Normally, I'd say SPY will trend upwards along the channel. But with DIX diving hard, we might be in for a crash.
We have broken this line only once - in June.
Too early for strong correction I think. Maybe after most earnings.
Channels for SPY. Should have a better idea on where it is headed by morning.
Hit 326 before 330. Go above the channel. DIX/GEX pattern is identical to May '19. I believe we will crash below big support for the first time.
ALL in on PUTS at spy 327 tuesday or wednesday.
Buy BA at 171 or at open on Monday in case of AZN vaccine pump.