So Far So Good, Careful Here

180 on the SPY is way below us now, so I am raising cash and building up a hedge in the TZA in case we reverse at these levels.

It was a nice bounce, but we are still in a downtrend and up against resistance, as indicated by the red arrow in the chart below.

Jim always has some good bearish sentiment in case you are feeling too well today.

100% chance of recession, says Jim Rogers.


SPY at resist


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