After this Weekly Phase 2 is completed, I believe you will see and nice move to the downside. But that might be a few weeks down the road, we likely will become range bound as we get closer to this weekly top. I will start looking at adding SPXS (for the downside) after we get past the Daily projected high.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."