SPX: Yield inversion descending triangle
take the long on SPY. JNK and other high yield assets are continuing their bleed, which could mean that any type of positive reaction here will result in a dead cat bounce.
Take the SPY long, and then look for a put to offset any downside risk.
Take the SPY long, and then look for a put to offset any downside risk.
Note
cover out long. get short (or long an inverse ETP or put)
Note
short market, long vol
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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.