Replies to post #202808 on SPDR S&P 500 (SPY)

[GuTA]

I'm all over 211p been avg down. Yikes

Made good money on calls today though, so no worries.... Yet

[FatStrat]

Lol you forgot "Or NOT????"

Much luv to NN. Witty and fast.

[nowwhat2]

Not quite the same panache - I'm sorry.

Close but no cigar.

.

Panache definition : Flamboyant confidence of style or manner.

.

.




Putting it ON :



Taking it OFF :

[USDollar]

according to the large bull flag from mid June SPY will go on toward 217 by the end of the month.

I think 216-217 zone will be less risky to initiate shorts playing by how ST charts go

Of course, that implies SPY will penetrate the ATH to new grounds.

In between now and then we have June 15 make believe drama, so I think some gyrations will show. It is quite normal to have a market rally TOWARD fed BSing.

Also, last OEX we did NOT get a rally from the boyZ toward OEX as we got accustomed to.
I see that this time around the boyZ rally from far back toward OEX.
I guess they try to confuse the players so fewer will be piggyback them and their schemes. So any dip will be bought toward the OEX 17 or rather probably better to say toward 15...