Fall without the fear

Time to drift lower?

Long SPX in June hasn't been a great trade on average over the past 20 years.

Source: Equity Clock

Down, but without the panic

Source: Refinitiv

Monetizing already?

Source: Refinitiv

Challenging liquidity

Source: TS Lombard

What if narrow isn't that bad after all?

Source: BMO/John Authers

Europe puking

Source: Refinitiv

European shorts

Source: Barclays

European risk spiking

Source: Refinitiv