UnknownUnicorn121770

SPX500 What are we watching 19W9

FX:SPX500   S&P 500 Index
1. We're seeing uncertainty between 2760-2810
2. A daily close above 2810 and price is within a potential lift area (accelerated price action or increased volatility)
3. 2810 is the pivot we're watching for direction

I'm 30% short and will add 20% @ ~2875
Comment:
Comment:
No further selling after Monday's sell-off indicates no willingness to movie price down (or up) yet. Might start moving closer to Mar19 option expiration

Comment:
Comment:
Closed half of my 30% short position. Looking to add short around 2770-2780 or ride the remaining 15% to ~2690

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