Shorting SPY with SL at 292.75Buy SPY 292 Puts expiring tomorrow at $0.80. Likely to break the support below.
SPY trade ideas
hidden bearish divergence This counter rally is running into a hidden bearish divergence. Volume is declining. The trendline breakout didnt bring in a lot of buyers. I expect the stock market to go down, trying to continue it's downtrend.
Going straight back to the all time high without looking back would be very surprising.
