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Only time for a quick post right now. The chart above is a SPY 30 minute chart. It shows 3 successive topping tails as price tried to move above the last two days highs. In my experience 3 consecutive candlesticks like this is a very powerful reversal pattern.

The SDS order from last night should have triggered this morning on the open. The short-term model was not overbought, but it could be considered a bearish divergence. That added to the set-up today makes me strongly suggest entering this ASAP for anyone not in it. I may suggest placing breakeven stop relatively quickly if this moves in our favor today. That would be because the short-term model is not overbought and could have some upside left on that basis. Exit will be standard exit at next oversold signal of short-term model.

Pete