We finally broke the rising wedge ! to the downside on SPY , DIA & QQQQ.
Now my main focus for the short term (a week or two) is the 50 day moving average.
You should use any rally in DIA,QQQQ,SPY to accumulate SDS (Double short SPY), QID(Double short QID) and DXD(Double short DIA) until the US indicies reach their respective 50 days moving average !
If you really want to add some leverage (at your own risk) I've made a post about some triple ETF's last Friday.
50 days moving average here we come :
DIA vs DXD :
SPY vs SDS :
QQQQ vs QID :