My charts show that the SPX backtested it’s breakdown below my Intermediate Cycle trend line today and failed. Price also closed below the 20ema on the daily.

I added some Mid-July Calls on UVXY early in the trading day as I am still expecting the next 5-6 month Intermediate Cycle low sometime between late June to mid-July.

https://goldtadise.com/?p=373328

Screenshot 2016-06-20 16.05.23