Some quant studies I've seen today suggest we should see a 1-day bounce tomorrow. My system supports that by giving a buy signal today. The remainder of the short position will be closed and the system opens a 100% long TNA position.
It won't take much to flip the market back to unhealthy mode... just a breach below SPY 135.76. Nice to have a relatively tight stop when the apparent downside risk is elevated.
See ya tomorrow.