by The Trader, thetrader.se

Have we learnt any­thing from last cri­sis, or is it merely another same same sit­u­a­tion set­ting up like 07/08? People’s psy­chol­ogy, and stu­pid­ity, remains the same. With lever­age once again at high lev­els, the mar­ket could be up for some rock and roll if 1295 is taken out on the SPX.

Although we are long term bear­ish, we expect the mar­ket to hold these lev­els and expect the big drop later this autumn. For the big move down, every­body needs to be long, and wrong…..

Charts, Macro Story

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