SPXSPXUSDSSHSPY Our SL at 6105 was just triggered, but the current level offers an even better risk/reward. We’re re-entering a leveraged short on SPY, again setting the ATH as our SL. With a 99% chance of a 1-point rate hike by Japan tomorrow morning, and based on the last two rate hikes, the market is likely to face short term pressure
SQQQPSQSHSPXUSDOW Given the current data and oversold behavior across sectors, shorting now carries significant risk. Several major stocks are already flashing bottoming signals, and we could see a rebound next week that's sharper and faster than the last two
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SPY Our SL at 6105 was just triggered, but the current level offers an even better risk/reward. We’re re-entering a leveraged short on SPY, again setting the ATH as our SL. With a 99% chance of a 1-point rate hike by Japan tomorrow morning, and based on the last two rate hikes, the market is likely to face short term pressure
