I am bearish given the macro env and how these environments play
out historically. But my shorts are light here. If CPI comes in a
tick lower than expectations then the delusional folks who think
this means fed rate cuts will power the index up. I imagine that
trend line will get pierced by the short coverers. I will short
heavy there. I sure as hell hope that plays out.
If CPI comes in good,the
Posted by arun on 11th of Jan 2023 at 10:15 am
If CPI comes in good,the squeeze is just going to be immense. Sentiment is still extreme. Too many Doom and Gloom doctors out there. I wish them luck
So many people watching this
Posted by curranjohn on 11th of Jan 2023 at 12:41 pm
So many people watching this obvious trend line.
https://stockcharts.com/h-sc/ui?s=SPY&p=D&yr=1&mn=4&dy=0&id=p94945487399&a=1327345144
I am bearish given the macro env and how these environments play out historically. But my shorts are light here. If CPI comes in a tick lower than expectations then the delusional folks who think this means fed rate cuts will power the index up. I imagine that trend line will get pierced by the short coverers. I will short heavy there. I sure as hell hope that plays out.
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