The last 2 days low line can just be dragged up and put back live. We do have a bit of excess and that is all a top needs. but we are still firmly in a up move. the close is inside the megaphone bottom and also a distribution low so next week will provide tons of info. Will be using the "break of the 2 day low" I will be starting small and see if I build a sizable short. Time will let me know.
Catatan
looks like if internals are negative the first level of puts will trigger.
This trade will be the last work I will be publishing, hope some of you gained some incite and good luck to all.
Catatan
I will post short triggered after a few more events complete. Yes I could take a small put position today. HOWEVER PLEASE! I can see SPY 560 area also.
Catatan
I did NOT buy puts, the entire M7, stocks where positive strong and i didn't want to short into that strength.
Catatan
That 560 got hit maybe we can go out hunting for the short again.
Catatan
565 it is looking like before anything. I'll respond to what comes.
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