Deus

SPX500 Daily Chart

FX:SPX500   S&P 500 Index
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12
SP500 price action makes me believe we are approaching a cliff in a third of third of C wave. If so it is time to hoard put options.

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I'll add to my current shorts if price reaches 3235-3245. FED event today may be the one to give this opportunity. The fall is delayed a lot and it should be the time.
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Deus Erland
@Erland, irevised the chart I guess the fall is delayed until jobless claims
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@Deus, Yes, very possible as Fed decision is one volatile action but hopes for continuing decline in jobless claims and economy recovery is more important to allow rise in S&P. Lockdowns are coming again in EU and eventually some form in US, some airlines are already cancelling flights in end August.
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