Today's move down after the open took me a bit by surprise. I thought perhaps the market was going to break neckline and make a wicked H&S. Instead, I decided that there were some bullish divergences forming so I took a UPRO position.
Currently sitting with UPRO and holding into tomorrow. The timing window is EOD 8/14. The next one after that is EOD 8/16 or open on 8/19.
My gut instinct is telling me markets are making one final attempt at the high. We still have this open gap at ~1705. Hoping that gets filled. That may be an ideal target for this last attempt up.