SPX Retraced to DOWNTREND Line - Short it from the Fib

11 set 2022

C.P.I number will be a catalyst ....and since the FEDS are signaling another .75% hike next following week
This bounce had no Volume to support it
FOMO retail
Now we are done and can see a Red Week
Moving Averages become the resistance on the way down
ES FUTURES ROSE FURTHER AND TOUCHED .618
Es1 and QQQ @307 AND US100 rose to June resistant Levels --
Huge Bear Flag on the Futures
See attached idea

• 
  Headwinds To overcome
  Fed Trillion Dollars of Bonds to UNLOAD on a Falling Bond Market
  Fed Raising Rates – Devalue the Growth Stocks
  Europe De-industrialization – Recession
  China Real Estate Meltdown
  Energy Crisis – Destruction of Consumer Spending
  Strong Dollar – Hurts US Sales – Exports
  Rising rates – Real Estate Melt Down
  

A song for times as these

And the solid candles' red glare, the gamma bursting in air,
Gave proof through the night that our SHORT was still there.
O say, does that open Put yet wave
O'er the land of the free and the home of the brave?

11 set 2022

Trade attivo

Short QQQ and SPY options. EOM expiration

15 set 2022

Trade attivo

May close out after FOMC