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DbSG

SPY- Neutral/Choppy

SPDR S&P 500 ETF TRUST (BATS:SPY)  
DbSG  
BATS:SPY   SPDR S&P 500 ETF TRUST
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I think heavy longs should lighten up positions and possibly increase hedge. Tier 1-2 longs still look fine till 1640-1660 (may test this zone before another high attempt)
Bearish view if we can't close above 1700 in a week or so.
Not sure if highs of the year are in.
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