The CS data this morning was SOOOO bad, and I believe the only thing holding the market together is the momentum we had going before today and thinking that the FOMC meeting minutes are going to somehow save us.
I do rarely make calls because there is so much uncertainty out there, but I'm going to make one. I believe the market zig zags around 2:00, then starts a decent that lasts the rest of the day. How far down we go, I can't call, but at least -150 on the Dow. I would still be a buyer of TZA into that, as it is a good set-up for a 180 in sentiment leading into the PMI and jobs fails later this week.