I think there's a chance of getting a slightly better price intraday sometime in SPXU (3x leveraged short SP-500), but the signals are getting strong there so I think I'll fill out that position here.
That also means the SPY or a less leveraged ETF like SDS could be used as well, overall we are still in very good position up here.
You might consider a partial entry if you like the idea and then add on any pullbacks, remember it is very early in the day so a lot can happen.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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