Sean Brodrick -

SDS Chart

by Sean Brodrick on April 22, 2008

During my webinar today, a subscriber asked about the SDS — the ultrashort S&P 500 ETF.

Here’s my take …
sds SDS Chart

I’d really want the SDS to close above that recent overhead resistance (1) before going long the SDS … which in turn would mean going double short the S&P 500.

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