What a surprise, as they now drive it up the shorts after screwing the longs......Shorted Spy at 192.36, covered at 193.
They had their 10% washout....and the " buy the dippers" could aggressively enter the market as they did today.....The market at a minimum should have paused at 192 as that was an area of good resistance.and 10 points off the low...and it did not.....Ive seen this before....my next level of resistance is 196, ....will consider buying any 2 point retracement