$SPY this trendline we hit today has been a thorn for bulls

As you can see we have not broken this TL
In many months and we are all waiting with baited breath to see what happens. Selling calls looks like the play vs buying puts as it could hang out near here for a week or two before really pulling back.
Bearish PatternsresistenceSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortSPDR S&P 500 ETF (SPY) Trend AnalysisTrend Lines
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