FundTalk

Tactical Short SPX with few reasons

Short
FundTalk Updated   
SP:SPX   S&P 500 Index
Weekly Price reach +2SD, expect “healthy correction” in near term to the middle of regression band. RSI and price pattern also tend to signal “Bearish divergence”

Fundamentally, earning already in the priced, as well as impeachment and virus relieve are also in the price. Trade war relieving also in the price.

Only FED super dovish and crazy balance sheet expansion that will bring SPX up without any healthy correction
Trade closed: target reached

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