Replies to post #379620 on SPDR S&P 500 (SPY)

[imiloa]

bigger pullback than i expected
after the 475 R smash.
looks like SPY components have found some footing now
and are trying to rally again
but UVXY sideways (not down)
as SPY rallies up a bit now.

bit wary that we all bought a big headfake this morning.
i usually aim to not open any new trades before 10am
on assumption that the first move is headfake,
as seems possible today.

the strong high-volume punch upward through 475
seemed a buy signal to me.
but, as such, also seems a perfect headfake (call bait)
before they pull the rug on calls.

time will tell...

[Greedy G]

~average down @.11c now