Since the Dow & S&P were down so much today, I just made a simple bet end of day and picked up SPXL @ 40.50.  This is the S&P 3x ETF.  If the market does a quick +1% bounce in the morning, that'll be a 3% flip at the bell.

That went about as expected. SPY ended the day at 304 (S&P ~3040).

Tomorrow I think we'll be marginally up....maybe.  DIS just delayed their California re-opening.

Futures went pretty red last night. SPY now under 309

This market is sure looking iffy to me (on the long side), especially with the Fed pulling out just a bit.  

I am wanting to exit most of my positions and go cash gang.  

I continue to believe we channel in the SPY 300-320 range for a few more days.

COVID19 cases still spiking, especially in California....Reopenings are possibly getting rolled back to previous phases.

To counter my logic, the dollar is only weakening due to the printing going on - which by default will make stocks go up a certain amount on its own.