SPDR S&P 500 (SPY): Sold Puts near open. believe we have 2...

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Re: gdl post# 267609

Monday, 08/13/2018 11:46:56 AM

Monday, August 13, 2018 11:46:56 AM

Sold Puts near open. believe we have 2 more days of shallow moves. If so expect a much larger drop, below 2790 which has strong support.

This should be the setup for a BIG drop. Notice the SP500 still hasn't reached it's old highs. IT is a very big deal. I think this coming drop will push back the break above new highs for many months to come.

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