SDS…Trade (STOP) Update

The SDS is currently trading at our original stop level.

The SPU’s Point & Figure shows new strength is needed over 1331 for a run back up.

We’ll use a day stop trigger of 1332 futures or app 16.25 ish SDS.

We’re going to see a lot of back and forth in the markets making trading difficult.
There will be a lot of shorter time frame trades ( Scalps)….nothing I wish to get married to.

I doubt whether we glean any direction from today. The bigger game is mid to late week.

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