87R |
| Rising Wedge | Jan 17, 2025 @ $59.60 | Mar 4, 2025 @ $66.60 | Loss | -1.01R |
| Falling Wedge | Dec 13, 2024 @ $58.04 | Dec 24, 2024 @ $58.00 | Loss | -0.03R |
| Falling Wedge | Oct 31, 2024 @ $66.60 | Nov 6, 2024 @ $61.30 | Loss | -1.36R |
| Falling Wedge | Jun 5, 2023 @ $157.10 | Jun 14, 2023 @ $147.80 | Win | +0.43R |
| Falling Wedge | May 25, 2023 @ $174.25 | Jun 1, 2023 @ $164.40 | Loss | -1.09R |
A chance to go short showed up on the weekly chart about 2 weeks ago: price ran up to $26.32 — 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 resistance near $25.54. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 14, 2026 | $23.52 | $23.80 | $23.49 | $23.72 |
| Aug 13, 2026 | $23.83 | $23.89 | $23.40 | $23.56 |
| Aug 12, 2026 | $23.83 | $24.16 | $23.82 | $24.04 |
| Aug 11, 2026 | $23.83 | $24.31 | $23.83 | $24.22 |
| Aug 10, 2026 | $24.01 | $24.08 | $23.78 | $23.96 |
| Aug 7, 2026 | $24.15 | $24.29 | $23.88 | $23.96 |
| Aug 6, 2026 | $24.21 | $24.46 | $24.05 | $24.37 |
| Aug 5, 2026 | $23.67 | $24.26 | $23.57 | $24.24 |
| Aug 4, 2026 | $25.15 | $25.16 | $23.87 | $24.08 |
| Aug 3, 2026 | $26.33 | $26.35 | $25.34 | $25.44 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.