S&P500 Update

To be clear, we are still short the S&P500 and inttend to remain short for the weeks leading up to Christmas. The market failed at the descending resistance, highlighted on our post on 1st December and short-term indicators are now pointing lower. Both of which underline the quality of the thinking behind this trade.

I received a mail from a flatbook reader recently asking for proof that we take our trades. In response to said reader's email, please see below, a screenshot belonging to a key flatbook contributor. She currently holds one position: an S&P500 short on the back of our call on 1st December.

Wishing you all well this festive period!