S&P 500 IndexShort
Time to hedge your fomo longs
Epic New Years party is over, time to start hedging and taking profit:
-Larger TF fairly overbought
-Near tip of meme wedge
-US/China trade deal excitement wearing off (probably)
-Length of US government shut down?
Currently scaling into short positions through puts, S&P futures and bear ETFs. Not panicking until over 2650.
-Larger TF fairly overbought
-Near tip of meme wedge
-US/China trade deal excitement wearing off (probably)
-Length of US government shut down?
Currently scaling into short positions through puts, S&P futures and bear ETFs. Not panicking until over 2650.
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