SPDR S&P 500 (SPY): Risk, I have mixed feelings about it, da...

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Re: risk on post# 243529

Sunday, 10/22/2017 12:42:20 PM

Sunday, October 22, 2017 12:42:20 PM

Risk, I have mixed feelings about it, dat Hammer daily print is indicative of a 2/3 day drop, BUT, SPY is still in a Strong uptrend and Closed above the R11(255.99) by quite a bit, hence, it's probable to see the R12(258.81) tagged and it could be sooner rather then later???

I go into Monday with one Open position, 257.00 11/1 puts and if price does NOT show weakness Monday then it's Fade our puts time, well, AGAIN, LOL...

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