BATS:SPY   SPDR S&P 500 ETF
840 0 0
The market has yet to show its hand on the daily and we continue to trade in a trading range. The Chiku (red line) had a firm rejection from a huge candle in early September. Now it appears we are are going to backtest the the Tenken and Kijun lines on the daily. Candles indicate a basing pattern appears to be developing. VIX             remains low and DEC             Iron Condors selling at a 10 delta would be viable taking in 60% of the credit received for a safe trade during this indecision. I would use the SPXPM for this play.
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