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Rocketman
Nov 10, 2015 4:47 AM

SPY: Short My World Short

SPDR S&P 500 ETF TRUSTArca

Description

Here is the long awaited short for the SPY. I am taking this weekly position based in SPXS, the inverse of the SPX for a bargain; that is, around 15 to 16 dollars.

This set-up is related to my analysis on the DOWI. My short sentiment for the SPX is inline with it as well.

Some other interesting articles to start a conversation
S&P 500: The Perfect Short: seekingalpha.com/article/3665306-s-and-p-500-the-perfect-short?auth_param=15d6os:1b417ut:6c1f274cd86d575fe9c2038826980413&dr=1

Short The S&P 500...Cautiously: seekingalpha.com/article/3629676-short-the-s-and-p-500-cautiously?auth_param=15d6os:1b39v41:2bdb8b2e3575ed86e28ac94178c58043&dr=1
Comments
claydoctor
next levels to watch? 200 day ma, then 204? me thinks.
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