SPX heading down to 2000..

2020年9月12日

On today's close, the uptrend that began in April is now over based on the intermediate term EMA cross. There are several factors which I would conclude are ripe for a major decline in the S&P 500 of which include:

- Upcoming election in the US
- Global economy mired in recession/depression
- Massive overvaluation
- Poor internals
- A few select stocks (FANG) leading the capitalization weightings
- Overall bearish seasonality

We will be taking short -5x ES contracts (-1x SP CME) on Sunday evening. Target is 2000 on the SPX with a slight possibility of a major reset down to 1550-1650 range if the panic is strong enough. VIX 100+ is possible during this timeframe. Buckle up and get ready. USD cash will be the strongest asset. All else (gold, bitcoin, commodities, etc.) are going to get hit BADLY...

2020年9月14日

交易進行

Opened short from 3358.25 averaged in price. Should ES gather upside momentum over 3400, then we will cover and re-evaluate..

2020年9月28日

手動結束交易

Covering @ 3298.25 for a small profit. Bears just don't seem to have the pressure/force to push prices down at the moment. Possibly due to intervention from the higher powers..