Eloquent

The spy $400 retail trap.

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
everyone is expecting spy to hit $400 this week, but...
we're approaching a very important algorithmic target at 397,
expect some strong volatility in the days ahead.

max pains on 2/19:

$spy = $380
$qqq = $320
$iwm = $216

proceed with total caution, and don't fall for the retail trap.

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