Short this one since midday

6 เม.ย. 2017

All this week the A/D line looked weak and yesterday it came back to roost. Today's rally failed at the 50% retracement of the reversal from yesterday's +200 to -40 close. Since this should be a quick pullback I favor the very short term SPY 4/12 235 puts here @ $ .90. Not looking to fall in love with the downside but the AMZN reversal may have more of an effect in the next 2 or 3 trading days..OZ