Replies to post #171692 on SPDR S&P 500 (SPY)

[gr8investment]

of course not...we'll rally +400

[imiloa]

SPY & VXX are going the wrong way currently for an EOD selloff.
AAPL, NFLX, FB looking bearish currently.
but XOM, GOOG, GE looking bullish for now.

VXX looks to have bottomed and just twitched upwards a bit.
so SPY might shift south for a bit now.

but my general sense is that buying has been propping up SPY today
with an agenda to go higher.

if they run SPY up into the close
they might gap and run tmrw, just as they did on sept16.
with the rally peaking tmrw morning before FOMC
or just after FOMC as on sept17.

if that happens, i would def expect a drop by EOD tmrw,
as happened sept17.

and i will consider playing that drop on several fronts.
eg: SPYp, UVXYc, FBp, NFLXp, etc...