This is PRS's first official guidance on the SP500.
Intermediate regressions say 2885 is a no brainer. Will update as often as I can.
Intermediate regressions say 2885 is a no brainer. Will update as often as I can.
Note
Until 6/26, ES as some fight left in it. But should only provide a better entry for this short. Note that it's near where the bold gray levels out and curves down.Note
UPDATE MONDAY POST MARKETUPDATED REGRESSIONS SAY ES RUNNING OUT OF TIME. SHORTING AT TUESDAY MARKET OPEN IS FANTASTIC R/R UNLESS IT DRIVES TO 2175. IN THAT CASE, DON'T SHORT ES, WOULD STILL SHORT SMALL CAPS.
Note
I really should have put the bounce in first to be more specific.Note
Several opportunities to close ahead now. Lets just call this a win. Still targeting 2920. I just dont have time for it anymore.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.