SPDR S&P 500 (SPY): Thoughts from the Gut: Looking for v...

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Re: None

Saturday, 12/15/2018 9:28:23 AM

Saturday, December 15, 2018 9:28:23 AM

Thoughts from the Gut:

Looking for volatility and a near term low on Monday as the fed gets dovish heading into year end.

I fully expect 2577 to print and likely hold. If it can’t, 2550 will mark the bottom intraday at which point buyers start stepping in aggressively.

I’ll be a buyer / adder if 12/21 263c and 1/4 269c as I expect 2720 gets touched to the upside.

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