It’s a pleasure to wake up to a sea of red this morning. But what’s the saying? Red sky in the morning, sailors take warning; red sky at delight, the Fed really bites. Something like that.
But as a person who went out of character and bought a LOT of relatively short-dated SPY puts yesterday morning, I was slack-jawed to see that the ES hit my trendline to the freakin’ pixel.
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