15% Loss vs 30-40% reward. Massive short opportunity on SPY

٢٩ مارس ٢٠٢٣

The fundamentals of the US economy continue to deteriorate. Due to liquidity injections and seasonality, this could present an opportunity to short the market at great prices as I expect the market will head higher into the summer. Typically March/April & September/October are liquidity bottlenecks. Considering the Fed is continuing to tighten despite the red flags from the banking crisis and the bond market reaction to that crisis. I think I will average into this position as I've put on the chart.