And Volatility Doesn't Disappoint....

Ever hear, "Don't get lost in the lines"?

Yeah...

It looks like the  fragile market is going to skip any upside pop, although with today's volatility who knows, we still have a Republican press conference.

This is the reason we have been building  2-3x leveraged Short positions and holding them, the higher probabilities have always been the second trend, the longer and stronger trend, a move toward the Nov. 16th lows.

UVXY short is a bust, but the longer term VXX long, ERY, SQQQ, SRTY, FAZ, SPXU as well as the left over Core Shorts just sent the equities tracking model portfolio up 4%.

The longer term charts, the stronger ones and the ones that said the market owed us downside...

 The 11/16 cycle starts, the head fake move which are never as obvious when they happen as they are after and a 60 min leading negative divergence.

Here's the 15 min chart...

Back to the charts, I have a feeling the surprises aren't close to over.