SPDR S&P 500 (SPY)

[loanwolf]

SPY Charts:

I think you were spot on with your statement the other day for today's action......

"Could be a quick IFB to sell more puts and shake some calls loose. Maybe a quick burst of fear Monday? Then a quick turn and burn ?"

Also as I said, it was a premium killer on both ends from last weeks holds.

However, I have SPY closing above 50ma for past three days tho since it's "triangle break retest" ?
See below
<edit> I believe your referring to the non dividend or unadjusted _SPY chart, so my bad in which case you would be correct.

SPY Candlestick Chart:





SPY Daily Close Line Chart: