Hi everyone,
SPX sold off again, and we’re continuing in this chop. Since early June, aside from four trending days at the beginning of August, this has been our destiny. We have PPI/CPI this week and FOMC next week, plus it’s midterms. Honestly, this is expected price action until then, when the market gets some certainty. Plus, the war with Iran doesn’t make it any easier. Read the full report from Sunday.
I welcomed a baby boy on Sunday, September 6th. He’s healthy and sleeps a lot and I’ll keep writing updates as usual. We also have an active options trader in our Discord. If you’d like to take advantage of our Labor Day / back-to-school discount, use code LIASK20 for 20% off both Substack and Discord. Upgrading to yearly comes with an even larger discount on both (almost 40%).
Now, let’s look at SPX levels and the updated trade log.
