See annotated chart. There's a decent chance we bounce once more above SPY 415. If the red pivot zone becomes resistance, I will quickly switch to bearish and short. I'm long with calls as of Monday's close. Not interested in holding under 414. Wouldn't buy if we tap ATH and roll-over...but if we do squeeze again, it's gonna be a doozy!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.