bossmodetrader

Bear Pennat in SPY

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Seems like a bear pennant is forming.

Further market direction depends on the side that we break out of.

I am sour so i want to see a solid move down from these levels.

However, very aggressive buying is going on today.

Loaded SQQQ, SPXS, UVXY, SDOW and a some puts. Either getting paid or getting my ass handed to me.

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