Looks like we are in a bit of a downtrend since Monday's high... Barely holding the bottom of the longer term October uptrend... I'd like to see an attempt to break above the downtrend fail and then go long SPY puts around the area of rejection 3327 or so on SPX Nothing special 10 SPX pts and a cloud of dust but I'll take 5 and then evaluate again Maybe leg into a debit spread SPY