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TheMoneyShot619

SPY overly optimistic. 05/20/2020

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
TheMoneyShot619  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns Trend Analysis SPDR S&P 500 ETF (SPY)
6
3
chartpattern trendanalysis spy
We should see a pull back Thursday-Friday. Too much uncertainty in the economy to logically justify current market levels. I'm looking for a panic sell off like the one we saw Thursday. After a significant pull back, I'll feel comfortable loading up on SPY calls.

Current positions:
$283 Puts 5/29

VXX 32.5 Calls 5/29



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