SPDR S&P 500 (SPY): i just got home from the brewery to watc...

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Re: risk on post# 208674

Monday, 07/18/2016 4:12:58 PM

Monday, July 18, 2016 4:12:58 PM

i just got home from the brewery to watch the close.
looks like SPY took a saunter higher in the afternoon
but had a nervous breakdown into the close
with VXX running a bit in the last few minutes.

my puts are green AH
and i'm considering closing them
given the SPY bull flag on the 60min

but the weakness at the close
amid the other OB signals
makes me want to hold overnight.

eg: 69min upper BB down to 216.7 now.
daily STO OB since july 7th.
daily Awe roundtopping.

with the cherry on top being a steep rally to 3% higher than pre-brexit highs.

question being:
are we in the foothills of another october 2015 rally?

99.99% of all pinks are scams. Best to assume the other 0.01% are as well.

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