Short the Russell
The market is perpetuating low risk taking which makes the Russell a better broad index short than the S&P500. There's more room to the downside for this one to play out. We suggest a smaller position to which one can add incrementally after it makes it's move. The stop loss can also be moved closer to Breakeven to improve on the Ratio.
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.