I've been short spy since April pre rate hike
Unfortunate traditional Markets are lame and don't allow Open market participation so this is more of a
Paper trade but relates to over all Risk and equity Markets so its applicable to my Trading and over all parameters for Risk on assets
We are at Mid price and can still go 60 points lower to retest the Covid bottom
it might not hit but More downside is still Likely
opening shorts here is higher risk
But as long as the fed keeps killing equity it is still the trend
God speed fellow Traders
Unfortunate traditional Markets are lame and don't allow Open market participation so this is more of a
Paper trade but relates to over all Risk and equity Markets so its applicable to my Trading and over all parameters for Risk on assets
We are at Mid price and can still go 60 points lower to retest the Covid bottom
it might not hit but More downside is still Likely
opening shorts here is higher risk
But as long as the fed keeps killing equity it is still the trend
God speed fellow Traders