S&P500 (If this you are sweating, you are overexposed)

Updated View On S&P 500 (4 Sept 2020)

Let it be clear. The only reason of the strong bull run on SP500 for the last 5 months is the unprecedented money printing/dilution of money supply by FED.
So, it is not that the companies getting valuable, it is rather than the money that can be paid to acquire the share price is getting less valuable.

And we are seeing some toppish condition right now.

The underlying is more or less that same, that's means we can assume the current selldown can be viewed as more of the routine pullback. We have to see.

We expect it can go to 3350 region first as the sell momentum is rather strong for now.


And finally, if the current pullback have made a big dent in your portfolio as HUGH drawdown, you are clearly overexposed and sooner or later the market will eat you up.
So please work on your risk management segment instead of learning on trading entries/methods alone.


DYODD, all the best and read the disclaimer too.
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Thank You!

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