The indices seem to have bottomed for now. So the first step is to manage our shorts ( long ETF’s like SDS). We’ll await further price action tomorrow before we close out these positions. We’d like to see confirmation that this is just not a one day event rally. So if the equity indices start up in the a.m. we will, in all likelihood, exit at the market.

The Russell # for a reversal day is a close above 79660

This is akin to being caught in the Young Frankenstein movie when Gene Wilder starts yelling ” It’s Alive It’s Alive!”

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