January ending & seasonality played out perfect - as posted, back half of Jan bearish & $SPX sold
If it keeps tracking: Seasonals turn bullish mid next week for 2 week rally. *However* - price comes 1st. Unless it clears that 200dma, risk of another low (4160s) before Feb bounce
๐จ๐จI'm sorry but this is just too fucked up to not write about.
Bill Ackman is a member of the "Investor Advisory Committee on Financial Markets" of the New York Fed.
https://t.co/WfzXldJJ6f
What is the IACFM? Honestly, I didn't know until today...
(thread๐)