Replies to post #358134 on SPDR S&P 500 (SPY)

[JackAskSlap]

So we can grab cheap calls ;-)

[rocco_p_coletrain]

Higher than expected jobless rate.

[grasshoppah]

Several reasons. Those mentioned and ecb took a more aggressive posture. Probably primarily that all reports keep coming in showing inflation to be heating leading up to the fear of a hot cpi print today. End of the day key support levels broke down and selling cascaded.

[2H2]

Because the 8 day trading channel broke to downside.