Hammy Trade: Sell SSO

This was a "cover" buy to cover my SDS position. Instead of getting long more SDS, I decided to just get rid of the hedge. 

Why I think the market will go lower: We are up to strong resistance at s&p 805. I got "re-long" SDS at around 797.. so there may be some pain going back up, but we'll see how it goes. VOLUME IS LIGHT for a 4% up day! 

At what point my assessment on the market will be shown wrong: If the S&P breaks resistance at 805, I will be shown wrong that it is going to break down at that resistance. At that point, I will consider getting long SPY.