Currently 7.5% SDS, highest since May 7. Average 35.55 SDS. Currently 35.05.
Fish or cut bait time. I1 declining from here on. Today is slow decline, tomorrow it accelerates to 6/8.
February lows held, which are part of a head-and-shoulders neckline. If there is still overhanging supply we will see it here at the 5-minute, 380-unit M/A, which for the DIA is at 101.45. I bought the last 2.5% SDS at 34.90.
Stop is at 1089.5 SPX cash, 1088 futures.
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