This is PRS's first official guidance on the SP500.
Intermediate regressions say 2885 is a no brainer. Will update as often as I can.
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Until 6/26, ES as some fight left in it. But should only provide a better entry for this short. Note that it's near where the bold gray levels out and curves down.
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UPDATE MONDAY POST MARKET
UPDATED REGRESSIONS SAY ES RUNNING OUT OF TIME. SHORTING AT TUESDAY MARKET OPEN IS FANTASTIC R/R UNLESS IT DRIVES TO 2175. IN THAT CASE, DON'T SHORT ES, WOULD STILL SHORT SMALL CAPS.
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TYPO UNLESS IT DRIVES TO [3175]...
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I really should have put the bounce in first to be more specific.
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Several opportunities to close ahead now. Lets just call this a win. Still targeting 2920. I just dont have time for it anymore.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.