With so much complacency around, time to hedge and swing！

  Note: The screenshot of Tuesday ’ s warnings & predictions is at the end. This Tuesday night, I mentioned the following warning signals and predicted that “ around Thursday or after, the equity market trend will likely reverse lower ”: 1. This Friday ’ s CPI prints will very likely remain high ( very strong energy 、 food & housing prices ， and high inflation expectations) ； 2. For the Fed ’ s interest rate meeting ended on June 16 th ， the FOMC dot plots will very likely show that, there will be a rate hike this September （ most likely 50BP ） which is quite different from what the market had expected since the market low on May 20 th ； 3. V ery likely some Q2 quarterly report pre-warnings ； 4. U ncharted waters ahead during the historical big Fed ’ s balance sheet reduction era ； 5. 10-year yield around 3% again ； 6. R ising 5 and 10-year real interest rates, with more room to the upside for the next 3 months or so ； 7. W idening high-yield credit ...