SPDR S&P 500 ETF TRUST
Short
Updated

SPY - The Bear Case

301
We can view this look as a 5-3-5 Zig Zag correction. The 3 wave is now or about to be completing. The C wave down, which would occur in five waves can be expected to reach equality, C = A, at the 355 level.

Adding Jan25 500 Puts for portfolio protection
Note
snapshot

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