We're still holding the trend line at 446 on a closing basis, making me think a real bounce is coming. If we were to break below 422 though, I may reconsider depending on the strength. This trend line is coming out of October lows and a break would signal a massive trend change on the daily and weekly time frames. I do believe it's coming but unlikely to come on the first attempt. I'm sticking to my strategy of adding UPRO as close to 422/trend line as possible and SPXU will be added on a bigger bounce or break down below 422.
Trading plan tomorrow is to trade the chop between 426 and 427.54, until one breaks. Next resistance above is 429.70 and next support below is 421.82. Good luck to all!