xCal

The Bear is Foraging

Short
SP:SPX   S&P 500 Index
Continuing on from a previous post, it looks like the yellow or green route stated before is taking place. Oil crisis is what they will tell you the reason for the most imminent downturn will be over the next two weeks but it's really a bigger picture of the entire economic situation at play. I'm thinking September will be the peak of this global crisis event (hopefully sooner). I'm currently watching the VIX for movement indications. It has made a strong upturn recently. target roughly 2150 S&P 500.
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