AMEX:SPY   SPDR S&P 500 ETF
186 9 2
SPY             wedge breakdown measures to 153.
That's what I was thinking as well
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MIAMAN QuantitativeExhaustion
I think a smooth descent from 1450
snapshot
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nice clean chart
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christopherbrecher PRO QuantitativeExhaustion
I'm an idiot though. I covered all my shorts yesterday, because of the jobs report.
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QuantitativeExhaustion PRO christopherbrecher
You're not thinking you get a better opportunity today ?
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christopherbrecher PRO QuantitativeExhaustion
I was short a bunch of call spreads in the SPX, and decided not to ride them out. Not sure what to do this morning, with such a lower opening.
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QuantitativeExhaustion PRO christopherbrecher
Jobs report can quickly change everything. I saw this a few months back with NFP, Market was in the red by a decent amount and Jobs report came in with a surprise. Market went up first 30 mins and quickly crashed.. Back in first week of Novemeber. Risk Santelli called it right CNBC.
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might even get a throwback near 156.50 today before correcting
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MIAMAN QuantitativeExhaustion
it's really, but a lot of differences on the fundamentals
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