Signals emerge to SHORT the market?

[larryatgc]

Last week, following a signal from my system to SHORT the market, I purchased an XSP Aug 16 '24 543 Put. The S&P 500 Mini Index (XSP), its options can be traded almost throughout the day, still has relatively low implied volatility (IV). This makes the risk-reward ratio for this trade quite attractive. We’ll see how the market performs.

[larryatgc]

This is the final update regarding this position. Over the past week, I achieved a 111.62% return by shorting the S&P 500. I have now closed this position and will be using the profits to continue shorting the S&P 500 at NO COST. I will provide updates on the new position in a separate post.