The SPY went up on light volume today and closed below yesterday. Price went into the May 7th big volume down day and 317 million versus 205 million. There is no buying volume. Market is coming down.

XLE (Energy ETF) also confirmed that we are coming down. Price went into Feb 10 massive down day with 56 million and we went up today on 16 million. Which way is the buying pressure? Heading down. I entered DUG (2x Short Entergy) and ERY (3x Short Energy) today.

Dug should test $22. ERY should head up to $35.

Also financial look very weak and I entered into FAZ which should head up to $10.

My timing has been great these last 2 days. My DUG is up 30% and SDS is up 17%. Like I said yesterday watch the SPY and it did break the $95 support and came crashing down to close at $90.02. I have placed a sell in both SDS (115-120) and DUG (73-76) near the last swings.

APWR collapsed today down 24% but I placed my stop and only lost 3%. Always place stops in this has saved me so many times!!!!

Both Nikkei closed -11% and Hang Seng down -7% on Oct 16. This will pull the market down a little more. I also placed long buys on SSO and QLD near the lows of Friday with stops just below hoping this is a temporary bottom and playing for a bounce up.