Opinion on  UltraShort SmallCap600 ProShares (SDD)
Short Term Market Pullback!

The S&P 500 closed at 768.54 down 15.50 (1.98%).  If the S&P 500 breaks below 760, we could see a move down to 740.  The Dow closed at 7278.38 down 122.42 (1.65%)  The Russell 1000 closed at 417.54 down 8.69 (2.04%).  The Russell 2000 closed at 400.11 down 13.15 (3.18%). 

Next week will decide the extent of this short-term pullback.  With March 31 fast approaching, I would expect to see all the markets make a nice move off the lows which will probably occur some time next week.

After this next pullback we should see a rally back to 8,000 on the Dow and 800-820 on the S&P 500.  The Russell 1000 & 2000 should perform similarly.