Replies to post #168775 on SPDR S&P 500 (SPY)

[imiloa]

added some dec4 207p @ 0.80 to hedge.
looks like it'll break one way or the other soon.

the lack of bot bounce and ADX cross by now
and rising RSI on small rally pushes
makes me think downward at this point.

but they could just be painting this to sucker in more put buying.
and 5min Awe suggests bounce momo building...