So far, I'm wrong on the SDS here given what the markets are doing this morning. The VIX seems to suggest that the markets are calculating in little risk at these levels, very unusual with Q1 earnings right around the corner: stockcharts.com/c-sc/sc?s=$VIX&p=D&yr=0&mn=6&dy=0&i=p88713379637&r=5070 stockcharts.com/c-sc/sc?s=$VIX&p=W&yr=3&mn=0&dy=0&i=p22125684589&r=6362