S&P 500 Short Position

Prices are oversold, in the past, we have seen a bounce or more from these conditions.

Prices are oversold (red arrows), in the past, we have seen a bounce or more from these conditions. I sold 75% of my shorts (futures) in the S&P 500 at 2,083.50. I may look to reenter if we get a bounce.

Note: I’m not buying, simply taking profit.

spy

 

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