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battery514

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  • S&P Shows Bullish Bias, But Breadth Is Deteriorating [View article]
    I have been writing in my blog for the past few weeks that I believe a correction is coming, but most likely not until next year. Not only is breadth deteriorating, as the article states, but sentiment data, the overall market put/call ratio, and the $VIX are all getting to unsustainable levels. I am expecting an 8-10% correction, and bought an $SPY PUT spread to play the move.
    Dec 19 10:42 PM | 2 Likes Like |Link to Comment
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