Two weeks ago, we described a coverage strategy for stock markets, highlighting the risks of a slowdown in consumption expenses and the vulnerability of the S&P 500 in terms of resistance of 5,700-5775, with a decrease target of 5,400. Since then, the S&P 500 Trust ETF SPDR (SPY) has decreased, lowering more than 10% of $ 500, validating our concerns. With this decision, we take profits on our spy May 16, 575 $ / 545 Post vertical position (a return on investment of 298%), which provided coverage against the drop in the portfolio. However, the lowering perspectives persist, motivated by climbing macroeconomic risks, including the latest tariff developments, concerns about the risk-free nature of American Treasurys and an economic slowdown in the United States due to the most aggressive samples in more than a century. We are now going to sales option bonuses with updated drop -down objectives for the S&P 500 which would effectively erase the rally led by AI of the last two years. The synchronization of the S&P 500 market, represented by Spy, broke below the level of support of $ 500, confirming a downward trend with significant decline. The rapid drop in the index compared to the resistance zone of $ 570 exceeded our initial objective of $ 540, and the technical configuration now indicates a drawback around $ 470 and $ 430, the alignment with the historic support levels of the beginning of 2023 and the end of 2022. The Vix Spied at 49 reflects the fear of the increased market and the high options for high options A timely moment to sell vertical vertical calls for exhibitions or vertical bear exhibitions. Market assessment and feeling The PE ratio in the long term of the S&P 500 contracted at 19.2x, reflecting the recent market decrease, but it remains 2% above the average to 10 years from 18.8x, which suggests that assessments are still at risk of additional compression in a slowdown saving. Damn thesis: slowdown in consumer expenditure: the index of future expectations of the Conference Board, which fell to a hollow of 12 years in March, continues to report a significant slowdown in consumer spending. Savings exhausted and the increase in debt, as the warnings of Delta, Nike and Walmart points out, exacerbate this trend. Price developments: On April 2, new prices were implemented, marking the most aggressive samples in more than 100 years. These prices should disrupt global trade, increase costs for businesses and further reduce consumer expenditure, adding pressure on business profits and economic growth. The concerns of the US Treasury: growing concerns concerning the risk -free nature of the US Treasury have become that aggressive tariff policies raise fears of inflationary pressures and the potential tax strain. This uncertainty erodes confidence in traditional security assets, contributing to broader instability in the market. Economic slowdown: the American economy should face a general slowdown due to these prices, which should reduce global demand, disturb the supply chains and increase costs. This environment threatens the prospects for the profits of S&P 500 companies, in particular those that depend on consumer spending and international markets. Technical unleashing: Spy rupture below $ 500 confirms a downward trend, with updated drop -down objectives of $ 470 and $ 430, levels that would destroy the rally led by AI of the last two years, reflecting the seriousness of the current market correction. Trade to continue looking for a downward exhibition while capitalizing on high options, we recommend selling a vertical increase on Spy with vertical credit @ $ 18.36. This involves: Selling $ 2,500 $ Call @ $ 2,6.04 Buy $ 23, 540 Call @ $ 7.68 The maximum award is $ 1,836 if the spy is less than $ 500 expiration. The maximum risk is $ 2,164 if the spy is more than $ 540 at the expiration. Consult this business with the prices updated on Play options. This strategy allows you to maintain a lower exposure when collecting a substantial premium due to the high volatility of the options market. With the technical distribution of Spy and the assembly of macroeconomic pressures, including the impact of aggressive prices, concerns of American treasury and an expected economic slowdown – this calls vertical positions to take advantage of more drops around $ 470 and $ 430, with a limited risk. Get your Pro Live ticket join us on the New York Stock Exchange! Uncertain markets? Win an advantage with CNBC Pro Live, an exclusive and inaugural event on the historic New York Stock Exchange. In today’s dynamic financial landscape, access to expert information is essential. As a CNBC Pro Auto, we invite you to join us for our first exclusive event and in person CNBC Pro Live in the emblematic NYSE on Thursday, June 12. 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Tariff tumult is likely to persist, and this option of options can be covered against the additional drop
