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S&P 500 Index
Short
Aug 9, 2021
SPX ready for a crash
3
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Reasons or observations for my idea:
Divergence between DJT (falling) and DJI (rising)
Rising DXY
Blowoff top in SPX (extreme vs current economic situation)
Delta variant and continued corona crisis
Destabilizing debt markets
HYG (high yield corporate bonds) on brink of collapse
BTC dropping below its 21W EMA
Nextep
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