SPY Opportunities Forming Today

A close below the mid-price point and a close below today's low on the following day is a good sign for a short term covered call entry, Protective Put on an open stock position, counter-trend Skip-strike butterfly to the downside, or downside position altogether with lower probability of calling a market downtrend or consolidation
Bearish PatternsCALLchaoscountertrendcoveredcallFractalreversalshortSPDR S&P 500 ETF (SPY)

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