CTA基金已最牛 (Patreon)

I forgot to include the following chart in the video. It shows the connection between the change in Fed reserves and S&P500 (with 1 month lag). 

Following the mini banking crisis in March, Fed eased financial conditions. But that liquidity surge is now over.  Based on historical behavior, this is bearish for the market in the coming month. 

#SPOT, HUBS, LVS, ONON, CAC, GOLD, BTC