3/2 pre-open

I sold 2% SDS after the close at 22.02.  Currently hold 4% SDS and 4% TLT.  I have an order in selling TLT at 92.67.

Market found support at the futures equivalent of DJI 12,000 yesterday after the close.  I was expecting a more spirited rally to correct (i) down, but we may still get it today.  New low means (iii) of C is in progress.

Since I'm expecting a significant bottom tomorrow or Friday I believe that there will be a 5 down to wave C then.