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S&P 500 Futures - Jun 24

CME
Currency in USD
Disclaimer
5,080.75
-26.75(-0.52%)
Delayed Data

S&P 500 Futures Discussions

From 2870 I have been asking people to buy on every dip. Since 2980 its a no brainer. Just leave it long and u will reap profit doing nothing. 70% people is still shorting the market compared to 25% long. 1:3 ratio. It only can go up
ratio is simply not true
 maybe he just asked only 3 ppl
The put to call ratio is showing that the Bulls are letting their guard down for sure, believing that it will only go up in the tail end of a bear market rally is a receipe for disaster. People are short for a very good reason, many experts believe that this economic recession will not be a V like the US equity markets are currently pricing in. There will need to be some proper price discovery to the downside before the market decides the real direction. With the Nasdaq bouncing off ATH, Rusell at record PE valuations and the S&P getting rejected at the strong resistance of the initial selloff it is obvious a correction is needed from here even if you're a bull or a bear.
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