Feeding off of pain and euphoria. Find me on Twitter @greenlander1
Friday, September 4, 2015
Sept 4 - SPY sell signal confirms
The SPY sell signal confirmed with the open and looks like we are set for downside into next week barring an out of nowhere short squeeze. I am inclined to think not considering there is heavy volume this morning. I had grabbed more ATM put spreads at close yesterday and so far so good.
Room to go down as the Bollinger and other indicators are middle of the field on the hourly.
The volume coming in strong this morning relative to yesterday's noncommittal volume.