Looks like we are in a bit of a downtrend since Monday's high... Barely holding the bottom of the longer term October uptrend... I'd like to see an attempt to break above the downtrend fail and then go long SPY puts around the area of rejection 3327 or so on SPX Nothing special 10 SPX pts and a cloud of dust but I'll take 5 and then evaluate again Maybe leg into a debit spread SPY
I would say you got what you wanted. Now do we see it test the blue support lines you have drawn?
Tidal_0BX
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@WTFpattern, Really didn't think those blue support lines would come into play.
They really were only on the chart because I hadn't cleared them off from days prior.
I missed most of this continuation to be honest