Tuesday, February 14, 2017 1:19:59 PM
We need to drop 70 to 80 points on SPY in next 10 sessions, initial target is 227.84 to 226.78.
I think it is probable we see 226.78 by Friday, although mostly monthly expiration close on high price but this one can be exception.
I am playing both side but have small bet for sudden realisation that king has no clothes.
If we close below the low of today then it has started, low today is 232.16.
Do your own due diligence.
Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.
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