SPDR S&P 500 (SPY)

[trendzone]

The current environment dictates that taking this S&P index over night in a either direction trade, is not a good idea,and a real gamble, the daily chart for the past month has many gap downs and gap ups, mostly all related to news,and the possibility of positive or negative news related the Russia and Ukaine situation, and everytime the idiot media pumps out some BS headlines about meetings to discuss the conflict and perhaps pervent it, and then a day later or just hours later that tanks and planes are about to roll into the Ukaine, or shots have been fired, and each time when the market is closed the pajama futures traders are either pumping or dumping depending on the idiotic media report out at that moment, leaving many with whiplash and holding bags if they are not quick enough or real experience future traders, chasing every numb nuts headline from the media could leave many futures traders needing another pair of pajamas after the ones they are wearing gets torn off them.