SPDR S&P 500 (SPY): True, on a one-day basis one would have...

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Re: imiloa post# 255839

Wednesday, 03/07/2018 4:54:44 PM

Wednesday, March 07, 2018 4:54:44 PM

True, on a one-day basis one would have to give the upper hand to the bulls on the comeback today, however, SPY still closed below 50SMA and H&S appears to be forming. I still want to see a break and close above 273.50 before I turn bullish...short-term, that is.

I bought puts at the close but I'm not feeling confident for tomorrow...

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