A quick update, I closed out of my SDS trade at $16.71 early today around 10. I wish I had stuck around for the additional fall that came up to noon time where the SDS hit around $16.90. So do I think the market has more to fall or is this a flush? In simple terms this was a fast move down and a bounce should be expected. I am not always right and most of the time am wrong so I will stick with stock plays instead of going into options.
I have flipped and gone on the buy side with TNA. I have the commodities such as gold and silver going up which should mean risk on. Furthermore TNA has been flagged oversold by my favorite indicators form friendly THE FLY.
Good luck to all.
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