$SPX - Monthly Distribution
Everyone very focused on the the daily chart need to zoom out and look at weekly, similar to how traders look at the 15 min / 1hr / daily for swing trades. Monthly showing clear distribution on increasing volume. Vol sell signal triggered and would need a close above 2935 to be bullish. Vol stop signal has been extremely accurate on the monthly. Look at the green and red dots. Short the rally's until then.
I am long
SPY Dec 2019 $150 puts at .65 avg px
I am long
SPY Dec 2019 $150 puts at .65 avg px
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