91/95 times in history. When the $SPX $SPY closes down 1.5% or more on a Friday. The lows from Friday are taken out on Monday. This data represents the Wall Street adage “Markets do not bottom on Fridays” We are down 1.61% right now.
https://x.com/TSDR_Trading/status/1905637456268959909
S&P500 closed at 5580.94 -1.97%
BTC has been weakening since Friday's close, so that is an indication.
So many short positions one can take up, not just BBUS & BBOZ.
AAPD - short on AAPL
BITI - short on BTC
FAZ - 3x short on banks
NVDQ - 2x short on NVIDIA
RWM - short on Russell 2000 small caps
SDOW - short on Dow30
SDS - short on S&P500
SOXS - 3x short on semis
SQQQ - short on QQQ (tech stocks)
TSLZ - 2x short on Tesla
I'm positioning modest short positions on these (for short term only) to hedge against (since) reduced equity % exposure in super (long term).
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