SPY breaking down triangle pattern and heading to my blue line support area. I am short from 206 and now holding my Feb puts still waiting to get out at 191.50 level. Watching to load some stocks like HUM and AAPL at my entry level at their daily support as I mentioned in my previous posts.
After a fake head out, SPY is back to the down trend. At present it has the support at 198.70 level. This time I am expecting for a break down to 192.50 support level. I am still holding my Feb puts on this.
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