SPDR S&P 500 (SPY)

[risk on]

The Stochastics were completely, and I mean utterly maxed on the three year chart, it's got to take some pressure off. That 185 ish mark seems like a point to consider calls. Right now, things could snow ball quickly, when it's this overbought if someone lights a match, the whole building may scream fire. These lil V cool downs have been getting progressively deeper over the year, and it's only going to take one to pass the previous low and there may not even be a continuation up from the 180s. It may just as well be the big one