Fed is printing and $USD has lots of room to decline. But, there's too much speculative leverage per equity P/C and not enough breadth recovery to support this megacap blowoff. High risk until August or at least 6% discount on S&amp;P 500 Index basis. Then, we reevaluate... $SPX https://t.co/SBrCX9ESqG https://t.co/puQvYMDPcA