Long SPXS for lower risk short play on the SPX - Big payoff!

We have back to back reversal weeks and starting with the Sunday opening we will be reversing from the sloppy rally we had this week. With China trying to retaliate, I believe we get a sharp sell off. And risk is limited to the upside at least I cannot see this market breaking much higher than 2939 area of the ES this morning.

Transaction en cours:

Holding and expect a good bounce which as mostly happened overnight. Much much lower price on the underlying SPX!

Commentaire:

Holding for a return to Mondays pre-market lows.

Ordre annulé:

Standing aside - market is not moving down as expected and may move above 2900 on the SPX again.