SPDR S&P 500 (SPY)

[Scripo]

Good points. And i agree with pm theory dõs.

I think where the slowstoch is trumps a huge runner thoery a potential pop to 50ma possible but shorter ema crossing over with the occilators this high is not an ideal setup for bulls. 50sma and slow sto is way to high for small ema cross and sustain an oct type run at this point.

Meanwhile vix uvxy vxx or whatever other volitilty chart is primed for a massive rip. Low sto. Rising rsi, smaller ema's are crossing pointing up above its 50MA on daily.

Im just going to play the break not going to try to guess which direction before the move. I favor the probabilty of a move down however there is always the theta killer potential pop "short lived"that would kill puts over the weekend.