USLV testing resistance after yesterday's pop

Interesting to see $USLV pushing up to that 16.19 level today after the strong move yesterday. It's been a tough resistance zone for a while now, and a clear break and hold above it could signal some continued momentum. On the flip side, a rejection here, especially if we close back down towards 15.50, would indicate this was just another failed attempt and could see it revert to its recent range.