SPDR S&P 500 (SPY): I posted several times that one of the c...

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Re: fitzwell11 post# 316047

Thursday, 06/11/2020 12:29:47 PM

Thursday, June 11, 2020 12:29:47 PM

I posted several times that one of the clues to failure of the rally was SVXY struggling to keep up (in a real rally, it surges ahead). However, I have to tell on myself. I posted on another board that we are on a 3 of 3 on Monday and that negative divergences don't work in 3 of 3's. I was getting ready to sell a significant amount of puts at a great loss.

Then I realized what I just did, didn't close the puts, called in sick for FOMC day and waited.

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