Hedge_Of_The_World

SPY at White Channel Resistance

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
I'm away from my desk today guys, as I have a few meetings, but I wanted to share an idea nevertheless. The rocket ship appears to be running out of fuel around the gamma neutral zone (383), and the top of the white channel, where we saw 5 houly rejections in a row yesterday afternoon. AMZN and GOOG beat on earnings after the market close yesterday, and yet, futures are relatively flat this morning. Will we finally see a (notable) correction this week, after some light turbulence last week? God I hope so...
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