SPDR S&P 500 ETF TRUST
Short
Updated

Rest in Peace Bull.

292
If 200 DMA slope starts to point downward, this will be a cold summer for stocks.
Short term, 260
Long term bet 185

Let's say we get to 3k or 31k or even 35k, the faster we deviate from the norm,
the sharper the downfall, so my bet is on the downside
RIP Bull.
Note
JPMorgan just cut its 10-year Treasury yield forecast to 1.75% at year-end, compared with 2.45% previously and 2.13% on Monday in Asian trading.
Note
June 3 - Morgan Stanley has warned that investors continue to underestimate the situation.

It sees a global recession within nine months if Trump imposes 25% tariffs on an additional $300 billion of Chinese exports and Beijing retaliates
Note
pbs.twimg.com/media/D8QhBI9V4AAFpA6.png:large As you can see, the percentage of BBB corporate bonds increased above the percentage of AAA-A debt. That leads you to believe corporate debt quality is a huge problem. --- Something that has never happened before

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