SPX Daily back testing 50 SMA…
Friday’s action could not breach to the upside…
Several days of back testing the 50 SMA in BEAR flag formation…
Expecting further downside to test 2300 before this correction is finished…

RUT hitting resistance again also…

I trade the RUT because the volatility provides more profit…
TZA…

As a result, Volatility should increase until this correction is over…
SVXY Daily back testing moving averages…
RSI 2 already gave a SELL signal (works a tad faster than the TSI 7,4,7)

SVXY 15 back testing a bifurcation of trend lines…

VXO could be in BULL wedge formation…
CCI 10 has BULL bounced off the 50 line…
RSI 5 bouncing off 50 is BULLISH…

In conclusion, I took a last minute TZA position Friday. Will consider UVXY, and jump on the train if the opportunity presents itself..