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Sucked in

SPX - right on it

SPX futures trading right on the 200 day moving average and the longer term down trend. Our squeeze logic from January 8 (here) played out very well. The set up from here is a lot "harder". Why not an overshoot to properly frustrate the crowd?

Source: Refinitiv
Source: Goldman
Source: Refinitiv
Source: BofA
Source: JPM/Bloomberg
Source: Morgan Stanley
Source: Refinitiv
Source: GS
Source: BofA
Source: Goldman