SPDR S&P 500 (SPY): Monday gap up, SPY looking to open at...

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Wishthiswasmyjob

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Wishthiswasmyjob

Re: Wishthiswasmyjob post# 327708

Monday, 09/28/2020 7:36:55 AM

Monday, September 28, 2020 7:36:55 AM

Monday gap up,
SPY looking to open at the 332.75 area,
I'm still wanting to enter a portion buy of the
October 16th ITM puts within the first 30 minutes, with the SPY above 333
and I will only have concerns if we see a solid volume day, above 75 million,
And also a full breadth day, with IWM and RSP also with a full day upward trend and
Good volume. IMHO, this is quarter ending window dressing...

The DAX with a solid session here, but now both the DAX and NIKK near resistance.

I am also thinking the debate tomorrow night will be a negative factor for the market this week.
It's amazing how quickly the market seems to forget about the negative reality we face,
When a short squeeze rally comes.

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