27.33 was the low Friday in the SDS…

I expect a trade at or very close to this price..

A close over 27.57 is bullish the SDS and bearish the stock indices.

This would put in an outside reversal day to the upside in this instrument.

New contract lows in this ETF with a reversal up. This event would be a price negative pattern for the s&p.

I do not think the probability is high for this occurrence, but you won’t know until later in the day.

What to do?

The market is digesting for the afternoon move. My Harry Potter Wizarding Hat

is presently not functioning..

I do know that we need all new strength in the Euro,Aussie,Metals,and Spu over today’s highs for more

upside.

Minimally you should be using a 26.60 stop.