Amazing how we have these divergences but they don't get follow through. I really thought today would have been more productive for longs. Took some SPY ITM puts expiring end of this week at close in case we get a big move down below support. I am leaning towards a gap down. I really don't know what will happen intermediate term as we don't seem to be getting the capitulation needed to set a floor.
Printed a reversal candle with weak volume so today could be seen as a weak bounce/ consolidation within the ongoing trend.