Major crash potential. Last time SPY hit these 3 lines at once..

We had a swift impulse of roughly 10% the last time SPY breached all three of these lines on the 30 minute simultaneously.

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I picked up some 338 lotto puts for tomorrow. Luckily I entered short at 347-357 in batches. Anyways, this impulse down is eerily similar to the june impulse (yellow). Just wanted to share this with everyone.

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Here is a conservative measured move using the impulse from today. It is in agreement with the measured move from june.

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Interesting:

Trade closed: target reached:

Out of this trade. Good luck to all.

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SPY looking very similar to march so far. I will enter at 300-309 area.