Gotta love ZERO RISK in the SP500 = $$$

Huh? What drop?

 

SP500 futures, three charts, day, week, month.

 

Can anyone spot the US market? It's all the way down near the bottom.

 

is this for 2017? For example, I see that FTSEMIB is up around 16.6%, DAX 13.3%, IBEX 8.9% yet Spain is ahead of Germany and Germany ahead of Italy. Greece hasn't been wiped out this year either. HK performance is closer to 30% than it is to 5%, too..

I'd also add that S&P is 14.2% up and eurostoxx50 9.85%, so european performance as well performance of many other markets is due to USD weakness.

 

14 Day RSI on Monthly is the highest its been in the last 17 years, thats as far back as my charts go.

 

Just bought some es put options. I don't believe it will rise forever.

 

These are the country ETFs that may be off from where the cash indices are at.

 

And that information and $3 won't even get you a coffee.

 

Here is a 25 year SPY chart the last time SPY was this overbought was 1996. Note it stayed overbought for the next 4 years.

 

Scary looking chart for the shorts. But hey, it is zero risk. Look at 2008. There is SO zero risk there. We need to just put all into long on ES futures with 3-6 months expirations. Surely they will never go down below entry before expiration! NEVER!