• Get 30-Days Free → “The Macro Show” With CEO Keith McCullough

    Turn off the CNBC nonsense. Proactively prepare your portfolio. Get 30-days free access to The Macro Show —no credit card, no strings attached. The smartest market TV available.

The quantitative setup for the US market has returned to negative, but the range is tighter and the next low is likely going to be higher. I mentioned this in the prior TED Spread post - here are our S&P500 levels associated with that immediate term "Trade" call:

Sell "Trade" = 967.86
Buy "Trade" = 862.72

This market is to be traded, aggressively, with an appropriate amount of powder saved for down days.
KM