SPX Fair Value Bands

Updated
Look to short with size around 4k/4100 SPX. Reaction to 7.7% CPI is unjustifiable. We have another covid surge right around the corner that makes this position more attractive.
Note
Not discounting the possibility that SPX sees 4200-4250. Will have to be very patient here irrespective of how attractive the VIX and SPX look right now.
Fundamental AnalysisSPX (S&P 500 Index)

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