SPX SHORT - SHORT TERM ONLY

19 thg 11, 2015

Due to the excessive and increasing sustained bullish moves, and the fact that in this chart, if one were to remove the 'float time' during after market hours since yesterday's close (Nov 18, Wed), if the channel were drawn using close data, the price would be at the top of the channel, not the bottom (as it is now).

I am holding a very small short position in the form of 209.5 put, Dec 4th expiry. I will be watching the open to see whether it is worth holding on.