Replies to post #90157 on SPDR S&P 500 (SPY)

[youaretheone]

the channel is broken my friend...

and the manipulation day was the on that was up, stuck in the middle of two big down days with more volume...it was to me a clear sign of distribution, as the options did not have show any conviction to the upside...

1060 should be a good upside target to load up with more puts if we can somehow get there...

not to mention the vix break of it's "triple top", which we all know is a continuation pattern...fear is here again, and it should not be ignored.