With the S&P 500 showing extreme overbought conditions, i believe that buying some SDS(Double short SPY) right here would make sense ! I would use the $96 level on the SPY to book profits on SDS. (This is only a short term trade).
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With the S&P 500 showing extreme overbought conditions, i believe that buying some SDS(Double short SPY) right here would make sense ! I would use the $96 level on the SPY to book profits on SDS. (This is only a short term trade).
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