The Grind

[PlanTrader]

Swing Trade Oppty: S&P Downside, SDS (2x inverse S&P ETF)

We've got a well-defined risk profile right now with the S&P at a multi-year high & consolidating within a fairly tight range.

My Plan:
SDS
Entry at market, 13.30 area (the closer to 13, the better)
Target 1: 14.50 area, or depends on action
Stop loss: 12.90, at current 13.30 Friday closing price, a 12.90 stop would be a 3% risk