bullishbearsdan

$SPY this trendline we hit today has been a thorn for bulls

AMEX:SPY   SPDR S&P 500 ETF TRUST
As you can see we have not broken this TL
In many months and we are all waiting with baited breath to see what happens. Selling calls looks like the play vs buying puts as it could hang out near here for a week or two before really pulling back.

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