This thing shorts the S&P 500 at a rate of X3, but again it falls at a rate of 3X as well so great care is needed (especially if using a margin account!). Remember that when things get start getting back to normal - even a hint of the trade deal working out between Trump and China....take your profits and bail!
So far buying every evening and selling at every daily high has been the ticket, but watch on Monday because it could very easily turn into a holding position due to the US 25% Chinese Tariffs going into effect at 12:01 AM Friday morning.