Just fired up the computer - Ouch! - I had a feeling this would happen what with bullish July 1st seasonality and $85bil/mo POMO, but ya can't always trust or trade feelings. Both TZA and UVXY are taking a huge hit.
Systems were giving short signals a short while ago, but have reverted back to hold signals. Either way, all systems remain 100% short. I see no reason to deviate yet. My guess is a few more days of strength followed by significant weakness into the 2nd weak of July. We'll see. Take it easy. J