marketmind3

SPY ES1! Going Long S&P

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
I'm going long here, with sentiment clearly bearish after the China headlines and very short-term nitpicky technical weakness. Even bears accept (are hoping for a dip) to 2,750. Any dip down would be with some clear technical divergences, which tells me everyone is waiting to buy down there. I'll take a shot being early.

I'll buy SPY and QQQ Calls - early June expiration.


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