SPDR S&P 500 (SPY)

[imiloa]

SPY seems to have found decent S @ 473.
SPY 5min indicators are neutral now.
UVXY 5min still bullish for now
(meaning bearish for SPY)
but after all the rapid buying after S tests,
i'm wary of a bot rally this afternoon
because they can.

if SPY doesn't punch below 473 soon after 1pm ET,
i'll likely close puts while they are decently green
and not risk the potential bot rally.

edit: within minutes of posting the msg above,
SPY finally punched below 473 S.
might free fall a bit now.
let's see where bulls catch it.