Buying this dip one more time!

11 May 2021

See annotated chart. There's a decent chance we bounce once more above SPY 415. If the red pivot zone becomes resistance, I will quickly switch to bearish and short. I'm long with calls as of Monday's close. Not interested in holding under 414. Wouldn't buy if we tap ATH and roll-over...but if we do squeeze again, it's gonna be a doozy!