SDOW breaching this wedge soon

Panjang

UltraPro Short Dow30 (AMEX:SDOW)

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AMEX:SDOW UltraPro Short Dow30

trendanalysis chartpattern indicator sdow inverse etf sds 3x

Looks like a huge descending wedge, seems like they're going to continue to push the Dow higher, but I personally don't see much more room to run past 28500. I like the 3X weighting on this position for a short play to hedge against any downturn. I do believe we may head to higher highs and push this market through Q1, but I'm not confident we can keep it afloat much longer. I also like SDS against the S&P

Komen:

I think it's all uphill for awhile from here

Komen:

not financial advise

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