AMEX:SPY   SPDR S&P 500 ETF TRUST
Hard to say what will happen next. We could see a false break out of the 430 level, or hit the 415 and then a violent rejection like it did before. But just by seeing the way it closed the past week, at least is going to try to break the 430 level, I expect more volatility that's why I protected my long positions selling covered calls. I'm not sure about a market crash yet, I'm not planning to go too short in the upcoming days.
Comment:
We may see a nice bounce this week:


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