All I can say is the above, this week the market threw most of us for a loop, we all expected Monday to be the most bearish day, well of course it was the most bullish, we expected Tuesday higher Wednesday most bullish and WTF exactly the opposite. Yes we came way off the lows, but as we know the market likes to hurt the most folks it can (along with lining MM’s pockets) and yes I think they are greedy. It’s my blog and I can say what I want to!
Now that being said today most likely will chop around and possibly end flat. I am long and unfortunately will have to deal with it somehow today.
Here is a chart on the SPX to see where we are currently. I think we go higher to test the 1102 area, but ultimately end around 1085 end of day.
I will close my spy calls when we have a bounce




