Walk thru the SDS trade...

Step 1. First, Identify the MAX MACD...or capitulation... (MACD slope, exponential move in price)



Step 2. Then, identify the rising price pattern with falling MACD (compare the slopes)...bearish divergence...



Step 3. See the results from the divergence...wham, selloff...



Step 4. Now where from here? SDS is still looking for support...



You can see, the current rising trough is no where near the MACD zero line, so we have more to go on the downside for SDS... but there is an ultra short chart I like now...

tb