the Calm before the storm
It looks like a repeat of last year. It appears as though SPY might want to gab fill before it continues the bloody mess. If we look at this in waves it appears that 440-442 could be the end of wave B and Wave C could be around 421-423. worse case scenario we might see as low as 411 but could be highly unlikely. I have a stop loss if SPY breaks through 440-442. so if above 443 i will close my short position. Good luck.
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