On Friday, I was lucky enough to have detected the selling wave on the 20DMF before it started hitting prices and I opened a new SDS short position at 21.97. In hindsight, I should have targeted a TNA short, but at that time, the CTick looked rather positive.
GILD is the "strongest" of the three short trades of the portfolio. I therefore decided to tighten the stop to $102, just above the entry price.
You might think that the energy sector is much extended on the downside and could be interesting to buy, but in reality, the MF is still nowhere near a buy signal and I believe that XLE bounces can be shorted. A good buy signal on the sector could be expected in about one Month. This leaves us with much time to work on the Christmas tree decorations.
The trade ideas for today do not look interesting, especially in a strong down gap.
I would be more willing to increase the SDS short on a bounce to 2067, or to open an UWM short (double IWM) on a bounce to 86 (Not shown here.)