short ESZ8 Since our purchase last week, the S&P500 has rebounded by 150 points. Following our pattern (2016 and feb2018), the upside should be limited: we sell half here and another half at 2850. You Might Also Like Close short on XLF December 20, 2018 Vix is back to low range of the new Vol regime: Buy convexity May 26, 2018 we stop our long trade in Inditex September 4, 2018