Looking at the 1M on the AMEX:SPY , it's leading me to think if we close below last months low, we should be confirming regular bearish divergence, giving us a target of at least to the 21e . Please see chart for reference of current target. fastlanewinners.com
With the drop to 60k already happening, will evaluate if this possible bounce makes it above 67k, at 67 will explore options on possibly opening a hedge short position, while maintaining bag positions. It's an obvious idea with minimal risk vs reward. Short 66-67k Leave current bag alone, and hodl let go of short when or if 60s is breached and we touch the high...