TopMarketGainers
Long

$SPY will get frantic into the close

AMEX:SPY   SPDR S&P 500 ETF TRUST

Bullish divergence
But still within channel, range tightening between downtrend and horizontal key support.
Major volume expected into the close'
So many short positions this week, will they cover?
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Comments

I wouldn't be going long for a long period of time thinking this is the final run to 4000. Still more blood shed to come.
+1 Reply
Was honestly hoping for a rebound today, never got it
+1 Reply
However if we break down, $213 is coming. I bought puts and calls, so either direction I will be covered
Reply
@ebe1992, At this point it looks like $213 now due to break down?
Reply
giosant ebe1992
@ebe1992, i got puts already, then a cheap SPX call at 359 today, feeling we will bounce off this new low close
Reply
Not till Monday
Reply
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