Replies to post #172438 on SPDR S&P 500 (SPY)

[imiloa]

maybe. but 206+ now seems to be SPY support
and sub-20 seems to be VXX resistance.

still smells like a bot rally EOD to me.
we've seen this EOD setup many times before this year.
including through most of october...

[rawiron1]

I think this whole mess has been a head fake. I am going to set a personal record for stop-outs this month. Sheesh! Gonna trash my yearly averages.

SPY

[imiloa]

2/5min Awe have shifted bearish
also 5min ADX bearish.

but VXX still below prior 20 support level.
and SPY prior 206 resistance is still working as support now.

if a break under 206, i'll close my calls and be done for the day.
still holding for now.

[imiloa]

there's your conviction.
i stopped out of some 208c @ 0.60.
will exit the rest on the first decent bounce.