Replies to post #176936 on SPDR S&P 500 (SPY)

[GuTA]

I think next week is a bit of a crap shoot. There's plenty of things that could continue pushing us lower, yet we are OS near term and a bounce would surprise no one.

I'm playing scalps intraday. Nothing about the chart is telling me longer term puts or calls make sense to run out and buy next week. I have a bearish bias bigger picture like most do, but buy short positions after the week we just saw seems like running into a crowded trade.

I'll look for longer term puts once we see OB , but until then I'll just day trade.