AlphaCondor
Short

Short here

BATS:SPY   SPDR S&P 500 ETF
171 13 0
First target 155.72
What do you think? Confirmation of double top?
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I thought I had replied to this earlier... guess it didn't post through? I bought puts this AM and closed half of them before close. I'm expecting a move higher and then I'll watch closely for a bounce down from a fib level and I will buy more puts there. Unfortunately we can't say we've confirmed a double top with 100% certainty until we break neckline (153.50). Breaking 155 gives us confirmation with 75% certainty.
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I still have shorts on Dow from a couple of days ago. Have to see if it breaks the previous top.
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Good luck! I didn't like today's close at all... Be careful
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KevinT AlphaCondor
Thanks. I will.
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Hi AC. Are you still on this one?
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Nope, closed it today. Amazed at the price action. Going to step away from SPY until we have a confirmed reversal
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This must be Central Banks purchasing power.
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If were still up by tomorrow morning I will close at a loss
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Leclaireur AlphaCondor
Important numbers are getting out tomorrow
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