This post was just published on ZYX Short Sell Change Alert.
Consider initiating or adding a 20% tranche to SPY short in the zone of $210.50 to $213.40. Stops and targets later. Use your own risk tolerance to determine the total position size. Obviously shorting SPY when the market is running up has high risk.
Please understand this is a longer term position and not a very short-term trade.
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