I’m not sure if that if that popping sound is only in my head or happening in the markets? Is the S&P 500 about to pop following Brexit or will it be Fed-induced liquidity rallies as usual? We are long the S&P 500 via a put option spread but will exit at the first sign of failure. Also, the bond market ETF TLT has pulled back to support.
Todd Gordon
President/Founder
TradingAnalysis.com
