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Short US500 | The triggers for the next 18% drop

Por N_I_G
The US500 futures have declined about 18% during the past year's bear market. Most of the index's constituents are overbought and signal a top from here. VIX has been oversold for some time and is due for a rally higher. GDP numbers may have eased recession fears but Inflation remains high, If PCE numbers fall below expectations, this could trigger the next +/-18% decline.
Trend Analysis
N_I_G

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