Liathetrader

$SPY levels and scenarios

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
The last weeks in the markets looked ugly. If SPY is unable to hold this level (375) we are looking at LOY 363, and then 200 weekly MA around 350 or the end of this volume vacuum around 330. All plausible. Question when buying PUTS its only "when"?

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