Leveraged Short ETFs

The market is never going to make it easy, even if you pretty much have its number since we have had for the last 3 weeks.

I do expect continued volatility, there are some longer term charts in the 2 and 3x leveraged inverse or short ETFs, I suspect those are for the big picture, but the small picture is the first bridge we need to cross and you can see how a few are performing thus far.

 SRTY - 3x short IWM,  this is what I was hoping to see, a negative divergence in to the knee-jerk volatility.

 SPXU 3x leverages Short SPX 1 min chart=negative.

Remember all new divergences start on the fastest timeframe-12 min, if they are strong enough, they migrate to longer timeframes.

This is the SPXU 5 min chart, I'm not saying migration is rock solid here, but it's all I can ask for given the amount of time we've had so far.