SPDR S&P 500 (SPY)

[risk on]

60’ says a drop at open tomorrow is very possible, failed S with upper wick candle, daily somewhat affirms, but the 4 hr has held S , 4 periods in a row, and that doesn’t work so well for gap down, so, in short, as NN said , who the F knows ?

I’m sitting on 7/17 , 195p , so as long as that “ DROP “ you speak of comes at some point near ( thinking next week ) , I will off load these terdy puts and roll out dates even further. Cause way way too much damage has been done to the economy , and the chart , for things to just go back to normal , “ V shape “.

Timing things sucks, but I do expect a drop that will make the masses think , “ end of world “ is coming, and causes premiums to spike.