SPDR S&P 500 (SPY): I wanted to flip bullish for the short t...

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livinginthelimelight

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livinginthelimelight

Re: risk on post# 176532

Friday, 01/08/2016 8:57:39 AM

Friday, January 08, 2016 8:57:39 AM

I wanted to flip bullish for the short term this morning, however, this jack back up to yesterday's highs in the pm, have me thinking otherwise. I would really like to see some capitulation here today, then play a few lanes of calls for open next week. I think after op ex we sell lower again, I think the last week of January will be a move to below the August lows.

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