This very morning, we predicted on the website that S&P 500 could correct to 5115. Just now, S&P 500 made a low of 5119 where we covered our short positions. We took this particular short position at 5715 /before Trump’s historic speech. Our subscribers have been originally short in S&P 500 (Cash) at 6100.
In today’s session, Russell made a low of 1781, Nasdaq made a low of 17517 and Dow made a low of 38823.
Market Update: After covering the short position in S&P 500 at 5119, we bought put options on S&P 500 at 5250 (strike 5000). Indices closed at the following level on Friday – S&P 500 : 5062, Dow: 38227, Nasdaq: 17353, Russell: 1821. Covered the short position of Russell at 1782.
What will happen ahead? When will market reverse?? The ongoing crash was forecasted in the Annual Letter 2025.