Bought 20% size of TZA @ $12.34 Stop @ $11.97 Target @ $14.50 TZA is an inverse etf of the RUT small caps index. We are testing this old resistance level here, with additional resistance coming from the falling 50-DMA. If the market continues to push higher, our stop is close at just 3% risk on the trade. We like the reward-to-risk from here.