The S&P 500 recently broke support and is now-- as of this writing-- lingering just below its 200-day simple moving average (SMA). Though there is hope for our equities markets to stay strong throughout the year, a major break in support raises a big red flag.
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If the S&P 500 continues to fall, breaking its 200-day SMA, additional support will likely not be found until the index reaches the-- somewhat far off-- $1,200 level.
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As the red flag has already been raised with the S&P 500's recent break in technical support, a further fall through the index's 200-day SMA will likely send investors running for the hills; i.e. into cash or other hedge investments.
Inverse exchange traded funds move inversely to the index of which they track and, therefore, can be a good option for those looking for this kind of hedge. Below is a list of 83 inverse equity ETFs, sorted by their tracked index:
| Alerian MLP Infrastructure Total Return Index | MLPS | E-TRACS 1xMonthly Short Alerian MLP Infrastructure Total Return ETN |
| Bank of New York Mellon BRIC Select ADR Index | BRIS | Direxion Daily BRIC Bear 2X Shares |
| Bank of New York Mellon China Select ADR Index | YANG | Direxion Daily China Bear 3X ETF |
| DAXglobal Agribusiness Index | COWS | Daily Agribusiness Bear 3x Shares |
| DAXglobal Russia Index | RUSS | Daily Russia Bear 3x Shares |
| Dow Jones Industrial Average | SDOW | ProShares UltraPro Short Dow 30 Fund |
| Dow Jones Industrial Average Index | DOG | Short Dow 30 Proshares |
| Dow Jones Industrial Average Index | DXD | ProShares UltraShort Dow 30 |
| Dow Jones U.S. Basic Materials Index | SBM | ProShares Short Basic Materials |
| Dow Jones U.S. Basic Materials Index | SMN | ProShares UltraShort Basic Materials |
| Dow Jones U.S. Consumer Goods Index | SZK | ProShares UltraShort Consumer Goods |
| Dow Jones U.S. Consumer Services Index | SCC | ProShares UltraShort Consumer Services |
| Dow Jones U.S. Financials Index | SEF | ProShares Short Financials |
| Dow Jones U.S. Financials Index | SKF | ProShares UltraShort Financials |
| Dow Jones U.S. Health Care Index | RXD | ProShares UltraShort Health Care |
| Dow Jones U.S. Industrials Index | SIJ | ProShares UltraShort Industrials |
| Dow Jones U.S. Oil & Gas Index | DDG | Short Oil and Gas Proshares |
| Dow Jones U.S. Oil & Gas Index | DUG | ProShares UltraShort Oil & Gas |
| Dow Jones U.S. Select Telecommunications Index | TLL | ProShares UltraShort Telecommunications |
| Dow Jones U.S. Semiconductors Index | SSG | ProShares UltraShort Semiconductors |
| Dow Jones U.S. Technology Index | REW | ProShares UltraShort Technology |
| Dow Jones U.S. Utilities Index | SDP | ProShares UltraShort Utilites |
| FTSE/Xinhua China 25 Index | FXP | ProShares UltraShort FTSE China 25 |
| FTSE/Xinhua China 25 Index | YXI | ProShares Short FTSE China 25 |
| Health Care Select Sector Index | SICK | Daily Healthcare Bear 3X Shares |
| Indus India Index | INDZ | Direxion Daily India Bear 2X Shares |
| ISE-REVERE Natural Gas Index | GASX | Direxion Daily Natural Gas Related Bear 2x ETF |
| KBW Regional Banking Index | KRS | ProShares Short KBW Regional Banking |
| Materials Select Sector Index | MATS | Daily Basic Materials Bear 3X Shares |
| MSCI Brazil Index | BZQ | ProShares UltraShort MSCI Brazil |
| MSCI EAFE Index | DPK | Developed Markets Bear 3x Shares |
| MSCI EAFE Index | EFU | ProShares UltraShort MSCI EAFE |
| MSCI EAFE Index | EFZ | Short MSCI EAFE Proshares |
| MSCI EAFE Index | MFSA | iPath Short Enhanced MSCI EAFE Index ETN |
| MSCI Emerging Markets Index | EDZ | Emerging Markets Bear 3x Shares |
| MSCI Emerging Markets Index | EEV | ProShares UltraShort MSCI Emerging Markets |
| MSCI Emerging Markets Index | EMSA | iPath Short Enhanced MSCI Emerging Markets Index ETN |
| MSCI Emerging Markets Index | EUM | Short MSCI Emerging Markets Proshares |
| MSCI Europe Index | EPV | ProShares UltraShort MSCI Europe |
| MSCI Japan Index | EWV | ProShares UltraShort MSCI Japan |
| MSCI Mexico Investable Market Index | SMK | ProShares UltraShort MSCI Mexico Investable Market |
| MSCI Pacific ex-Japan Index | JPX | ProShares UltraShort MSCI Pacific ex-Jpn |
| MSCI US Broad Market Index | TOTS | Daily Total Market Bear 1X Shares |
| n/a | HDGE | AdvisorShares Active Bear ETF |
| NASDAQ Biotechnology Index | BIS | ProShares UltraShort Nasdaq Biotechnology |
| NASDAQ-100 Index | PSQ | Short QQQ Proshares |
| NASDAQ-100 Index | QID | ProShares UltraShort QQQ |
| NASDAQ-100 Index | SQQQ | ProShares UltraPro Short QQQ Fund |
| NYSE Arca Gold Miners Index | DUST | Direxion Daily Gold Miners Bear 2x Shares |
| PHLX Semiconductor Index | SOXS | Direxion Daily Semiconductor Bear 3X Shares |
| Russell 1000 Energy Index | ERY | Daily Energy Bear 3x Shares |
| Russell 1000 Financial Services Index | FAZ | Direxion Financial Bear 3X Shares |
| Russell 1000 Growth Index | SFK | ProShares UltraShort Russell 1000 Growth |
| Russell 1000 Index | BGZ | Direxion Large Cap Bear 3X Shares |
| Russell 1000 Index | ROSA | iPath Short Extended Russell 1000 TR Index ETN |
| Russell 1000 Retail Index | RETS | Direxion Daily Retail Bear 2x Shares |
| Russell 1000 Technology Index | TYP | Direxion Daily Technology Bear 3X Shares |
| Russell 1000 Value Index | SJF | ProShares UltraShort Russell 1000 Value |
| Russell 2000 Growth Index | SKK | ProShares UltraShort Russell 2000 Growth |
| Russell 2000 Index | RTSA | iPath Short Extended Russell 2000 TR Index ETN |
| Russell 2000 Index | RWM | Short Russell 2000 Proshares |
| Russell 2000 Index | SRTY | ProShares UltraPro Short Russell2000 Fund |
| Russell 2000 Index | TWM | ProShares UltraShort Russell 2000 |
| Russell 2000 Index | TZA | Direxion Small Cap Bear 3X Shares 2013 Russell 2000 |
| Russell 2000 Value Index | SJH | ProShares UltraShort Russell 2000 Value |
| Russell 3000 Index | TWQ | ProShares UltraShort Russell 3000 |
| Russell MidCap Growth Index | SDK | ProShares UltraShort Russell MidCap Growth |
| Russell Midcap Index | MWN | Direxion Daily Mid Cap Bear 3x Shares |
| Russell MidCap Value Index | SJL | UltraShort Russell Mid Cap Value Proshares |
| S&P 500 Bull/TBond Bear Index | FSA | FactorShares 2X: TBond Bull/S&P500 Bear |
| S&P 500 Index | RSW | Rydex Inverse 2x S&P 500 ETF |
| S&P 500 Index | SDS | ProShares UltraShort S&P 500 |
| S&P 500 Index | SFSA | iPath Short Extended S&P 500 TR Index ETN |
| S&P 500 Index | SH | Short S&P 500 Proshares |
| S&P 500 Index | SPXU | ProShares UltraPro Short S&P 500 |
| S&P 500 Total Return Index | BXDB | Barclays Short B Leveraged Inverse S&P 500 Total Return Index |
| S&P 500 Total Return Index | BXDC | Barclays Short C Leveraged Inverse S&P 500 Total Return Index |
| S&P Latin America 40 Index | LHB | Direxion Daily Latin America Bear 3x Shares |
| S&P MidCap 400 Index | MYY | Short MidCap 400 Proshares |
| S&P MidCap 400 Index | MZZ | ProShares UltraShort MidCap400 |
| S&P MidCap 400 Index | SMDD | ProShares UltraPro Short Mid Cap 400 Fund |
| S&P SmallCap 600 Index | SBB | Short Small Cap 600 Proshares |
| S&P SmallCap 600 Index | SDD | ProShares UltraShort SmallCap 600 |
A full list, including Alternative, Bond, Commodity, Currency, Equity, and Real Estate inverse ETFs can be found at http://www.epsilonfinancial.com/research/
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Additional disclosure: Inverse ETFs are generally suggested as short term investments only.
