Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

SPY Snap Back?

Yesterday saw 13 index ETFs below 0.2%b. Today at the close the Spy is flailing between a hammer and a doji with a 50%+ RSI-2 and an ascending MOMO. . Monday will tell the tale. ITM SPY calls look really good.

Disclosure: I am long SPY.