Trade #1

All the stars seem to be lining up nicely.

- The dollar looks ready to rally.
- The VIX looks exhausted, but hasn't collapsed below trend.
- The S&P is heavily overbought.
- The gold/silver ratio has come in, but hasn't collapsed below trend.
- The BKX has rallied to the top of the downtrend.

For the record I am a buyer of SDS here.

Long SDS @ 71.25