SPDR S&P 500 ETF Trust


On August 8th I went short. **$SPY** has gone down 10% since. I closed my shirt positions but I’m afraid to even think about going long.

When will the time be right? I think it is when the FED will change course. What do you think?

That's my plan too. I expect we have more pain ahead, but I do anticipate a short term bounce soon.

Here is when history has said to go long and that is after the Fed pivots.
![Image upload](https://cdn.commonstock.com/69c12a5021ab3b32f83803c571b213663c6f4fd9b35a8e2496bd4c5c2f276965-1170x712.png)