IC50_50

Short SPX

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TVC:SPX   S&P 500
I have been patiently waiting to short SPX. The overnight ES session looks juicy. If we close below 4380 tomorrow, likely the decline will start next week. Now holding UVXY 35% and 5% SPXS at slight loss. Looking for a 5% + pullback and one more UVXY pump ~35% at least. Bias toward a weekly big red candle next week. If I am wrong, probably need to cut loss and long SPX again. Next opportunity should be end of August. Always protect your capital and profit first

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