JonathanKrier

SPX: Yield inversion descending triangle

Long
JonathanKrier Updated   
SP:SPX   S&P 500 Index
take the long on SPY. JNK and other high yield assets are continuing their bleed, which could mean that any type of positive reaction here will result in a dead cat bounce.

Take the SPY long, and then look for a put to offset any downside risk.
Comment:

cover out long. get short (or long an inverse ETP or put)
Comment:
short market, long vol

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