SPY continues to reject at 470

١٣ ديسمبر ٢٠٢١

The VIX play may be coming into play. When controlling for M2 money supply, SPY is yet to close above monthly high set in 2019. I am bearish till be close above 480 on SPY. Will long UVXY for VIX exposure when I see a size-able dip on VIX again.