US Equity Markets Slide Toward Projected Levels
In our previous post, we clearly highlighted the developing downtrend in the US equity markets. Well in advance, we had indicated that the S&P 500 could correct toward the 6500 level. Based on this outlook, we initiated short positions in S&P 500 (Cash) at 7050, Dow (Cash) at 50000, Russell (Cash) at 2700, and Nasdaq […]
