Every 20 something trading days the SPY pulls back. Very predictable and ridiculous pattern. I'm if you go back to these dates you can find some BS doom and gloom headline about why the market is going to crash. The amount of FUD in this market is disgusting. Moral of the story, look to buy some SPY puts in a couple weeks and take advantage of the "free" market.
Note
The next doom and gloom headline should be around October 19th btw.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.