The bears are launching a counter-attack. Will it work?

Time to hedge the downside

Bearish arguments once again sound a little more appealing. Some of them inevitably have to do with similarities with the August peak (yes, there are a few). However, given that it is a huge macro week, it is probably not the best risk/reward time to go outright delta-one short. We would prefer to implement our view via volatility markets. Let's have a look at the latest updates on why this rally might be coming to an end and how to hedge the downside.

Squeezes do happen in a bear market