SPY - Broad Market Analysis

We got the wide ranging move today…


There’s a chance for another big move next week, but that will of course depend on expected reports.
Monitoring Dark Pool volume helped me decide to stay on the trade this week.
You just don’t know what direction it goes, like poking inside a damp crevice, blindfolded.

SPY is back inside the Big Descending Triangle on the Daily Candles…


I’m not going to hold my breath for 400, though.
Will look to building on Puts if/when I see 390, monthlies.
Limit only to max total 1% of port.

3 Likes