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Bears in control!!!

Short
S&P 500 Index (FX:SPX500)  
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FX:SPX500   S&P 500 Index
SPDR S&P 500 ETF (SPY) S&P 500 (SPX500)
1
0
spy spx500

SPX could retrace 50 or even 62%- is it possible?

for "Christmas really" - why not buy at lover levels:)
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