sp'15min
Summary
*I remain interested in picking up another SPY put block...later today..having exited just after the open.
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Best guess for this afternoon.... 1863/65...with VIX 14.25 or so...
Holding to broader downside target zone of 1800/1790.
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11.05am.. How about this........
sp'60min'1b
A bounce to 1860s....filling in the RS..and then..down we go...?
11.11am.. minor chop around 1850..but still, given 2-3 hours..1860/65 looks very viable.
As many recognise...it is on a break <1840/35...that is what would offer a very significant daily decline of 30/40pts.
....viable tomorrow...or Monday. I don't mind either way ;)
11.30am.. continuing minor chop....still looks VERY probable..for the 1860s....
Patience....yes. back at 12pm