I know alot are worried if SPY pushes up anymore or not.. but this is how I see it and what I am looking for... something along these lines... how fast or when we arrive is the big question but I am looking to arrive there.... In the event this does breakdown.. it's time to be out and look for re-entry. I remain short term bullish but **I could always be wrong on this one**. I am just very convinced we move up, short term.
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Or.. but you get the jest
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Well after looking at the options order flow... I am less than impressed ... I may get out and sit this out and be patient. Going long is against the trend... I still am not thrilled with shorting at this stage so I may just be on the sidelines on a couple positions.
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