whiteknightmoving

SPY- sideways/down for a small short

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Nice pop today, for a small B wave. yet on a 5 min chart noticed weak rsi at the sell zone. Now we are gonna head a bit lower to the c wave and finish this ABC consolidation. This Should finish at the larger point B shown in green the buy zone area. I'll sell today's puts and rebuy calls for the larger C wave in green. Probably around 275 zone. but window is 273-278... lets see how much momentum we get.
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