SPDR S&P 500 (SPY)

[farooq]

Market tries both sides, there was enough shorts gathered last night that a gap up of meaning was possible, S&P future moved in 30 points range in last session which is only happen when more traders are on one side.
In this case it was shorts.
They did not found new high after first attempt so it means they will do what they do often, to test buyers of today and entice new short seller tomorrow.
We are supposed to make new high on Wednesday to Thursday, if we gap down then after 2Pm up move should start.
I was wrong often in my analysis so please do your own D/D.
I did cover my Short calls for 30 Cents gain and I am long 222 for peanuts.
I netted 20 Cents and now my 222 are paid by this trade.
I wanted to short at close but after looking momentum I paused.