S&P 500 IndexShort
Phase one trade deal - sell the news?
The market has become quick to price news events and likely has done the same with the trade deal signing. Q4 earnings may also bring some pressure as the S&P is running hot on multiples. Defense is warranted.
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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.