SDS (double short S&P)

99.51 9:22 am

monthly –  extended up.

weekly – met upside targets then moved quickly down to the down target of 86.95.  now in coslidation setting up the next move.  conditions suggest that move will be down.

daily – bias long. in a pull back from the recent move down. trading in the channel between 87.88 and 103.63. a move above takes it to 115.58.  a move below takes it to 81.16.  pressures up, but price is not responding. 

short entry price 92.40. stop at the upside channel.

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